UK retail sales growth slows as shoppers await Black Friday and budget

Industry body says shoppers are waiting for discount day, as Barclays reports falling consumer confidence

‘It will never be forgiven’: UN climate chief warns world to act or face disaster

Faltering governments will be blamed for famine and conflict abroad, and face stagnation and inflation at home, says climate chief at start of Cop30

Rolling coverage of the latest economic and financial news, as stocks in London hit new peak

Keeping the markets on side is the chancellor’s priority but it’s not an easy task given their simplistic, misplaced views on welfare cuts

Trump’s team flirts with weakening the dollar, threatening US influence, low borrowing costs and global stability

Commerce department expected to add about 700 more items with steel content to levy list at request of US firms

Economic concerns felt by Americans of different ages, incomes and political affiliations, survey finds

The Nasdaq is poised for its worst weekly performance since March.

Treasury-backed provider raises returns by up to 0.31 percentage points but experts say better deals are available

S&P 500 down 1.1% and Nasdaq down 1.9% as hiring freezes and layoffs sharpen fears US economy is slowing

Policymakers keep borrowing costs at 4% before crucial budget while also warning of persistent weak growth

Economists predict UK rate cuts in December, after narrow vote to hold Bank Rate at 4% today

Scheme aims to raise $125bn to invest in bonds, with returns used to reward tropical countries for conservation

Close-run vote raises hopes of rates cut in December, with inflation said to have peaked at 3.8%

Chancellor says she is focused on priorities for British people in pre-budget speech laying ground for expected tax rises