PM Keir Stramer has prepared the public for a tough budget announcement in October, revealing a shortfall of £22 billion in public finances. During his speech at Downing Street, he said that the wealthiest would be hit the hardest. Starmer stressed that while the upcoming budget measures might be unpopular, they are necessary to correct past fiscal mismanagement. He reassured that his administration wants to avoid taking income tax, national insurance or VAT up further. Instead, they intend to focus on more targeted fiscal strategies.

 

What Are The Reactions To This Announcement

 

The response to Starmer’s preview of the budget has been mixed, with some being worried about the economic impact this cut will have. Critics, particularly from the Conservative party, argue…

The ICC has approved a budget of approximately USD 70 million for holding the Champions Trophy in Pakistan early next year. A source close to the ICC said on Thursday that the world body’s financial and commercial committee, which is headed by BCCI secretary Jay Shah had scrutinised and approved the budget which was prepared and jointly submitted by the Pakistan Cricket Board and ICC finance department.

“The approximate budget is around USD 70 million and only USD 4.5 million has been allocated as additional expenses,” the source said.

The approval of the total budget and additional expenses at the last ICC meeting has generated speculations that the back up funds have been kept in case India refuses to send its team to Pakistan and some matches have to be played at other venues.

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Energizing the Future: India’s Leap Towards Renewable Energy Post-Budget 2024

The Interim Union Budget 2024 has been unveiled, setting a promising trajectory for the renewable energy sector. As India strides towards its ambitious net-zero goals by 2070, the budget’s focus on enhancing renewable energy infrastructure and incentives has garnered positive reactions from industry leaders. This piece explores the perspectives of key figures in the renewable energy landscape, shedding light on how the budget aligns with the sector’s growth and sustainability objectives.

Mr. Masood Mallick, CEO, Re Sustainability Limited (ReSL), commended the budget for its alignment with India’s net-zero ambitions, highlighting significant initiatives like the enhanced allocation to the…

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