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Economists from Capital Economics predict that Labour could benefit from a £16 billion spending boost if it wins the upcoming General Election, thanks to updated forecasts from the Office for Budget Responsibility (OBR). This potential fiscal headroom is nearly double the £8.9 billion announced in the

Economists from Capital Economics predict that Labour could benefit from a £16 billion spending boost if it wins the upcoming General Election, thanks to updated forecasts from the Office for Budget Responsibility (OBR). This potential fiscal headroom is nearly double the £8.9 billion announced in the

Labour has announced plans to prevent parents from pre-paying private school fees in an attempt to dodge the forthcoming VAT increase if the party wins the general election on July 4. Senior Labour sources confirmed to The Telegraph that anti-forestalling legislation will be introduced to stop

Workers unload vegetables at a street market in Manila. The Philippine central bank lowered its average baseline inflation forecast for 2024 to 3.3% from 3.5% previously. — REUTERSBy Luisa Maria Jacinta C. Jocson, ReporterTHE BANGKO SENTRAL ng Pilipinas (BSP) kept interest rates steady for a

BW FILE PHOTOTHE NATIONAL Government’s (NG) budget deficit widened in May as spending growth outpaced revenues, the Bureau of the Treasury (BTr) said.The NG’s budget gap ballooned by 43.1% to P174.9 billion in May from P122.2 billion in the same month a year ago.Month on