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‘I think the city is falling apart’: Leicester braces for a make-or-break budget

In the local authority where people have the least spare cash there are hopes the chancellor will instil change

UK budget watchdog in danger of strangling economic growth, says TUC boss

Paul Nowak says OBR should be modernised to ditch ‘hardwired’ support for austerity economics

AI, Covid and taxes: what is behind steep rise in youth unemployment?

Last year’s employer NICs increase and a weak economy are adding to tricky conditions for young people

Have Reeves and Starmer missed the chance to ditch stealth taxes?

Retreat from plans to increase income tax means Labour is unlikely to make system fairer and more coherent

English councils plan to sell off social clubs and sports centres to balance books

Survey finds 60% of key cities councils are planning to sell assets to meet costs of adult and children’s social care

Rachel Reeves plans £7.5bn tax rise in budget after U-turn on income tax rates

Chancellor expected to freeze level at which people start paying income tax for two years rather than putting rates up

Reeves’s plan to ditch income tax rise prompts government bond sell-off

Switch in budget plan causes cost of UK government borrowing to rise by the most in a single day since early July

Treasury won’t cut threshold for higher rate income tax, say sources – UK politics live

Fallout continues over budget income tax U-turn, with Treasury saying expected fiscal gap has dropped to £20bn

US markets struggle amid tech sell-off and economic uncertainty

Wall Street endured its worst day in a month on Thursday as fears that tech companies are now overvalued loom large

Pound falls and UK borrowing costs rise as Reeves ditches plans for income tax hike – as it happened

Jitters over the UK’s autumn budget grow as chancellor Rachel Reeves abandons plans to raise income tax on 26 November

Walmart CEO Doug McMillon to step down after more than a decade in role

John Furner, the retail chain’s boss in the US, will succeed McMillion as global CEO after 31 January

Fossil fuel lobbyists outnumber all Cop30 delegations except Brazil, report says

One in every 25 participants at 2025 UN climate summit is a fossil fuel lobbyist, according to Kick Big Polluters Out

UK exports to US hit lowest level since January 2022 as tariffs bite, and economy shrinks – as it happened

New economic data shows fall in UK exports to the US, as Britain’s economy shrinks slightly in September

Scotland plans to issue £1.5bn of its own bonds – ‘kilts’ rather than gilts

Announcement by first minister John Swinney comes after Moody’s and S&P give country same credit rating as UK

Amid disappointing UK growth, how can Rachel Reeves escape the doom loop?

Stronger public finances require stronger economy, but large tax rises and spending cuts could squeeze activity further

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  • Private jets, deserted shores and an unbuilt resort: alleged links to sanctioned ‘scam’ empire revealed in Timor-Leste
  • Jamie Dimon says US should strengthen allies economically, in veiled criticism of Trump
  • Dozens of firms risk losing B Corp status after standards overhaul
  • Don’t believe Trump’s claims about making life more affordable
  • How defense contractors and oil companies profit from war on Iran as US gas prices soar
  • Thousands of small UK firms’ energy bills set to more than double due to Iran war
  • Track Australia’s fuel prices, service station outages and shipments in charts
  • Sick pay rule changes to benefit up to 9.6m UK workers, TUC says
  • Starmer attacks Greens, saying vote for Labour rivals puts new workers’ rights at risk
  • Iran strikes Kuwait’s oil infrastructure before Opec+ supply talks
  • Workers, pensioners and children: all better off. Ignore the critics – we really are standing up for working people
  • The Guardian view on Japan’s hidden century: cheap money, global risk
  • From microshifting to coffee badging: whatever happened to just doing your job?
  • Labour to back down on foie gras and fur bans to ease EU trade deal
  • Waitrose employee sacked after stopping shoplifter from taking Easter eggs
  • How Trump’s Iran war could make the world more reliant on coal
  • Iran war driving up funeral costs in the UK
  • Higher energy costs from Iran war could threaten fragile economics of AI boom
  • Former Co-op boss was paid almost £2m before leaving after group’s difficult year
  • Fair Work Agency’s priorities criticised days before its launch
  • ‘It’s all fear and headlines’: energy traders race to keep pace with volatile oil markets
  • Trussonomics still haunts parties’ economic promises in run-up to UK local elections
  • ‘The good old days are gone’: how will US prices stand as war in Iran surges on?
  • House swaps: why exchanging home could be a ticket to a dream holiday
  • UK food halls buck downbeat hospitality trend: ‘In this impossible climate, they shine hope’
  • Biometric checks stalled again for cross-Channel travellers
  • Claim sooner rather than later, experts urge, after £7.5bn car loan compensation scheme launched
  • ‘Over the top and fun:’ TGI Fridays boss insists time is right for a UK revival
  • Reese’s chocolate heir accuses Hershey of altering recipes: ‘It wasn’t real peanut butter’
  • Lord Haskins obituary

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