Tag: deeper
Reeves mulls deeper cuts to public services as borrowing costs soar
Chancellor could slash departmental spending in spring after ruling out tax increase, officials reveal Rachel Reeves is considering imposing steeper cuts to public services to repair the government’s finances after a bruising week in which investors drove up the cost of UK borrowing and pushed the pound to a 14-month low. Government officials have told…
Venezuela tumbles deeper into dictatorship with Nicolás Maduro set to extend 12-year rule
Global democratic leaders pledge a boycott as exiled opposition leader vows to return to challenge ceremony Venezuela’s tumble into authoritarianism is poised to enter an even harsher new phase this week with Nicolás Maduro set to extend his 12-year rule despite widespread suspicions that he stole last year’s presidential election. The man widely believed to…