Rachel Reeves says tax rises and spending cuts on budget agenda, citing Brexit impact Chancellor also blames austerity and ‘ongoing impact of Liz Truss mini-budget’ for growing shortfall in public finances
Capita fined £14m for data protection failings in 2023 cyber-attack Hackers stole personal information of 6.6m people but outsourcing firm did not shut device targeted for 58 hours
Trump threatens vulnerable countries before key shipping emissions vote American officials have threatened supporters of measure to reduce emissions with tariffs and other retaliatory action
Driverless taxis from Waymo will be on London’s roads next year, US firm announces Cars with human safety drivers set to appear in 2026 but black-cab drivers dismiss service as ‘fairground ride’
Vets could be made to cap prescription prices after UK watchdog investigation Market ‘not fit’ for purpose, CMA says, as it proposes shake-up including publishing treatment costs
A quiet bite in: Charlie Bigham launches £29.95 ready meals for home diners Supermarket supplier says new pricier range is still cheaper than bill for a night out at a restaurant
The Guardian view on the IMF’s warning: Britain’s economy runs hot for profits, cold for pay Editorial: Labour is misreading the economics – leaving it unable to deal with the G7’s worst inflation and flat living standard
JP Morgan boss says more ‘cockroaches’ will emerge after private credit sector failures Jamie Dimon expects further weak links in ‘shadow banking’ sector to be revealed after collapse of two US firms
US and UK put sanctions on alleged Cambodia cyber-scammers and seize $15bn in bitcoin People trafficking among allegations against six people who face measures including property freezes and travel bans
UK faces highest inflation in G7 this year and next, IMF warns According to fund’s World Economic Outlook, Britain is on course to average 3.4% this year and 2.5% in 2026
Ed Miliband approves UK’s biggest solar farm at Lincolnshire site Tillbridge solar farm will be built in county where Reform UK’s anti-renewables agenda has rising support
UK economy at risk of ‘bumpy landing’; JP Morgan’s Dimon warns of ‘more cockroaches’ after collapse of First Brands and Tricolor – as it happened Rolling coverage of the latest economic and financial news
US raised concerns about Chinese boss of chipmaker before Dutch takeover Court papers show Netherlands was warned in June that Nexperia might not be able to export to US with him in post
US shares risk ‘sharp correction’ but markets seem complacent, IMF warns Government bond markets also under increasing pressure, says Global Financial Stability Report
World economy resilient amid Trump tariffs but outlook looks ‘dim’, says IMF UK and global GDP growth forecasts upgraded for this year but immigration controls could have negative impact