budget

Japan sees first primary balance surplus in 28 years in 2026

It forecasts a surplus of 1.34 trillion yen, which has been a government goal for more than 2 decades

SICCI chairman Neil Parekh says Budget 2026 presents a timely opportunity to strengthen Singapore’s SME backbone and bolster business transformation.

SICCI calls for foreign worker quota review for sectors with ‘chronic’ manpower crunch in Budget 2026 wish list

The Singapore Indian Chamber of Commerce and Industry makes six key recommendations in its proposal ahead of Budget 2026

The BOE's monetary policy committee is evenly split between hawks and doves in recent months, with Bailey emerging as the key swing vote.

Bank of England faces the end of easing cycle

The 25 bp cut on Dec 18 will bring the BOE’s rate to 3.75%, and is suggested as Britain’s ‘neutral rate’

“This wasn’t an easy decision, but it’s the right decision,” Jim Chalmers told reporters in Canberra.

Australia scraps electricity rebates as budget deteriorates

The government looks to rein in spending after large, structural budget deficits

Lawmakers of the ruling and opposition parties pass the government's 2026 budget of 727.9 trillion won that calls for more spending to prop up the economy and on national defence during a plenary session at the National Assembly in Seoul

South Korea parliament clears 2026 budget to power AI-led growth

[SEOUL] South Korea’s parliament approved a 727.9 trillion won (S$642.4 billion) budget for next year on Tuesday (Dec 2), endorsing President Lee Jae-myung’s sweeping plan to revive the economy throug...

Above: Homes in Guildford, 44 km south-west of London. The average home value increased 0.3% to £272,998 in November, suggesting that the housing market is holding up.

Rising UK house prices defy Budget tax fears, mortgage-lender Nationwide says

As buying activity was held off ahead of the Budget, prices may rise in the coming months: Capital Economics

Respondents to a YouGov survey conducted after Wednesday’s statement said they saw it as unfair rather than fair by a margin of 48 per cent to 21 per cent.

Reeves’ UK budget calms markets and party but leaves Britons unhappy

[LONDON] Britons reacted overwhelmingly negatively to Chancellor of the Exchequer Rachel Reeves’ budget, suggesting little relief for the Labour government’s slumping popularity.

Above: Homes in London. Uncertainty over the Budget had led to an 8 per cent year-on-year drop in homebuyer demand in October.

UK housing demand seen recovering on clearer post-Budget outlook

Analysts expect pent-up demand to bolster the traditional spring selling season as buyers return to the market

British finance minister Rachel Reeves says: “I am asking everyone to make a contribution, but I can keep that contribution as low as possible, because I will make further reforms to our tax system today to make it fairer and to ensure the wealthiest contribute the most."

UK’s Reeves comes back for more tax to bolster finances

Britain’s fiscal watchdog apologises after publishing Budget forecasts before finance minister delivers them in parliament

Britain's Chancellor of the Exchequer Rachel Reeves has announced sweeteners such as above-inflation rises to the minimum wage and pensions, along with freezes on rail fares and prescription charges ahead of the budget.

UK to unveil tax-raising budget

[LONDON] Britain’s centre-left Labour government is set to unveil a tax-raising budget on Wednesday to curb debt and fund public services, while aiming to reassure financial markets and voters alike.