Health and safety rules holding UK infrastructure back, says writer of government report Exclusive: John Fingleton says regulators need to change their attitude to risk to end the country’s economic stagnation
Green biotech firms to open factories at Grangemouth; Oracle shares tumble 15% after results disappoint – as it happened Rolling coverage of the latest economic and financial news
Evoke considers sale or break-up after budget tax hikes; SpaceX aims for $1.7tn valuation – as it happened Rolling coverage of the latest economic and financial news…
Reeves criticises budget leaks and says income tax decision taken ‘in partnership’ with PM Chancellor defends budget but tells MPs there were ‘too many leaks’ and that and much of them were inaccurate
Just 0.001% hold three times the wealth of poorest half of humanity, report finds Data from World Inequality Report also showed top 10% of income-earners earn more than the other 90%
Rachel Reeves’s test from the bond markets starts now UK gilt yields may have dropped a bit relative to other major countries, but it’s not at all clear that the fall with continue
Bank of England expects budget will cut inflation by up to half a percentage point In a boost for Rachel Reeves, deputy governor says analysis shows chancellor’s policies will lower annual rate next year
BoE predicts budget measures will lower inflation, and denies uncertainty caused unusual bond market volatility – as it happened Rolling coverage of the latest economic and financial news, as Bank of England policymakers testify to MPs on the Treasury committee
Badenoch announces Tory review of which conditions qualify for benefits ‘Age of diagnosis’ of ‘low-level mental health issues’ such as ADHD making system too costly, Conservative leader says
China’s record trade surplus reveals its biggest strength – and hidden weakness Booming Chinese exports have driven trade surplus past $1tn but also reveal the extent of country’s reliance on foreign markets
UK households cut spending at fastest pace in almost five years, says Barclays Bank reports 1.1% drop in card spending despite Black Friday boost for retailers
Paramount Skydance makes $108.4bn bid for Warner Bros Discovery, challenging Netflix’s offer – as it happened Paramount says its hostile offer “provides superior value, and a more certain and quicker path to completion to WBD shareholders”
Bank of England cutting jobs as part of overhaul after critical Bernanke review Bank under budget pressure as it responds to former Fed chair’s report into slow response to surging inflation
Divided Fed ponders US interest-rate cut at end of tumultuous year Markets expect final rate cut amid pressure from Trump as Jay Powell urges central bank to proceed with caution