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Subcategory / Daily archive

Tax news — October 12, 2026

Publications tagged with Tax published on October 12, 2026 (UTC). This is a fixed calendar-day archive.

2 publications

Business Budget Tax
Oct 12, 2026, 06:54 UTC
Labour's Chancellor Faces £35 Billion Shortfall in Maiden Budget
John Healey, the UK Chancellor of the Exchequer, is set to face a significant financial challenge in his first budget, with the Institute for Fiscal Studies warning that he must find £35 billion ($46 billion) to meet the Labour government's spending ambitions. This shortfall is primarily due to the impact of inflation on public services and a pledge to increase defense spending.
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U.S.Budget Tax Trade
Oct 12, 2026, 04:21 UTC
U.S. Economic Calendar: Key Inflation, Retail Sales, and Jobless Claims Data Awaited
The U.S. economic calendar for October 12–16, 2026, is packed with crucial data releases, including inflation indicators (CPI, PPI), retail sales, jobless claims, and industrial production. The Federal Reserve's Beige Book update and earnings reports from major banks also highlight the week. Markets will closely watch these events to gauge economic health and potential Fed policy adjustments.
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