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Reeves aims to prepare voters and markets for possible budget tax rises

Speech attempts to take back narrative with talk of ‘years of economic mismanagement’, Brexit and tariffs

Elon Musk’s $1tn Tesla pay deal to be rejected by huge Norway wealth fund

Carmaker’s seventh biggest single investor will vote against package at annual shareholder meeting

Firms not supporting staff through IVF could lose £217m in hidden costs, study shows

Cost of sick leave for appointments, productivity loss and resignations is more than of paid leave, research estimates

BP signals more cost cuts on way after fall in profits

Oil and gas company says it will review its portfolio and push to sell off assets faster

Rachel Reeves refuses to rule out tax rises as autumn budget looms

Chancellor says she needs to respond to challenges in speech intended to frame tough choices UK faces

Ofwat letting water firms charge twice to tackle sewage, court to hear

River Action bringing legal action against water regulator over who should foot bill for firms’ past failures to invest

Reeves to lay groundwork for tax rises in ‘candid’ speech about budget

Chancellor to promise ‘fairness and opportunity’ but will not repeat manifesto pledge on tax, after PM’s hint at breach

John Lewis ad kickstarts Christmas countdown to the tune of 90s club classic

Department store chain banks on nostalgia to get customers into festive mood with Where Love Lives

More than $70tn of inherited wealth over next decade will widen inequality, economists warn

Expert panel says report on gap in global wealth between rich and poor highlights need for intervention by G20

The Guardian view on Britain’s new class divide: the professional middle is being hollowed out

Editorial: A micro-elite in finance and tech hoovers up talent while-white collar jobs lose their lustre. A society that rewards proximity to capital over contribution risks rupture

Canada’s Liberal party says budget of ‘sacrifice’ needed to avoid recession

Country set to unveil PM Mark Carney’s spending plan as it battles trade war with US and protracted cost of living crisis

OpenAI signs $38bn cloud computing deal with Amazon

Agreement to use AWS datacentres, and Nvidia chips inside them, part of $1.4tn spending spree on AI infrastructure

City watchdog ‘nakedly’ siding with lenders on car finance redress, MPs say

Cross-party group says Financial Conduct Authority had been ‘patently influenced’ by concerns over profits

UK politics: MPs spar over response to Cambridgeshire train attack – as it happened

Lib Dem spokesperson says Reform ‘trying to exploit incident for political gain’ and shadow home secretary’s remarks are ‘beneath contempt’

Outrage in Paris as Shein prepares to open its first permanent store

Fast-fashion retailer faces political anger, fury from workers and warnings it will damage city’s progressive image

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  • Canadian dollar dips after US-Canada talks collapse into trade war; oil prices fall ahead of US sanctions on Iran – business live
  • UK graduate job vacancies plunge to lowest in a decade
  • New Fed chair faces critical test at Jackson Hole as inflation fears mount
  • UK productivity growing faster than official figures suggest, thinktank finds
  • Government vows to make business rate valuations for pubs and hotels fairer
  • ‘No more!!!’: Trump lashes out after US-Canada talks devolve into trade war
  • The lesson from Canada’s collapsed trade talks with the US: negotiation may be futile
  • CrossCountry cancels almost all rail services after power cut hits control centre
  • Is there a pending AI ‘debt bomb’ crisis? No. This isn’t Enron 2.0
  • 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
  • Drill, Burnham, drill? The oil basin that is a totem for Trump – and a headache for Britain’s new PM
  • ‘Penchant for bling’: can Sports Direct’s Mike Ashley take a bigger slice of luxury retail?
  • Diamonds for sale: lab-grown gem auctions are all over TikTok right now, but some aren’t happy about it
  • ‘It brings me joy’: how young people are making CDs cool again
  • Unions worry Labour’s plan for zero-hours contracts may break manifesto pledge
  • Hook, hold, harvest and hide: Meta’s alleged strategy laid out in first week of landmark trial
  • I’m known as The Black Farmer because there are so few of us in the UK. It’s one of the ways farming must change
  • ‘The worst part is the guilt’: the owners who fear dog food caused pets’ eye problems
  • Premium bonds: more chance of win as NS&I ups prize fund rate again
  • Home comforts: can remote work be better for the environment?
  • 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

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