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Christmas dinner and festive treats up to 70% more expensive, reports Which?

Price of turkey jumps as much as £15 compared with 2024, while chocolate has steepest mark-up

Unemployment rises in US and UK, adding to pressure to cut interest rates – as it happened

Rolling coverage of the latest economic and financial news, as US non-farm payrolls rise by 64,000 in November but shrink by 105,000 in October

UK unemployment rose to four-year high of 5.1% before budget

October figure from ONS suggests employers laid off workers, as earnings growth excluding bonuses fell

UK and South Korea sign new trade deal aimed at cars, salmon and Guinness

Government says arrangement will bring in extra £400m on top of more than £15bn of existing annual trade with Korea

Rishi Sunak tells Covid inquiry he was worried about UK’s ability to fund itself

Reflecting on chaos of early pandemic, former chancellor said it was ‘acutely stressful’ to see rising interest bill on government bonds

Brighton’s struggling independent stores: ‘The nation of shopkeepers will go on the dole’

City’s small shops are reaching tipping point amid higher business rates, staff costs and big chains eager to move in

Why universal basic income still can’t meet the challenges of an AI economy

Andrew Yang’s revived pitch suits the automation debate, but UBI can’t fix inequalities concentrated tech wealth drives

How many more times will the Bank of England rescue Rachel Reeves?

The City expects a cut in interest rates on Thursday but economic prospects for 2026 complicate the picture

Labour is procrastinating over policy as UK’s economy goes backwards

New business rates regime that is poised to hit pubs and hotels is latest example of hasty decision-making

UK politics: Trump talks ‘complete nonsense’ about crime in London, says Met police commissioner – as it happened

Mark Rowley says capital is a safe city, and claims of no-go areas are ‘completely false’

December cut to UK interest rates ‘nailed on’ after economy shrinks unexpectedly by 0.1% in October – as it happened

Disappointing UK GDP report shows economy contracted by 0.1% in both September and October

UK economy shrank unexpectedly before budget, data shows

GDP fell by 0.1% in October as activity failed to regain momentum after cyber-attack on Jaguar Land Rover

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…

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  • G7 to release up to 100m barrels of emergency oil and diesel reserves
  • Nasdaq hits record high after weaker-than-expected US jobs report – as it happened
  • Bosses of three firms that supply trains to UK railways made £3.5m last year
  • ‘Stand on the right side of history’: Starbucks urged to close stores in China’s Xinjiang
  • Throwback to 2011: why it feels different to the last time interest rates were this high
  • US added just 29,000 jobs in September in sharp drop from last month’s gains
  • John Maynard Keynes: the cultured economist who governments turn to in a crisis
  • Tesco is first supermarket to offer paid ‘safe leave’ for victims of domestic abuse
  • UK diesel price hits record high of £2 a litre
  • Gordon Ramsay’s UK restaurants stay in red despite sales topping £100m
  • Minister denies UK faces diesel shortage after Trump threatens to ban exports
  • Kinky dating app Feeld’s founders share in record £3.8m dividend after sales jump
  • Would a gambling tax rise in the budget really shut shops and cost jobs?
  • UK airlines to be banned from charging parents to sit with children
  • Labour figures uneasy about Healey’s ‘underpowered’ approach to budget
  • US borrowing costs hit 24-year high as global bond sell-off intensifies
  • Britain in talks with European allies over release of emergency diesel stockpiles amid Trump pressure
  • Bond sell-off: US government borrowing costs hit highest since 2002, as UK 30-year bond yield hits 6% – as it happened
  • Crude oil exports from strait of Hormuz largely return to pre-war levels
  • Naomi Campbell wins legal challenge over charity trustee ban
  • Peta claimed victory when fashion stopped using fur – so why are they back hijacking catwalks?
  • Travelodge guests are still at risk, finds review launched after sexual assault
  • Bedford rail crash: train sped up after red light warning, say investigators
  • Ukraine persists with Russian oil refinery strikes in defiance of Trump
  • Should cockpits stay locked from the inside? Flydubai stabbing raises flight security questions
  • UK bookmakers that warned of rogue casinos profited from offshore gambling
  • I went to America’s largest gathering of astrologers. It was a battle over how to read the stars
  • Tech in cars can be used to snoop on you, Dutch spy chiefs warn
  • Britain’s scaffolding should be a source of national pride – instead we’re struggling to recruit workers
  • Boots owner ‘closing in on sale to Canada’s Weston family for $9bn’

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