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Labour is standing on a precipice: if it breaks its election promise on tax, it will never be trusted again

Ruling out tax rises in its 2024 manifesto was utterly reckless and will fan the flames of the far right, says Guardian columnist Owen Jones

Rising unemployment could affect budget, interest rates, pay and more

Rachel Reeves will need to avoid depressing economy and hitting jobs while raising billions in extra tax

Reeves suggests two-child benefit cap will fully go, saying children in big families should not be ‘penalised’ – as it happened

Chancellor interviewed on Radio 5 Live and says it’s unfair to penalise children in bigger families

UK transport and cyber-security chiefs investigate Chinese-made buses

Move to assess potential risk of remote meddling by Beijing with Yutong buses follows investigations in Norway and Denmark

Billionaire Tory donor gives £200,000 to Reform UK

JCB chair Lord Bamford hands equal amount to Tories and Reform to support parties he says ‘believe in small business’

UK divisions of ticket resale website Viagogo hit with £15m bill over tax shortfall

Company already under scrutiny on ‘secondary ticketing’ amid outcry over touts using such platforms to exploit fans

The bond market is wrong. Reeves should not cut welfare to placate the City

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

AI-powered nimbyism could grind UK planning system to a halt, experts warn

Tools that help people scan applications and find grounds for objection have potential to hit government’s housebuilding plans

‘A job is like finding a needle in a haystack’: how Dudley became centre of UK’s youth jobs crisis

Almost one in five school-leavers in West Midlands town are not in education, employment or training and chancellor is under pressure to deliver promised ‘youth guarantee’

Increase taxes for working people, or make the super-rich pay their fair share? The answer seems obvious – but not to Labour

Rachel Reeves has unnecessarily blocked her options of what to include in her budget, says Dhananjayan Sriskandarajah of the New Economics Foundation

MPs urge Reeves to raise gambling taxes despite ‘scaremongering’ from firms

Treasury select committee calls for higher duties on most addictive forms, such as high-street slots and online games

Business leaders urge Reeves to force pension funds to raise UK investments

More than 250 bosses ask chancellor to require schemes to put 25% of assets in British firms, which could unlock £95bn

Lucy Powell says Labour must stand by promise not to raise key taxes

New deputy leader also calls on government to lift two-child benefit cap urgently and in full

Bank of England opens door to December rate cut as it signals inflation has peaked

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

Bank of England’s decision to keep interest rates at 4% is not all doom and gloom

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

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  • Burnham tries to calm bond market fears as sell-off threatens crucial first budget
  • The Guardian view on Kemi Badenoch and the economy: a plan stuck in the Tory comfort zone
  • Burnham beware, the bond markets will demand proper answers in the budget
  • UK politics: Andy Burnham pressed on borrowing costs and spending at first PMQs – as it happened
  • Uber drivers launch European class action over ‘soulless’ and ‘scary’ AI algorithm
  • Australia’s economy limps along, but the RBA should take a closer look before raising interest rates again
  • Australians are buying EVs instead of holidaying in Europe – and other things we learned from the national accounts
  • BP seeks to end years of boardroom turmoil with appointment of new chair
  • Bond market sell-off calms as oil price drops, and Burnham pledges ‘fiscal responsibility’ – as it happened
  • Tim Cook handed $47m package for new role as executive chair of Apple
  • Architect of UK’s AI strategy joins Anthropic amid conflict of interest warning
  • UK government does not know what datacentres are being used for, FoI request shows
  • Taxing the banks: what Europe’s windfall levies brought in as Burnham eyes his next move
  • Trump’s ridiculous bullying of Canada is backfiring
  • Barclays faces complaint over backing for power plant near world’s largest mangrove forest
  • Range Rover launches its first electric vehicle, with starting price of £154,070
  • Ryanair warns air fares in Europe will jump next year if oil price stays high
  • Global bond sell-off intensifies as US-Iran tensions stoke inflation fears
  • Fake 10 Downing Street listing on Booking.com highlights security failures
  • Britain is OK with public ownership, but only by foreign powers. Why?
  • Pentagon official overseeing military AI sold millions worth of stock in AI firm
  • The Guardian view on the global bond shock: Andy Burnham should take note
  • Burnham says Brexit brought ‘decade of low growth’ in first Commons address as prime minister – as it happened
  • Private equity keeps picking off London-listed firms – and Westminster barely notices
  • Mark Carney tells US to ‘start being serious’ amid escalating trade war
  • ‘Not perfectly aligned’ with human values: Anthropic admits security failures behind AI hacking incidents
  • Dyson launches £420 toothbrush that films ‘live cleaning footage’ inside your mouth
  • UK long-term borrowing costs could halve chancellor’s budget headroom
  • Global bond rout deepens as oil prices jump; wheat prices highest since early 2023 – as it happened
  • London Stock Exchange to lose three more firms after takeover offers

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