French Socialist party to fight for wealth tax as it seeks to capitalise on crisis Party has promised to stand back as weakened prime minister prepares for crucial no-confidence vote
Rachel Reeves says higher taxes on wealthy ‘part of the story’ for November budget Chancellor hints at rises and calls out past ‘scaremongering’ over VAT on private schools and changes to non-doms
English councils to remain poorer than in 2010 despite funding rise, says report Exclusive: Impact of austerity cannot be undone by end of parliament despite above-inflation funding, analysis finds
UK government borrowing costs fall as Reeves hints at tax rises – as it happened Rolling coverage of the latest economic and financial news
Global government debt on course to hit 100% of GDP by 2029, IMF warns Ratio would be highest since aftermath of second world war, with UK among G20 countries forecast to peak above
The Guardian view on the IMF’s warning: Britain’s economy runs hot for profits, cold for pay Editorial: Labour is misreading the economics – leaving it unable to deal with the G7’s worst inflation and flat living standard
UK faces highest inflation in G7 this year and next, IMF warns According to fund’s World Economic Outlook, Britain is on course to average 3.4% this year and 2.5% in 2026
UK economy at risk of ‘bumpy landing’; JP Morgan’s Dimon warns of ‘more cockroaches’ after collapse of First Brands and Tricolor – as it happened Rolling coverage of the latest economic and financial news
US shares risk ‘sharp correction’ but markets seem complacent, IMF warns Government bond markets also under increasing pressure, says Global Financial Stability Report
World economy resilient amid Trump tariffs but outlook looks ‘dim’, says IMF UK and global GDP growth forecasts upgraded for this year but immigration controls could have negative impact
Soaring bills are the gift that keeps on giving for Reform. Shame Labour doesn’t have the guts to do anything about them A cost of living crisis is not inevitable if there is the will to stop companies extracting profits from Britain’s essential services, says Mathew Lawrence of the Common Wealth thinktank
Young people are biggest victims of UK’s fragile jobs market Firms too scared to take a chance on youngsters when taxes and minimum wages are higher, expert says
UK labour market shows signs of stabilising after job losses Unemployment rate rises slightly to 4.8% but ONS says falls in payroll numbers and vacancies are levelling off
UK retail sales growth cools amid fears over budget tax rises Inflation also hitting sales, says industry body, as Barclays says credit card spending fell in September
Blair’s former policy chief Matthew Taylor to lead Fair Work Agency Author of influential report on the gig economy says new watchdog can make progress on workers’ rights