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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

Reeves urged to ‘grasp the nettle’ with wholesale reset of council tax

Experts say chancellor should go further than rumoured plan to update value of homes in top three bands

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  • The PM is promising to fix our everyday annoyances – and I have a list to get him started
  • Jumpy bond markets make it clear: Trump risks driving US into debt crisis
  • ‘The line’s running half-empty’: Llanwern steelworks feels the heat from cheap steel imports
  • ‘Pretty shambolic’: new EU border checks cause stress for UK travellers
  • UK orders reviews of franchising sector after Vodafone allegations
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  • Unions worry Labour’s plan for zero-hours contracts may break manifesto pledge
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  • Quarter of branded baby foods in UK still have too much sugar, analysis finds
  • What does Tyson’s shutdown of two US beef plants mean for grocery costs?
  • JD Vance reportedly mocks Carney for trying to ‘out-tough’ Trump on trade
  • Neutrogena responds to criticism over how brand deal with Hayden Panettiere ended
  • Gold and bitcoin surge after US bond market selloff; UK economy on ‘firmer footing’ – as it happened
  • Airbus bows to remote working demands after series of strikes
  • Jamie and Jools Oliver pay themselves £1.5m dividend as profits almost halve
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  • Retail sales in Great Britain fall despite heatwave increasing food and drink demand
  • Cut cost of loans for solar panels on UK homes, ministers urged
  • UK reports unexpected deficit of £1.8bn as John Healey prepares for first budget

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