Finance & Economics

Department for Environment, Food and Rural Affairs: Progress in Implementing EU Exit

The Department for Environment, Food and Rural Affairs (Defra) has made good progress in its preparations for exiting the EU, but it faces an enormous challenge. It is now not able to deliver everything it originally intended for a ‘no-deal’ exit, though Defra told us it still aims to have sufficient arrangements in place if needed, says the National Audit Office (NAO).

Easing growth momentum in the OECD area

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PM unveils plans for UK to become world leader in low emission tech

PM Theresa May will announce £106 million for R&D in green vehicles, new batteries and low carbon technology at the UK's first Zero Emission Vehicle Summit.

A £106 million package for projects developing innovative green battery, vehicle and refuelling technology will be unveiled by the Prime Minister at the country’s first ever Zero Emission Vehicle (ZEV) Summit.

IMF Reaches Staff-Level Agreement with Barbados on an Economic Program under the Extended Fund Facility

At the request of the Government of Barbados, an International Monetary Fund (IMF) team led by Bert van Selm visited Bridgetown from August 30 to September 7, for discussions on possible IMF financial support for the Government of Barbados’s Economic Recovery and Transformation plan.

World Bank Launches First Sustainable Development Notes Linked to New Global Sustainability Signatories Index

The World Bank (International Bank for Reconstruction and Development or IBRD), rated Aaa/AAA, will for the first time, issue US dollar-denominated sustainable development notes that provide investors return exposure to the environmental, social and governance (“ESG”) performance of UN Global Compact signatories through the Global Sustainability Signatories Index 7.5% VC ER.

IMF Executive Board Concludes 2018 Article IV Consultation with the Republic of the Marshall Islands

On September 5, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Republic of the Marshall Islands.

Canadian Taxpayers Federation reacts to Superior Court decision regarding Bill 5

Canadian Taxpayers Federation (CTF) Federal Director Aaron Wudrick released the following statement in response to the Ontario Superior Court's ruling on Bill 5:

Campaigners call for comprehensive review of National Insurance

Following the announcement on Sep 07 by the government that it has abandoned its plans to abolish Class 2 National Insurance contributions (NIC) for the self-employed, campaigners have said the whole area of National Insurance needs a comprehensive review.

NTU Congressional Ratings for the 115th Congress: Improvement, But More Work Needed

National Taxpayers Union (NTU) has released the congressional scorecard for the first session of the 115th Congress, and it’s good news for taxpayers: more pro-taxpayer votes were taken and passed in 2017 than in other recent years, and the number of “Taxpayers’ Friend” awards the organization issues for top-scoring lawmakers out has skyrocketed over 2016 results. While far too many members of Congress are still failing to consistently stand up for the best interests of taxpayers, 2017 was still an important year of progress on many fiscal policy issues.

Investigation into national security vetting

The failure of the UK’s security vetting provider to process applications on time has the potential to affect the government’s ability to conduct official business, including high-risk and high-profile projects, according to an investigation by the National Audit Office. This comes at a time when threats to the UK are considered to have increased in scale, diversity, and complexity.