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'Years more spending cuts to come'

2015-06-11 15:26:39| BBC News | Business | UK Edition

Further cuts to government spending will be needed beyond this parliament in order to bring the national debt under control, the Office for Budget Responsibility (OBR) has warned.

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Canadian Natural cuts $2.4 billion from 2015 capital spending plan, slow growth

2015-01-12 15:01:54| Energy - Topix.net

Canadian Natural Resources Ltd. says it's reducing its 2015 capital spending plan by $2.4 billion or nearly 30 per cent as a result of low oil prices, which have dropped dramatically since CNRL's original plan was announced in November. Canadian Natural says it will defer about $470 million of spending for the Kirby oilsands project and reduce drilling at its North American and international conventional oil and gas operations.

Tags: plan natural capital growth

 
 

Canadian Natural cuts $2.4 billion from 2015 capital spending plan, slow growth

2015-01-12 14:57:53| Oil & Gas - Topix.net

Canadian Natural Resources Ltd. says it's reducing its 2015 capital spending plan by $2.4 billion or nearly 30 per cent as a result of low oil prices, which have dropped dramatically since CNRL's original plan was announced in November. Canadian Natural says it will defer about $470 million of spending for the Kirby oilsands project and reduce drilling at its North American and international conventional oil and gas operations.

Tags: plan natural capital growth

 

IDC cuts IT spending forecast on mobile slump, emerging market uncertainty

2014-05-19 13:29:45| InfoWorld: Top News

A slowdown in the growth rate for tablet and mobile phone sales and economic uncertainty in emerging markets are putting a damper on global IT spending, according to IDC. Worldwide IT spending will increase 4.1 percent in constant currency this year, to $3.7 trillion IDC said Friday. That's down from last year's 4.5 percent growth and from IDC's prior forecast of 4.6 percent growth.

Tags: market mobile spending emerging

 

Budget spending cuts questioned

2014-03-20 14:14:42| BBC News | Business | UK Edition

The Institute for Fiscal Studies questions how spending cuts will pay for the "biggest shakeup in the tax treatment of private pensions'

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