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Will pay-per-mile raise Reeves money or drive people away from electric vehicles?

Need for new road taxes is clear – but there are concerns that pricing plan could stall transition away from petrol

Voters could abandon centrist parties if budget fails, warns former cabinet secretary

Simon Case says voters will look elsewhere if chancellor cannot find solutions to tax, spending and debt problems

Hospitals and clinics are shutting down due to Trump’s healthcare cuts. Here’s where

From Georgia to Oregon, clinics and wards are closing as Trump’s health law triggers steep Medicaid cuts and rising costs

Falling stock markets and high shop prices hit US consumer confidence; rate cut hopes lift Wall Street – as it happened

Rolling coverage of the latest economic and financial news

US data agency cancels October inflation report as Fed considers whether to cut rates

Bureau of Labor Statistics canceled release of October’s consumer price index, citing the government shutdown

Europe’s economy is geared towards a disappearing world, says ECB’s Lagarde

Central bank chief warns that the bloc’s dependence on third countries for trade and security has left it vulnerable

UK government borrows more than expected in setback before budget

October figures represent final snapshot of public finances before Rachel Reeves’s tax and spending statement

Wetherspoons to open first pub in Spain – offering garlic prawns and beer from 6am

Opening in Alicante airport is the chain’s first move into mainland Europe, and will offer outdoor drinking

Households in Great Britain face surprise rise in energy bills from January

Energy price cap for average dual fuel bill will increase to £1,758 a year, from £1,755 in the current quarter

Rachel Reeves sick of people ‘mansplaining’ how to be chancellor

As she prepares to deliver her budget next week, Reeves speaks of pressure of being UK’s first female chancellor

Asos turns to AI stylists to win back shoppers after sales slide 12%

Online fashion retailer says action to cut discounts and deter ‘serial returners’ contributed to fall in sales

Leading law firm cuts London back-office staff as it embraces AI

Clifford Chance makes about 50 roles redundant, and PwC indicates that AI may lead to fewer hirings

UK retail sales drop unexpectedly as shoppers await Black Friday and budget

Supermarkets, clothing stores and online mail order firms suffer sales declines as consumers delay purchases

AI bubble fears return as Wall Street falls back from short-lived rally

Leading US stock markets tumble less than 24 hours after strong results from chipmaker Nvidia sparked gains

‘Devastating to think of lives that could have been saved under different PM’, say Covid bereaved – as it happened

Findings of inquiry into handling of pandemic by Boris Johnson’s government paint picture of delay and inaction

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  • Skipton in Yorkshire named happiest place to live in Great Britain
  • ‘Tough market conditions’ hit UK half-year retail sales at Frasers Group
  • Versace creative director leaves shortly after fashion house’s $1.4bn sale to Prada
  • Dryrobe wins trademark case against rival waterproof changing coat D-Robe
  • Budget uncertainty triggers plunge in UK construction activity; Trustpilot shares slump after short-seller claims – as it happened
  • Rachel Reeves will not be investigated over pre-budget briefing, FCA says
  • What has gone wrong at Zipcar – and is UK car-sharing market dead?
  • Crypto investor gives £9m to Reform UK as donations exceed those to Tories
  • UK’s small brewers call for chancellor to think again on business rates
  • Water plant that caused Tunbridge Wells supply failure was given risk notice in 2024
  • Record numbers becoming billionaires through inheritance, UBS report finds
  • Fossil-fuel billionaires bought up millions of shares after meeting with top Trump officials
  • Households face higher energy bills as £28bn grid upgrade gets go-ahead
  • ‘People had forgotten about it’: onboard the 7am Manchester-London train service saved from axe
  • Refinancing is delayed at Thames Water. If Ofwat is playing hard, it should keep going
  • ‘I’m rapt!’: meatball chants but no mania as New Zealand assembles for first Ikea store
  • Advertising giant WPP relegated from FTSE 100 after nearly 30 years
  • Post Office avoids fine over leak of wrongfully convicted operators’ names
  • EU looks at legally forcing industries to reduce purchases from China
  • Historic Smithfield and Billingsgate markets find new home in Docklands
  • HSBC has a new chair but the succession process should have been slicker
  • UK using more wood to make electricity than ever, Drax figures show
  • Thames Water profits surge on higher bills; Prada buys Versace for $1.4bn – as it happened
  • Design boss behind new Jaguar leaves JLR weeks after change of CEO
  • Help to cut baby formula costs could save parents up to £500, Starmer says
  • HSBC appoints interim chair Brendan Nelson to permanent role
  • Thames Water faces collapse as crisis talks take ‘longer than expected’
  • There are two big drivers of Australia’s economic growth – but shape matters as much as size
  • UK temporary workers: tell us have you received less holiday pay than you are due?
  • ‘The Mamdani effect’: wealthy New Yorkers show renewed interest in Miami’s Billionaire’s Beach

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