Reeves’s £50bn problem solved: stop splashing it in pension tax relief Older people would save anyway if state support was more limited, and overhaul of council tax would net billions more
Canada’s Mark Carney signals austerity measures as government shifts focus from Trump to economy Prime minister cautions Canadians as Ottawa moves to curb spending to balance near-record military expenditures
UK businesses cut jobs at fastest pace in four years over summer, Bank of England finds Companies say increase in employer national insurance contributions has forced them to cut jobs and raise prices
Hugh Corbet obituary Other lives: Economist who created the London-based Trade Policy Research Centre and was committed to promoting free trade
Scrap two-child benefit cap to help lift 4m people out of poverty, government urged Exclusive: Cross-party Poverty Strategy Commission says abolishing limit would be part of its ‘once in a generation’ plan
Farage a ‘Putin-loving, free speech impostor’ says Democrat before Reform head’s US speech – UK politics as it happened Jamie Raskin says Farage is ‘a Trump sycophant’ before UK politician addresses the House judiciary committee in Washington
The Guardian view on fiscal rules and financial myths: Britain must stop fearing imaginary bond vigilantes Editorial: Liz Truss fell not for borrowing, but for incompetence. Rachel Reeves mustn’t repeat the mistake with rules markets don’t demand
Rachel Reeves’s autumn budget will take place on 26 November As the later-than-usual date is set, chancellor insists the economy ‘isn’t broken’ but ‘isn’t working well enough’
UK hit by fresh sell-off in government bond markets as pound weakens Yield on 30-year gilts hit highest level since 1998, indicating it will cost UK more to borrow from markets
Rising bond yields leave Reeves with no choice but to plan a ‘muddle-through’ budget Despite predictions of a 1970s-style budget crisis, analysts point out similar rises are taking place in other markets
France has a massive debt crisis. So why is it spending billions a year subsidising business? The government is on the brink of collapse over planned austerity. Instead it must face up to the costs of its unnecessarily rigid labour market, says Guardian Europe columnist Alexander Hurst
Starmer seeks to wrest back policy control from Treasury in No 10 shake-up Prime minister brings in chancellor’s deputy and former Bank of England chief to newly created senior roles
Reshuffle gymnastics prepare Starmer to walk tricky budget tightrope Economists say new team could help push back against Treasury but PM needs to spell out what he stands for
Downing Street shake-up: who’s in and who’s out at No 10 Departures and new hires expected to give PM more direct oversight of delivery of key government priorities
Rachel Reeves is under immense pressure. She must not waste her chance to ‘go big’ Chancellor needs to reform an out-of-kilter tax system without alienating voters or spooking financial markets