BT says Budget measures will cost it extra £100mn as it cuts revenue guidance

Reeves aims to close £40bn funding gap as she plans tax rises in Budget

Figure is significantly more than the £22bn fiscal hole the government previously identified

Business - Financial Times - October 15

Liz Kendall expected to retain £1.3bn cut to UK sickness benefits in Budget

Move by work and pensions secretary likely to cause concern among disability rights activists

World - Financial Times - October 17

The UK Budget in five charts: Reeves limits BoE space for rate cuts

Central bank is nevertheless still likely to ease policy this year and next

Business - Financial Times - October 30

Israeli budget hikes military spending, VAT, cuts social services

World - Yahoo News - 6 days ago

UK’s rising fiscal burden narrows tax gap with Europe

Britain’s fiscal picture is closer to EU averages than it has been for decades

Business - Financial Times - October 30

Volvo Cars says it will not support Northvolt as it slashes sales guidance

Swedish group says it will not invest in its battery group partner amid softening demand for vehicles in key markets

Business - Financial Times - October 23

Don't be alarmed by conservative guidance after a solid quarter, Jim Cramer says

CNBC's Jim Cramer on Thursday told investors not to get scared off when a company posts good earnings results but issues more modest guidance.

Business - CNBC - 6 days ago

Extra Extra! The End Times, Onscreen

When the world as we know it ends in films and on television, newspapers are often used to convey what was known in those final days.

Top stories - The New York Times - October 30

Steelers' Mike Tomlin says NFL admitted it shouldn't have flagged blocked extra point vs. Jets: 'That's life'

This is the second time this year the NFL has falsely flagged the Steelers

Sports - CBS Sports - October 22

Budget deals struck with all departments, says Reeves

Despite reports of internal rifts all government departments have agreed spending settlements, Reeves says.

Watch: Budget choices are not easy but responsible, says Reeves

The UK's first female chancellor sums up her Budget speech claiming she has made the "right choices".

UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing

Taxes rise as chancellor delivers the first Labour budget since 2010

Business - Financial Times - October 30

Budget boost to UK economy forecast to fade after two years

The government's official forecaster raises its prediction for UK growth in 2024 and 2025 but reduces it for later years.

Stellantis Says Moving Quickly to Cut U.S. Inventories

Stellantis said third-quarter group shipments fell 20% on the year as the company works to reduce the number of cars stocked at U.S. dealers and as it suffered from gaps in its product line-up ...

Business - The Wall Street Journal - October 31

Wool webs, faceless mannequins and creepy lights: five budget Halloween decoration ideas that won’t cost the Earth

With a little craftiness, common household goods and secondhand items can be turned into eerie embellishments. Get our weekend culture and lifestyle email Trick or treat, or recycle and reuse? ...

World - The Guardian - October 25

UK borrowing costs hit post-election high on eve of Reeves’ first Budget

Chancellor will draw parallels with Tony Blair government’s efforts to repair country’s social fabric in late 1990s

Business - Financial Times - October 30

FirstFT: US consumers continue to spend, spend, spend

Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election result

World - Financial Times - October 31

UK borrowing costs soar day after Labour government unveiled tax-raising budget

U.K. bond yields spiked sharply Thursday after the ruling Labour Party unveiled a sweeping package of tax hikes and increased borrowing.

Business - CNBC - October 31

$10mn? $30mn? $100mn? The redefinition of the super-rich

The rapid rise in billionaires has disrupted what it means to be part of the moneyed elite

Business - Financial Times - October 14

HS2 spent £100mn on tunnel to protect rare bats

Kilometre stretch of steel mesh one of many planning requirements that has driven up costs, says project chair

World - Financial Times - 7 hours ago

How much does a $200,000 home equity loan cost per month now that rates are cut?

As interest rates fall, home equity loans become cheaper. Here's what a $200,000 home equity loan costs monthly now.

Man United legend Sir Alex Ferguson's ambassador role scrapped in cost-cutting move, per report

Ferguson was reportedly paid around $3 million a year for his services

Sports - CBS Sports - October 15

How much does a $15,000 home equity loan cost monthly now that rates were cut?

A home equity loan for $15,000 comes with inexpensive monthly payments now. Here's what to know.

How much does a $25,000 HELOC cost monthly now that rates were cut?

A $25,000 HELOC comes with inexpensive monthly payments right now, and they could become even cheaper in the months to come.

Elon Musk Is Giving Away $1 Million a Day in Bid to be the 'Secretary of Cost-Cutting'

Four days spent barnstorming Pennsylvania for Donald Trump highlighted support for the tech titan leading a new government efficiency effort.

Business - The Wall Street Journal - October 21

How much does a $30,000 home equity loan cost per month now that rates were cut?

A $30,000 home equity loan comes with inexpensive monthly payments now that interest rates have been reduced.

Major airlines are cutting services to China or quitting entirely amid low travel demand, high costs

A new report from travel news site Skift shows that seven major airlines have retreated from the country in the past four months.

Business - CNBC - October 25

Mercedes-Benz and Porsche look for cost cuts after China slump hits profits

German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto market

Business - Financial Times - October 25

Google employees pressure costumed execs at all-hands meeting for clarity on cost cuts

Following comments on Google's earnings call about continuing cuts, employees wanted answers at the company's latest all-hands meeting.

Business - CNBC - 6 days ago

Moderna posts surprise profit as Covid vaccine sales impress, cost cuts take hold

Moderna said its newest Covid vaccine saw benefits after winning approval in the U.S. three weeks earlier than the last iteration of the shot did in 2023.

Business - CNBC - 2 hours ago

Trump’s plan to cut taxes on Social Security benefits may cost beneficiaries more in the long run

The president-elect’s plan may do more harm than good, experts said.

Business - MarketWatch - 4 hours ago

Spirit Airlines stock jumps 15% after struggling budget carrier said it will sell planes, cut jobs

Spirit Airlines shares rose after the struggling carrier said it will cut jobs and sell planes.

Business - CNBC - October 25

Latest in BT says Budget measures will cost it extra £100mn as it cuts revenue guidance

Reeves aims to close £40bn funding gap as she plans tax rises in Budget

Liz Kendall expected to retain £1.3bn cut to UK sickness benefits in Budget

The UK Budget in five charts: Reeves limits BoE space for rate cuts

Israeli budget hikes military spending, VAT, cuts social services

UK’s rising fiscal burden narrows tax gap with Europe

Volvo Cars says it will not support Northvolt as it slashes sales guidance

Don't be alarmed by conservative guidance after a solid quarter, Jim Cramer says

Extra Extra! The End Times, Onscreen

Steelers' Mike Tomlin says NFL admitted it shouldn't have flagged blocked extra point vs. Jets: 'That's life'

Budget deals struck with all departments, says Reeves

Watch: Budget choices are not easy but responsible, says Reeves

UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing

Budget boost to UK economy forecast to fade after two years

Stellantis Says Moving Quickly to Cut U.S. Inventories

Wool webs, faceless mannequins and creepy lights: five budget Halloween decoration ideas that won’t cost the Earth

UK borrowing costs hit post-election high on eve of Reeves’ first Budget

FirstFT: US consumers continue to spend, spend, spend

UK borrowing costs soar day after Labour government unveiled tax-raising budget

$10mn? $30mn? $100mn? The redefinition of the super-rich

HS2 spent £100mn on tunnel to protect rare bats

How much does a $200,000 home equity loan cost per month now that rates are cut?

Man United legend Sir Alex Ferguson's ambassador role scrapped in cost-cutting move, per report

How much does a $15,000 home equity loan cost monthly now that rates were cut?

How much does a $25,000 HELOC cost monthly now that rates were cut?

Elon Musk Is Giving Away $1 Million a Day in Bid to be the 'Secretary of Cost-Cutting'

How much does a $30,000 home equity loan cost per month now that rates were cut?

Major airlines are cutting services to China or quitting entirely amid low travel demand, high costs

Mercedes-Benz and Porsche look for cost cuts after China slump hits profits

Google employees pressure costumed execs at all-hands meeting for clarity on cost cuts

Moderna posts surprise profit as Covid vaccine sales impress, cost cuts take hold

Trump’s plan to cut taxes on Social Security benefits may cost beneficiaries more in the long run

Spirit Airlines stock jumps 15% after struggling budget carrier said it will sell planes, cut jobs

Topics