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People in the US: how are your holiday shopping plans being affected by Trump’s tariffs and the cost of living?

We want to hear from people in the US about how Donald Trump’s economic policies may be affecting their plans for holiday shopping

Rachel Reeves plans £7.5bn tax rise in budget after U-turn on income tax rates

Chancellor expected to freeze level at which people start paying income tax for two years rather than putting rates up

Reeves’s plan to ditch income tax rise prompts government bond sell-off

Switch in budget plan causes cost of UK government borrowing to rise by the most in a single day since early July

Reeves’s tax U-turn: how Labour changed course on budget plans

Chancellor spent weeks preparing the ground for breaking manifesto pledge but events this week appeared to change her mind

Treasury won’t cut threshold for higher rate income tax, say sources – UK politics live

Fallout continues over budget income tax U-turn, with Treasury saying expected fiscal gap has dropped to £20bn

What are Rachel Reeves’s options after U-turn on income tax rates?

From freeze on income tax thresholds to reforming capital gains tax, we look at how much the alternatives could raise

‘We’re sick of being the story’: what next for the Telegraph after takeover collapses?

Media group’s future is again in limbo – and it faces questions over the asking price as well as regulatory hurdles

US markets struggle amid tech sell-off and economic uncertainty

Wall Street endured its worst day in a month on Thursday as fears that tech companies are now overvalued loom large

Thames Water tried to make MP pay its legal fees of up to £1,400 an hour

Exclusive: Charlie Maynard accuses the utility of ‘retaliation’ over his push for government to gain control of company

Pound falls and UK borrowing costs rise as Reeves ditches plans for income tax hike – as it happened

Jitters over the UK’s autumn budget grow as chancellor Rachel Reeves abandons plans to raise income tax on 26 November

Walmart CEO Doug McMillon to step down after more than a decade in role

John Furner, the retail chain’s boss in the US, will succeed McMillion as global CEO after 31 January

Carney’s ‘nation-building’ programme misses mark to be truly transformative for Canada

The $C56bn plan focused on investing in a resource economy falls short of changing Canadians’ day-to-day lives

‘Red cup rebellion’: striking Starbucks baristas urge customers to stay away

In Brooklyn, workers walked off the job in search of fair pay and conditions – and said many customers were in support

Jaguar Land Rover slides to loss of almost £500m after cyber-attack

Carmaker reports £196m of exceptional direct costs in addressing hack as it returns to full output

RedBird Capital drops £500m Telegraph takeover bid

US private equity group’s deal collapses amid newsroom criticism and threat of regulator intervention

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  • UK house prices stagnated in November; Ocado to get $350m after robotic warehouse cancellations – business live
  • UK first-time buyers in best position to snap up property in a decade, data shows
  • Netflix becomes frontrunner in Warner Bros Discovery streaming and studio sale
  • Christmas parcels: the best ways to send them in the UK – and the last posting dates
  • Friday briefing: After ​constant leak​s and ​a resignation​, is the OBR ​still ​fit for ​purpose?
  • Labour MP’s video explaining UK debt with biscuits racks up 3.3m views
  • Regulators to announce plans to bolster mutuals after Labour vows to double £223bn sector
  • 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

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