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