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Taxation

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Government Sets October 6 Budget and Releases €8.5bn Fiscal Envelope

The Summer Economic Statement creates room for roughly €7bn in extra spending with €1.5bn for tax measures focused on income tax to reward work.

France Keeps Europe Lead in Foreign Investment Projects but Momentum Falls

Preliminary NYC Budget Sets Aside $70 Million for City-Run Grocery Network via EDC

Cato Study Says Immigrants Delivered $14.5 Trillion Fiscal Gain Since 1994

France Adopts 2026 Budget After No-Confidence Votes Fail

MPs Fast-Track Groceries and Essentials Benefit as Budget Watchdog Sets $12.4 Billion Price Tag

Japan Approves Record Budget to Fast-Track Defense Buildup as Government Pledges Debt Discipline

Lula Signs Law Creating Chemical-Industry Credits, Adds Vetoes to Contain Fiscal Risk

Reeves Sets March 3 for OBR Interim Forecast Without Fiscal-Rule Assessment

4.1% Pay Rise Proposed for South Africa’s Top Officials Draws Immediate Pushback

Bulgaria’s Budget Protests Escalate in Sofia as President Urges Government to Resign

South Korea Passes 2026 Budget on Time After Last-Minute Cross-Party Deal

Japan Approves ¥21.3 Trillion Stimulus as Yen Slides, Bond Yields Climb

Think Tank Urges Cuts to UK Disability Benefits for Milder Conditions as £27bn Bill Looms

Godongwana to Table MTBPS on 12 November

House Bill Omits ACA Subsidy Extension as Analyses Warn of 2026 Premium Shock

UK Pension Tax-Free Withdrawals Jump 61% as Minister Declines to Rule Out Budget Changes

Bayrou’s 2026 Austerity Plan Imposes Over €10 Billion in Local Cuts

Labour Government Launches £725bn 10-Year Infrastructure Investment Plan

Rand Paul Holds Up GOP Mega Bill Over $4 Trillion Debt Ceiling Boost