The long-awaited Labour budget needs to show the party knows what to do with power

A strategy of raising taxes, spending and borrowing all at the same time to fund investment has risks, but it has a logic too

It’s hard to fill a budget black hole if you’ve ruled out raising income tax

Keir Starmer and Rachel Reeves were so desperate to win the election that they deprived themselves of the best tools for fixing their bleak ‘inheritance’

Reeves: ‘My budget will match greatest economic moments in Labour history’

The chancellor says she will invest to reverse Tory decline, but stands accused of breaking party manifesto promises

The sickness trap: how Barnsley has tried to fight back against worklessness

Leaders of the town, which has some of UK’s highest levels of economic inactivity, are hoping for help from Rachel Reeves’s budget

Rachel Reeves basks in IMF backing for UK budget rules overhaul

In one session after another, IMF officials repeated backing for principle of increased borrowing to drive growth

UK consumers ‘despondent’ ahead of the budget; pound heads for worst month in a year; Russia hikes interest rates – as it happened

People holding ‘their breath’ to see what’s in store for them in Rachel Reeves’s first budget, reports GfK

Budget will reverse huge cuts in UK’s public investment, Reeves confirms

Chancellor pledges to spend, but says there will be no Truss-style splurge when she changes fiscal rules in budget

Jeremy Hunt claims Labour changing debt definition will ‘punish families with mortgages’ – as it happened

Former chancellor says ‘increasing borrowing means interest rates would be higher for longer’ as Reeves says it will ‘make space for investment’

Global economy faces ‘anxious times’, warns IMF; Reeves says stability fiscal rule will mean higher taxes – as it happened

People don’t feel good about economic prospects, admits IMF chief Kristalina Georgieva

Reeves to announce major change to fiscal rules releasing £50bn for spending

After weeks of speculation, chancellor will tell IMF in Washington that UK’s debt measure will be redefined to permit borrowing for investment

IMF warns Trump trade tariffs could dent global economy as it upgrades UK outlook

New report upgrades outlook for UK economy with growth now forecast at 1.1% rather than 0.7%

‘Utter ruin’: Gaza economy would take 350 years to return to pre-conflict level, UN says

Report says ‘intense military operations in Gaza have left unprecedented humanitarian, environmental and social catastrophe’

IMF warns markets are underestimating geopolitical risks; UK faces a ‘narrow path’ on debt reduction – as it happened

IMF predicts UK will grow by 1.1% this year, making it the joint third-fastest G7 country, but debt consolidation will be a challenge

While the IMF is upbeat about global growth it knows where dangers lurk

Optimistic forecasts could be upset by high borrowing costs, war in the Middle East – or a Trump election win

Treasury warns of difficult decisions in budget after September borrowing rise

ONS data shows higher debt interest payments and pay awards for public sector workers pushed figure to £16.6bn