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
Time for Reeves to recognise reality: AstraZeneca has killed stamp duty on shares Shareholder-backed plans to upgrade US listing have exposed multiple flaws in tax that should be abolished or at least cut
Telegraph bidder reported for potential breach of editorial independence rules UK government alerted after RedBird Capital’s boss allegedly threatened to ‘go to war’ with the title’s newsroom
David Gow obituary Journalist, gifted linguist and European business editor of the Guardian who was dismayed by Brexit
What would UK economic policy look like under Nigel Farage’s Reform? Leader’s speech offered most detailed explanation yet on party’s priorities on tax cuts, benefits, wages and pensions