UK house prices expected to rise over second half of year, says Zoopla Larger number of homes for sale will help push up prices by 2%, says property portal
Reeves moves fast to tackle £22bn budget shortfall ‘covered up’ by Tories Measures include cutting winter fuel payments for wealthier pensioners and shelving cap on social care payments
The Guardian view on Rachel Reeves’ statement: beyond the Tory black hole Editorial: The chancellor was right to call out her predecessors’ culpability for a disastrous inheritance. But Labour must be bolder
UK politics: Winter fuel payments to be restricted as Reeves says there is £22bn spending shortfall – as it happened Chancellor suggests budget, on 30 October, will involve tax rises and cuts to spending and benefits
Rachel Reeves goes back to the future with her public finances statement The chancellor’s message was: this is going to hurt, but it’s not my fault. Haven’t we heard that somewhere before?
McDonald’s sales fall for first time since 2020, as higher prices deter consumers – as it happened Live, rolling coverage of business, economics and financial markets as McDonald’s faces pressure to cut prices and lure back customers
‘Smarter money’ is the key that will unlock the promise of Africa and the Caribbean Regions’ vast potential is being blocked by the need for better investments, key partnerships and reforms to global finance
Bitcoin price hits six-week high after Trump backs cryptocurrency Former president says he will end persecution of crypto industry if he wins US election in November
Rachel Reeves paves way for cuts and tax rises to fill shortfall left by Tories Chancellor will announce pause in work on a number of infrastructure projects, saying Conservatives ‘covered up’ true state of finances
We were promised a 15-hour working week. What’s the hold-up? More UK companies are about to trial a four-day week, and all employees could soon get the right to switch off. It’s still just baby steps, writes Emma Beddington
Bank of England set to rain on hopes of interest rate cut after economic bounce This week’s Bank meeting is unlikely to bring borrowers any joy amid a strong recovery from 2023’s mild recession
Fear of a Truss repeat should not deter Reeves from rewriting spending rules Labour has enough goodwill with City to increase debt if the money is used for key infrastructure
Tories ‘deliberately covered up’ true state of public finances, says minister Steve Reed hits out at Conservatives’ handling of public services as chancellor prepares to detail ‘£20bn black hole’
The Observer view: sticking to fiscal rule will imperil Labour’s future Cutting public spending to satisfy an arbitrary financial rule conceived in opposition will confine the UK to sluggish growth
How bad are Britain’s finances? Key questions and answers on the state of the economy Several factors restrict the Labour government’s room for manoeuvre in its agenda for growth, writes Phillip Inman