Latest in IMF hails Reeves’ ‘sustainable’ tax rises; Resolution Foundation says budget marks ‘decisive shift from planned cuts’ – business live

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Trump plan would make Social Security insolvent in just 6 years, budget group says

Republican Donald Trump and Democrat Kamala Harris have both vowed not to cut the popular government programs Social Security and Medicare.
Business - CNBC - October 21
Inheritance tax reforms to hit business owners and farmers

Tax relief to be capped on assets worth more than £1mn
World - Financial Times - 20 hours ago
Volkswagen plans to close at least 3 German plants and cut thousands of jobs

Europe’s largest carmaker tells works council it would slash pay by 10%
Business - Financial Times - 3 days ago

Trump plan would make Social Security insolvent in just 6 years, budget group says