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Starmer and Reeves promised honesty about public finances. Can they stay the course?

Labour is being pulled one way by a desire to cut debt and the other by slumping poll ratings. With growth nowhere to be seen, tax rises loom

Thousands of BBC jobs at risk as broadcaster considers major outsourcing drive

Exclusive: BBC understood to be speaking to US tech giants as it desperately seeks cost savings

Fall in UK GDP puts focus back on expectations of tax rises in autumn budget

Depressing data comes as Rachel Reeves and her team were daring to hope business confidence was recovering

Zonal pricing is dead. Now Miliband should be less absolutist on his 2030 goals

The imperative ought to be to bear down on costs for consumers, starting with a more pragmatic approach to generation targets

UK government abandons energy ‘zonal pricing’ plan

Proposal to vary electricity charges in England, Wales and Scotland based on supply and demand dropped in favour of ‘fair and affordable’ single price

Last orders: Pubs in Britain will close at rate of one a day in 2025, trade body warns

The British Beer and Pub Association calls for help to cut pub costs with 378 pubs in England, Scotland and Wales likely to call time this year

As much as £5bn needed to revive UK’s struggling high streets, study finds

Business rates cuts not enough as people in poorer areas simply ‘don’t have money to spend’, says Centre for Cities

Labour MPs alarmed by rise in sponsored events arranged by party

Invitations for receptions sent from parliamentary office include ads for housebuilders and public affairs firms

Bank of England rolls out looser mortgage rules to help first-time buyers

Move hopes to push lenders to offer more high loan-to-income mortgages and help 36,000 buyers on to housing ladder

HS2 already billions over budget with work ‘just over halfway done’, says rail boss

Total overspend on high-speed rail could be as high as 100%, Mark Wild, who runs the project, told MPs

Prax Lindsey oil refinery owners urged to ‘do decent thing’ for workers

UK government writes to husband and wife team amid concerns finding buyer for insolvent plant will be difficult

Looser bonus rules and tax breaks needed to save London stock market, says CBI

Industry lobby group draws up 20-point plan to stop London ‘drifting into irrelevance’

London’s stock exchange needs a shot in the arm from the Treasury

A marketing campaign is all very well but if the LSE’s fortunes are to turn, the real oomph needs to come from the chancellor

ASA cracks down on online pharmacies advertising weight loss injections

Watchdog releases nine new rulings setting clear precedents for online selling

Ed Miliband abandons plan to charge less for electricity in Scotland

Energy minister decides against ‘zonal pricing’ backed by Octopus founder but opposed by many other energy firms

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