| UK budget: Reeves must be more ambitious on long-term issues |
| By Nikhil Sanghani |
| Chancellor of the Exchequer Rachel Reeves’ first budget raises questions about whether fresh tax rises will be enough to stabilise the UK’s public finances, while potentially hampering the government’s goal of becoming the fastest growing G7 economy. Amid the debate about tax changes, there is also an important tweak to the fiscal framework to carve out more space for capital expenditure for the long term. Read the full commentary → |
Risks to dollar from policy inaction at home and shift to unilateralism abroad
By Steven Kamin and Mark Sobel
The dominance of the dollar in the global financial system is not going away soon. But if it does, the currency’s loss of preeminence in world markets will be the very least of the US’s problems.
MEETINGS
Technology and payment services – the view from the regulator
Wednesday 6 November, Roundtable
Dan Moore, head of strategy, intelligence and engagement of the Payment Systems Regulator, joins OMFIF to explore how technology is changing the financial services and payments industry and how policy should evolve to support competition and innovation.
ON DEMAND
Absa Africa Financial Markets Index 2024 launch
This year’s report takes a deeper look at emerging themes reshaping Africa’s financial landscape. This includes financial product diversity, the advancement of environmental, social and governance frameworks and the accelerating adoption of digital technologies.
LATEST REPORT
The future of public money
This report outlines the need for an urgent rethink of how public spending is framed, conducted and evaluated to ensure governments can meet growing societal demands while improving the sustainability of public finances.
