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Labour could be knocked off course as it sticks to £40bn mission

The government’s pact with voters relies on it delivering on its promise of growth but the early omens are unsettling

Liz Kendall says young people who won’t take up work will lose benefits

Work and pensions secretary says she will transform opportunities as Starmer bemoans ‘bulging benefits bill’

Voters must learn to accept that Britain’s challenges are too big to solve straight away

Labour has got off to a shaky start in government. It’s time it told the truth about the state we’re in

UK government borrowing in October tops forecasts at £17.4bn

Debt interest payments push public finances deeper into the red in fresh blow to Rachel Reeves

UK inflation rises to 2.3%, increasing pressure to delay interest rate cut

Figure is above Bank of England target after energy bills push up prices

UK’s jump in inflation lays bare the risks ahead for Labour

Rate cut unlikely until 2025 as energy prices blamed for stronger-than-expected inflation of 2.3%

UK retailers warn Reeves of £7bn hit from budget tax rises

Increase in national insurance contributions and national living wage will add to costs, says BRC

Housework to green energy: the new markers of growth in rival metric to GDP

Sustainability-focused inclusive income formula accounts for non-monetary factors overlooked in GDP, says ONS

Keir Starmer to restart UK-India talks after previous negotiations stalled

Whisky and migration thwarted earlier deal but UK PM hopeful of reaching agreement with Narendra Modi

Keir Starmer denies budget to blame for rise in mortgage rates

PM says budget stabilised the economy, while mortgage rates are ‘individual decisions for the banks’

Tax rises in budget sap UK consumer confidence and will hit pay growth, say reports

Survey shows households’ economic fears, while Goldman Sachs predicts impact of increase in employer NICs

Open registers are only way to stop dirty money that underpins crime

We know too well that overseas territories and crown dependencies play a pivotal role in helping crooks and tax dodgers

Talks are a good place to start task of improving the UK’s social care

Productivity and quality in a sector that is its workforce will require even more money after national insurance rises

Shadow chancellor warns Reeves over EU ties after Bank chief says Brexit harming economy – as it happened

Mel Stride said there must be no suggestion of the UK going back into the EU single market or customs union

Shrinking GDP forecast adds to German woes after coalition collapse

European Commission figures predict German economy, usually the engine of the EU, will contract O.1% this year

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  • Bank of England leaves interest rates on hold and lowers inflation forecast amid Middle East ‘uncertainty’ – business live
  • Fewer than half of commuters in Great Britain think train fare value for money
  • Most of Great Britain’s major rail operators are back in public hands – is it working?
  • Drax cleared after investigation into sourcing of wood pellets
  • Bank of England keeps interest rates at 3.75% as Iran conflict weighs on economy
  • Bank of England keeps interest rates at 3.75% as Iran conflict weighs on economy
  • Farage trying to block ‘Britcoin’ plans that could be costly for billionaire donor
  • Office workers of the world unite: it’s time to revive the three-martini lunch
  • Gina Rinehart says Australia should give Elon Musk islands to launch satellites into space
  • UK vacancies fall to lowest for five years as wages grow faster than expected
  • Plan to ban ‘private equity sharks’ from social care dropped, Wes Streeting says
  • Weather more important to sales than World Cup, says Tesco as growth slows
  • Dubai property sales have fallen ‘off a cliff’ since start of Middle East war
  • Rejoining customs union would not fix damage caused by Brexit, research finds
  • NHS patients face worst drug shortages on record, say pharmacists and GPs
  • Qantas delays non-stop flights from Sydney to London – again
  • Federal Reserve holds rates steady but signals possible hike before year’s end
  • The bleak view that unemployment needs to rise shows the RBA acts firstly in the interests of companies, not workers
  • Legislation proposed to stop lawsuits used to silence journalists and whistleblowers
  • UK inflation unexpectedly stays at 2.8% with higher transport costs offset by slower food price rises – as it happened
  • Jaguar Land Rover to make more hybrid cars in US sales push
  • AO boss blames Labour as it shifts UK call centre roles abroad
  • Real estate event in London ‘advertised sale of land in illegal Israeli settlements’
  • Lululemon apologises after Japanese drum row at Great Wall yoga event
  • Surprisingly benign UK inflation data signals a softer Iran war hit than feared
  • UK inflation stays at 2.8% as slowing food prices offset rising transport costs
  • ‘Tax break tart’: hospitality tipped to exploit summer VAT cut on children’s meals
  • John Lewis injects £20m into Glasgow city centre store in wider branch reboot
  • Fashion tycoon Bernard Arnault accused of stranglehold over French business press
  • Lib Dems to urge Labour to drop ‘torpor and timidity’ on EU and rejoin single market

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