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UK industrial strategy: the key points – and what’s missing?

Plan to drive growth in eight sectors through measures such as trade support and cutting energy prices

‘Billionaires’ bonanza’: Labour derides Reform plan to offer tax exemptions to wealthy

Nigel Farage defends policy to top up poorest workers from £250,000 ‘landing fee’ on rich UK newcomers

Reeves may need to raise taxes by £20bn in autumn after UK borrowing rises

May figure second highest for month on record amid fears chancellor is struggling to keep within spending rules

Bank’s rate decision leaves frustrated Reeves praying for an August cut

Lower interest rates will be a lever for growth but the Middle East conflict and rising food prices will have troubled MPC

Policymakers who think AI can help rescue flagging UK economy should take heed

Healthy scepticism is needed because flaw is that large language models remain prone to casually making things up

Reeves braced for OBR forecasts to blow £20bn hole in tax and spending plans

Downgrades by Treasury watchdog could force chancellor to raise taxes or cut spending at budget to meet fiscal rules

There hasn’t been a ‘big chancellor’ since Osborne: IFS chief gives final mark

As he steps down after 14 years, Paul Johnson says politicians and voters refuse to accept economic tradeoffs

Does Labour’s spending review signal a return to austerity?

Rachel Reeves is increasing overall budgets after deep Tory cuts, but some departments face bigger spending cuts than others

Demob-happy IFS director tears into Rachel Reeves’s spending review

Blistering analysis by outgoing chief concludes chancellor likely to end up ‘gnat’s whisker’ away from tax rises

Reeves rules out disability benefit cuts U-turn but says rules may be tweaked

Chancellor says criteria for getting personal independence payment are being reviewed

Rachel Reeves seized her moment – whatever the future brings, Labour’s economic course is now set

The chancellor is no mere technocrat: her spending review revealed a visceral commitment to social and economic mobility, says Guardian columnist Martin Kettle

UK politics: Police chiefs say funding ‘falls far short’ of what is needed to meet government’s ambitions – as it happened

NPCC’s Gavin Stephens says settlement in spending review will cover little more than inflationary pay rises

Reeves’s spending review was big on the long term but light on the everyday

Her capital-heavy approach will fuel pressure for commitments that make a more immediate difference to people’s lives

Has Rachel Reeves made the right choices? Our panel responds to the spending review

The chancellor announced spending on health, housing, defence, and infrastructure. But will it be felt by ordinary voters? Polly Toynbee, Kirsty Major, Sahil Dutta, Dhananjayan Sriskandarajah, Jonny Roberts and Hannah White respond

Wednesday briefing: ​What to expect in today’s spending review, from housing help to nuclear power

In today’s newsletter: Rachel Reeves is set to unveil the UK’s spending review, balancing major investments with tight budgets and tough fiscal decisions.

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