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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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  • Australia’s inflation rate rises to 4.3%, fuelling fears of fifth interest rate hike this year
  • Plan for multibillion-pound Sizewell nuclear plant a ‘terrible deal’ for UK taxpayers, MPs say
  • Chancellor targets cost of living crisis in budget for a ‘difficult moment’
  • Alexander brothers each sentenced to 30 years for drugging and raping dozens of women
  • San Francisco estate sells for record $10m above listing price as AI boom drives up costs
  • Rosebank oilfield would not breach UK emission targets, say government insiders
  • Budget 2026: six charts that reveal the economic realities facing the chancellor
  • The chancellor’s pet PuFins have an important role – but they need more scrutiny
  • Homes across UK to get low- or no-interest loans to fund solar panels and heat pumps
  • Britain issues costliest five-year debt since 2008 in run-up to budget – as it happened
  • Bottled water and tinned food sales surge after UK government issues emergency stockpile advice
  • UK government to give £15m to anti-misogyny fund amid ‘manosphere’ concerns
  • UK spending on ‘fairytale’ carbon capture tech is a national embarrassment, chancellor told
  • The survival of American democracy depends on taxing billionaires
  • HSBC says ‘no pressure’ to move HQ out of UK despite prospect of higher bank taxes
  • ‘My social life completely plummeted’: gen Z is fighting back against big tech
  • Number of UK businesses in financial distress ‘at two-decade high’
  • Burnham in danger of sleepwalking into climate disaster, say campaigners
  • My advice for Burnham’s first budget? Hit the banks – and hit them hard
  • Four takeaways from Anthropic’s potentially record-breaking stock market filing
  • Chinese markets lose trillions as race for AI supremacy with US takes its toll
  • UK shop price inflation ‘highest since 2024’ as retailers struggle to limit price rises
  • Meta plans $95bn stock offering to help cover AI expansion
  • The chaos in France is a ‘warning signal’ for Australia’s public spending and rising costs
  • Massachusetts lesbian bar makes frantic effort to find new owners after relaxing masking policy
  • iPhone Duo owners report cracks in Apple’s first foldable handset
  • Microsoft to reportedly offer buyouts to 60,000 employees in latest cuts
  • No 10 plays down UK joining EU single market after Burnham suggests referendum would be needed – as it happened
  • What the claw arcade game tells us about the cost of living crisis
  • Anthropic files for potentially record-breaking stock market valuation in key test for AI industry

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