Labour's £10 Billion Crisis Bill Just the First Fiscal Challenge [Financial Post (Toronto, Ontario, Canada)]
Citigroup, Inc. (C)
Last citigroup, inc. earnings: 4/15 08:00 am
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Source: Financial Post
First it needs to find the money. Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Britain's Labour Party is back in government for the first time since 2010 and has promised to hit the ground running with its plan to fix the economy. First it needs to find the money. On some problems, incoming Prime Minister Keir Starmer may try to play for time by pushing out big decisions to next year. But many crises are so acute there'll be no choice but to tackle them immediately. In particular, a series of tricky short-term decisions await on public sector pay, fuel duties, and healthcare and prison funding. Article content Resolving those would cost as much as £10 billion, official forecasts and think tank calculations show. Fixing the public services long-term will need another £20 billion or more, according to the International Monetary Fund. The question is how new Chancellor of the Exchequer Rache
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C
Earnings
- 7/12/24 - Beat
C
Sec Filings
- 10/4/24 - Form 424B2
- 10/4/24 - Form 424B2
- 10/4/24 - Form 424B2
- C's page on the SEC website