• About
  • Advertise
  • Privacy & Policy
  • Contact
HK Businesswire
  • Home
  • News
    • All
    • Business
    • Politics
    • PR Newswire
    • Science
    • World

    Hong Kong’s 5-year plan sees over 2,500 submissions

    Ride-hailing permit grants ‘to be fair, transparent’

    Agoda Marks 11th Tech Camp Day with Agentic AI Focus

    Agoda Marks 11th Tech Camp Day with Agentic AI Focus

    Global Times: Facing the questions of the AI era, the world looks to China for solutions

    Global Times: China sends fresh signal on global AI cooperation at WAIC

    Global Times: Head-of-state diplomacy shines at WAIC, fostering ties and advancing global governance consensus

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • PR Newswire
  • Business
  • World
  • Entertainment
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup

    Alipay Launches AI-Powered Version ‘Abao’ to Streamline Services

    Xiaohongshu Prepares Confidential Hong Kong IPO Filing

    SpaceX Raises $75 Billion in Historic IPO Amid $350 Billion Investor Demand

    Chinese firms double down on tech: Xiaomi, Haier

    Xiaomi Launches MiMo Code AI Programming Assistant to Enter Coding Agent Market

    Apple Unveils Overhauled Siri AI and Major OS Updates at WWDC 2026

    OpenAI launches AI browser Atlas

    OpenAI Files Confidentially for IPO Amid Intensifying AI Competition

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Feature
No Result
View All Result
  • Home
  • News
    • All
    • Business
    • Politics
    • PR Newswire
    • Science
    • World

    Hong Kong’s 5-year plan sees over 2,500 submissions

    Ride-hailing permit grants ‘to be fair, transparent’

    Agoda Marks 11th Tech Camp Day with Agentic AI Focus

    Agoda Marks 11th Tech Camp Day with Agentic AI Focus

    Global Times: Facing the questions of the AI era, the world looks to China for solutions

    Global Times: China sends fresh signal on global AI cooperation at WAIC

    Global Times: Head-of-state diplomacy shines at WAIC, fostering ties and advancing global governance consensus

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • PR Newswire
  • Business
  • World
  • Entertainment
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup

    Alipay Launches AI-Powered Version ‘Abao’ to Streamline Services

    Xiaohongshu Prepares Confidential Hong Kong IPO Filing

    SpaceX Raises $75 Billion in Historic IPO Amid $350 Billion Investor Demand

    Chinese firms double down on tech: Xiaomi, Haier

    Xiaomi Launches MiMo Code AI Programming Assistant to Enter Coding Agent Market

    Apple Unveils Overhauled Siri AI and Major OS Updates at WWDC 2026

    OpenAI launches AI browser Atlas

    OpenAI Files Confidentially for IPO Amid Intensifying AI Competition

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Feature
No Result
View All Result
HK Businesswire
No Result
View All Result
Home News Business

UK to announce more cuts in budget update

Xenia. W by Xenia. W
22 March 2025
in Business, News
0
UK to announce more cuts in budget update
0
SHARES
11
VIEWS
Share on FacebookShare on Twitter
British finance minister Rachel Reeves is eyeing spending cuts for government officials who work in departments to the value of around 1.5 billion pounds (US$1.94 billion) a year by 2028-29, The Times newspaper reported on Saturday.

Reeves will likely announce belt-tightening measures to get back on track to meet her fiscal rules next Wednesday when she delivers a half-yearly budget update speech alongside fresh economic and public finance forecasts from Britain’s fiscal watchdog.

She is expected to reduce the administration budgets for the civil service by 10 percent, saving around 1.5 billion pounds a year by the end of parliament, The Times said.

The move could put thousands of jobs at risk and covers back office jobs, including in communications and policy, and human resources, but will likely exclude frontline service roles such as the border force and prisons. (Reuters)

Tags: BusinessFinance
Xenia. W

Xenia. W

Xenia is a Hong Kong–based writer and content creator focusing on financial markets, policy and the city’s evolving economic landscape. With over ten years of experience in higher education and tourism‑related projects, she specialises in transforming complex information into clear, reader‑friendly insights for both professional and general audiences. ​ Drawing on a background in bilingual Chinese–English translation and editing, Xenia writes across topics including Hong Kong and US stocks, market structure, macro trends and how policy shifts affect everyday investors.

Read More

Kai Tak tests seen as way to go in Huanggang opening

18 July 2026

Trump to pile tariff woe on Canada over wildfire smoke

18 July 2026
  • Trending
  • Comments
  • Latest
CyberLogitec Wins Smart Terminal Project at TTIA in Europe, Delivering TOS and Digital Twin Solutions

CyberLogitec Wins Smart Terminal Project at TTIA in Europe, Delivering TOS and Digital Twin Solutions

14 July 2026
Subsidised housing ballots drawn

Subsidised housing ballots drawn

10 July 2026
Xiao Noodles Posts Maiden Annual Results: Revenue and Net Profit Jump in 2025 as ESG Efforts Drive Long-Term Value

Xiao Noodles Posts Maiden Annual Results: Revenue and Net Profit Jump in 2025 as ESG Efforts Drive Long-Term Value

29 April 2026

HBO Max Restores Traditional Chinese Subtitles in Hong Kong After User Backlash

31 January 2026

Hong Kong’s 5-year plan sees over 2,500 submissions

18 July 2026

Ride-hailing permit grants ‘to be fair, transparent’

18 July 2026
Agoda Marks 11th Tech Camp Day with Agentic AI Focus

Agoda Marks 11th Tech Camp Day with Agentic AI Focus

18 July 2026

Global Times: Facing the questions of the AI era, the world looks to China for solutions

18 July 2026

Recent News

Hong Kong’s 5-year plan sees over 2,500 submissions

18 July 2026

Ride-hailing permit grants ‘to be fair, transparent’

18 July 2026
Agoda Marks 11th Tech Camp Day with Agentic AI Focus

Agoda Marks 11th Tech Camp Day with Agentic AI Focus

18 July 2026

Global Times: Facing the questions of the AI era, the world looks to China for solutions

18 July 2026
HK Businesswire

Stay ahead with the latest insights on Hong Kong’s economy, finance, and investments. From market trends to policy updates, we bring you in-depth analysis and expert opinions.

📩 Subscribe to our newsletter for exclusive updates.
📍 Follow us on social media for real-time news.
📧 Contact us: info@hongkong-invest.com

Follow Us

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 by HKBusinesswire.com

No Result
View All Result

© 2025 by HKBusinesswire.com