‘A mess, chaos, carnage’: inside the Labour budget revolt that could define the Starmer-Reeves project

Uproar at Treasury demands for departmental savings was overcome last week, but insiders fear benefit cuts will be the next bump in the road

Macron’s business policies made him ‘president of the rich’. Rachel Reeves, beware

The chancellor rightly wants to stimulate the economy by boosting growth. But she would be unwise to do it at the expense of the poorest, writes Phillip Inman

Quarter of UK summit investment came before Labour win, analysis suggests

Ministers heralded ‘record-breaking’ £63bn total at London event but £16.5bn appears to have preceded July election

Rachel Reeves expected to extend ‘stealth’ freeze on income tax thresholds

Policy known as ‘fiscal drag’ could bring in as much as £7bn a year after 2028, while dragging workers into paying more tax

No 10 tells aggrieved ministers to make their departments more cost-efficient

Warning comes after three cabinet members complain to Starmer about chancellor’s proposed budget cuts

Here’s a rabbit for the chancellor’s hat: scrap stamp duty on shares

Getting rid of SDRT would pay for itself over time because other receipts would rise, abolitionists say

Cabinet ministers contest chancellor’s planned cuts to their departments

Rachel Reeves aims to find £40bn in budget but several ministers have written to Keir Starmer about spending cuts

The Guardian view on Labour and tax: time to change the frame

Editorial: The chancellor will not win support for her budget without a courageous defence of public services funded by collective contribution

No 10 rejects claim Labour misled voters about tax plans in manifesto – as it happened

Labour set out plans to raise taxes by £7.3bn in its manifesto – but Treasury briefing suggests £40bn in tax rises and spending cuts needed

Rachel Reeves tells cabinet UK still faces £100bn black hole over next five years

Chancellor’s words will be interpreted as signal she will not give in to ministers over cuts she imposes in budget

Starmer calls it slashing ‘red tape’. In fact, he’s just capitulating to big business

Labour is promoting the idea of a trade-off between regulation and growth. We know where that ends, says Balanced Economy Project’s Nicholas Shaxson

Keir Starmer twice refuses to rule out rise in employers’ national insurance

PM says it was ‘very clear’ in Labour manifesto that government would not raise taxes on working people

Tuesday briefing: How Keir Starmer pitched his vision of Britain to big business

In today’s newsletter: At a summit in London on Monday, the prime minister tried to stir investment in Britain – here’s how it went

Elton John and Michelin meals: Labour pulls out all the stops to woo investors

‘You are pivotal to this great cause of our times,’ Keir Starmer tells global bosses in London as he targets wealth creation

Starmer tries – and fails – to keep up with the business in-crowd jargon

When CEOs are dangling investment promises worth billions, all other promises get burned – and any ability to speak disappears