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UK government borrowing costs fall to lowest level since July

Boost for Rachel Reeves as bond yield falls while she considers tax rises and spending cuts in budget

Cardiff becomes first UK council to impose higher parking charges on larger vehicles

Premium charge aims to combat steep rise in SUVs and other larger vehicles which are ‘a danger to other road users’

UK economy expands as GDP rises by 0.1% in August ahead of crucial budget

Manufacturing and health sectors boost growth but ONS revises down figures for July

Rachel Reeves says those with broadest shoulders should pay fair share of tax

Chancellor adds she wants to ‘get the balance right’ and not deter wealthy people from making the UK their home

Cost of taking over British Steel rises to £235m, government says

Taxpayers have been footing bill for loss-making company since April as minister acknowledges threat of EU tariffs

Labour ministers met fossil fuel lobbyists 500 times in first year of power, analysis shows

Lobbyists attended 48% more meetings than Tories, as Labour accused of giving them ‘backstage pass’

Thursday briefing: Rachel Reeves starts to sell a tough budget to the public

In today’s newsletter: The chancellor begins to lay the groundwork ahead of next month’s big speech

Rachel Reeves should consider welfare cuts in budget, IFS says

Thinktank urges chancellor to take ‘bold’ action on benefits and pensions to placate jittery financial markets

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

Starmer only read China spy witness statements this morning, No 10 says, as Cleverly accuses PM of misquoting him – as it happened

PM says he intends to publish statements in full and blames previous government for failure of the case

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

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

Rachel Reeves says tax rises and spending cuts on budget agenda, citing Brexit impact

Chancellor also blames austerity and ‘ongoing impact of Liz Truss mini-budget’ for growing shortfall in public finances

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

Ed Miliband approves UK’s biggest solar farm at Lincolnshire site

Tillbridge solar farm will be built in county where Reform UK’s anti-renewables agenda has rising support

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  • London’s first self-driving taxis for hire hit the streets
  • Australia’s new environmental protection agency approves coal project, angering climate groups
  • 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

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