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The Latest Breaking News from Deficit

The 10 Worst Republican Budget Gimmicks

A guide to the gaslighting of voters.

Reason

Government deficit rose 4% in Trump's first full month in office, despite DOGE. UBS says the U.S. is slashing confidence, not spending

While the government did cut its outlays in February, the budget deficit for the month more than doubled compared to January due to a drop in income.

Fortune

University of Dundee job losses should be ‘wake-up call’, Swinney told

The university announced on Tuesday it plans to cut 632 jobs as it bids to plug a £35 million deficit.

Evening Standard

From analysis to the latest developments in health,
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Is Tottenham vs AZ Alkmaar on TV? Kick-off time, channel and how to watch Europa League fixture

Tottenham are under pressure to overturn a first-leg deficit and get their quest for silverware back on track

The Independent UK

Swinney voices concern at ‘extreme situation’ at University of Dundee

The First Minister’s comments come a day after the university said it will cut more than 600 jobs as it bids to tackle a £35 million deficit.

Evening Standard

Dundee University faces ‘hammer blow’ amid plans to cut 635 jobs

Interim principal says drastic measures needed to tackle £35m shortfall in day-to-day spending

The Guardian - UK

More than 600 jobs face axe at University of Dundee to tackle £35m deficit

The University and College Union described the news as a ‘hammer blow’ for staff.

Evening Standard

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High Point Overcomes Big Deficit in Title Game to Book First Trip to NCAA Tournament

The Big South team trailed by as many as 15 points in Sunday's championship game.

Sports Illustrated

Calum Hill Overturns Eight-Shot Deficit To Win Joburg Open In Playoff After Rollercoaster Final Day

Hill triumphed in a three-man playoff against Jacques Kruyswijk and Shaun Norris after carding a final-round 62 to lift his second DP World Tour title

Golf Monthly

Tottenham star delivers squad verdict on Ange Postecoglou after AZ Alkmaar defeat

Spurs boss is under pressure to overturn 1-0 deficit in crucial Europa League last-16 clash

Evening Standard

US Trade Gap Hits New Record In January As Tariff Fears Loomed

The US trade deficit surged to a new record in January, government data showed Thursday, as imports spiked while tariff worries flared in the month of President Donald Trump's inauguration.

International Business Times

President Trump To Emphasize Tariffs And Country's Progress In Speech

Jason Miller, senior adviser to President Trump, announced plans to emphasize tariffs as a strategy to address trade deficits and improve economic conditio...

Top News

Ministers plan major changes to Send education in England

White paper being prepared as councils hope for relief from huge deficits in special educational needs budgets

The Guardian - UK

Almost half of England’s councils ‘could face bankruptcy over £4.6bn deficit’

Damning National Audit Office report says action is needed to address deficit accumulated under Tory-era policy

The Guardian - UK

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The Guardian - UK

University of Edinburgh warns of staff cuts as it faces £140m financial deficit

Vice-chancellor says large-scale savings are needed but union says university should instead use its wealth

The Conversation

Why Donald Trump is a relentless bullshitter

There have been many questions raised about the intentions behind Donald Trump’s spate of radical public statements about Canada, in which he claims trade deficits amount to subsidies, massive amounts of fentanyl are flowing across the border and the country should become the 51st American state, among other things.

Reason

The House GOP Budget Blueprint Promises More Borrowing, More Debt, and Not Enough Spending Cuts

"If the Republican budget passes, the deficit gets worse, not better," says Rep. Thomas Massie. He's right.

Al Jazeera

How the US spends taxpayer money as Musk-led DOGE seeks cuts

Raising taxes could help reduce deficit, but Trump’s tax cut pledge will make Musk’s aim to slash $1 trillion difficult.

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The National (Scotland)

Scottish university to face 15 days of strike action over job cuts and £30m deficit

Lecturers and other staff at the University of Dundee are beginning 15 days of strike action over a potential £30 million deficit and the threat of…

The Guardian - UK

Forensic science centre that inspired BBC show Traces at risk of closure

All 24 jobs at Dundee University’s Leverhulme research centre could be axed because of £30m budget deficit

International Business Times

Well-off Hong Kong Daunted By Record Deficits

Hong Kong is facing its toughest fiscal test in three decades following a painful run of mammoth deficits, with experts urging the government to make careful cuts as the economy wobbles.

The Times of India

Arsenal title bid rocked by West Ham, Manchester United rescue Everton draw

NEW DELHI: West Ham's unexpected 1-0 victory over the 10-man Gunners dealt a serious damage to Arsenal's hopes of winning the Premier League, while struggling Manchester United overcame a two-goal deficit to draw 2-2 at Everton on Saturday.

The Conversation

Will Trump’s tariffs boost the US economy? Don’t count on it

It’s hard to keep up with all the tariff announcements coming out of Washington. On February 1, the US president, Donald Trump, announced the introduction of 25% tariffs on most imported goods from Canada and Mexico, and an additional 10% levy on goods from China. The tariffs against Canada and…

The Independent UK

Japan's exports and imports grew in January, as tariff worries loom

Japan has recorded a trade deficit of 2.76 trillion yen, or $18 billion, in January, as worries continue to grow about impending tariffs from the administration of U.S. President Donald Trump

The Conversation

Trump’s lurking assault on Canada rests on endless lies and irrational populism

United States President Donald Trump has temporarily put his trade war against Canada and Mexico on hold after vowing to slap 25 per cent tariffs on most Canadian and Mexican imports, although he’s imposed tariffs on all steel and aluminum, including from Canada.

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