Rachel Reeves v the OBR: chancellor aims to loosen the watchdog’s grip Labour embraced the forecaster’s powerful role, but now finds itself scrambling in the face of gloomy projections
Rachel Reeves looks for extra headroom in budget to insulate UK economy against bond market Chancellor hopes to raise enough funds to stop damaging speculation about breaching fiscal rules
Trump news at a glance: layoffs for federal workers begin and president threatens China with tariffs President suggests layoffs will be ‘a lot’ and in Democrat areas as unions for federal workers take the matter to court – key US politics stories from 10 October at a glance
Eric Potts obituary Other lives: Industrial economist who worked to bring business to manufacturers in the north of England
History shows war against immigrants will backfire on all Americans Deportations are likely to cause employers to let go of US workers, and reduce the labor force
Entry-level workers face AI ‘job-pocalypse’; US probes Tesla’s self-driving system – as it happened Business leaders are prioritising automation through AI to fill skills gaps, rather than training junior employees, survey finds
‘A fatal blow’: Italian producers fear effects of Trump’s ‘war against pasta’ US president’s threat to impose 92% tariffs targeting major manufacturers puts family-run firms in the line of fire as well
‘Existential threat’: what do EU’s 50% steel tariffs mean for UK industry? Why UK steel sector is alarmed by prospect of punitive tariffs from its biggest customer
IMF chief warns ‘uncertainty is the new normal’ in global economy Kristalina Georgieva outlines mounting risks to economic stability before fund’s annual meetings next week
Gold price tops $4,000 for first time as investors seek safe haven Precious metal having biggest rally since 1970s amid political uncertainty in US, France and Japan
Rachel Reeves given extra £3bn for budget after VAT error fixed ONS says public borrowing estimates have been out by £200m-£500m a month since January
Lifetime of earnings not enough for UK workers to join wealthiest 10%, report says Research finds it would take average worker saving all their earnings for 52 years to match wealth of richest 10th of society
EU plan to match Trump steel tariffs spurs ‘existential threat’ to UK steel industry Starmer says UK in discussions with EU over Brussels plan to double import tariff to 50%, which unions warn could kill UK steel industry
Ineos to cut a fifth of Hull jobs, blaming ‘dirt-cheap’ imports from China Company says more roles will be at risk unless UK government supports tariffs to protect industry
France is in crisis but bond markets leave other governments at risk of meltdown too Investors rattled by resignation of French PM but country is not alone in trying to grapple with political maths