L.A. budget shortfall close to $1 billion; layoffs ‘nearly inevitable’
L.A.’s financial problems exploded into a full-blown crisis on Wednesday, with the city’s top budget official announcing that next year’s shortfall is now just shy…
London Stadium costing taxpayer £1MILLION A WEEK to maintain with West Ham’s rent so low it leaves huge shortfall
THE London Stadium cost the taxpayer more than £50million last year — according to the firm that runs the Olympic landmark.E20 LLP, the company that…
Blow for renters on Universal Credit as key benefit rate FROZEN – with thousands facing £3,129 shortfall
OVER one million private renters on Universal Credit will see the help they get with payments frozen next year.Local Housing Allowance (LHA) rates will remain at their current…
Rachel Reeves expected to reveal public finance shortfall of billions
Chancellor Rachel Reeves has confirmed she will reveal a Treasury audit of public spending pressures inherited by the new government, which could see claims of…
Can California control its boom-and-bust budget?
California has until Saturday to balance a budget that is billions of dollars out of whack, and not in a good way. Ambitious, worthy programs…
Environmentalists push bond amid California budget shortfall
Dozens of environmental groups, renewable energy companies, labor unions, water agencies and social justice advocates are lobbying state lawmakers to place a multibillion dollar climate…
Newsom, lawmakers detail first California budget cuts of $17 billion
California Gov. Gavin Newsom and leaders of the state Senate and Assembly announced an agreement Thursday to cut $17 billion from the state budget in…
Blue gum research focuses on engineered timber, fast-tracking plantations to bolster construction shortfall
In short: Demand for pine in the construction industry could see Australia run out of homegrown timber in the next 10 years.The WA government has earmarked…