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 - 7 hours ago

Reeves cuts National Wealth Fund budget despite UK investment drive

Chancellor’s decision comes as government seeks to work with private sector to decarbonise economy

Business - Financial Times - October 14

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 - 15 hours ago

Business and wealthy bear brunt of £40bn tax increases in UK Budget

Markets unsettled by extent of government borrowing as Rachel Reeves boosts spending

Business - Financial Times - 4 hours ago

Chancellor to announce five new UK freeports in the Budget

Labour to expand tax-free import scheme in a bid to boost economic growth across the country

Business - Financial Times - 5 days ago

Boeing competitor Airbus to cut up to 2,500 jobs in space, defense sector

Boeing competitor Airbus on Wednesday announced it would take steps to cut 2,500 jobs in the company’s defense and space division through the middle of 2026. Airbus said the job cuts would result ...

Politics - The Hill - October 17

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

How can Rachel Reeves fill the UK’s £40bn Budget gap?

Chancellor’s options hemmed in by Labour election promises and NHS spending

Business - Financial Times - October 18

Reeves Puts Bond Market Over UK Ministers in High-Risk Budget

World - Yahoo News - October 19

FirstFT: Harris calls on America to ‘turn the page’ on Trump

Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after results

World - Financial Times - 13 hours ago

Top UK law firms raise hourly rates by 40% in five years

Inflation and growth of US firms in London push up charges at British counterparts, according to PwC survey

Business - Financial Times - October 20

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

Five frightening financial charts for Hallowe’en

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World - Financial Times - 17 hours ago

Can Rachel Reeves use her defining Budget to escape UK's 'doom loop'?

The chancellor is under massive pressure to deliver - both to balance the books and fix public services.

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 - 14 hours 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 - 18 hours ago

Reeves’s invidious choices in the Budget

As the FT’s chancellor game shows, the new ‘golden rule’ is her binding constraint. Meeting it could bolster fiscal credibility

World - Financial Times - October 16

Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live

Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...

World - The Guardian - October 15

UK inflation falls to lowest level in over 3 years, cementing expectations for another rate cut

Inflation in the U.K. has fallen to its lowest level in more than three years, a drop that has cemented market expectations that the Bank of England will lower interest rates at its next policy ...

World - ABC News - October 16

Odds of November interest rate cut jump as UK inflation drops to 1.7% – business live

UK inflation drops below 2% target in September , weakening pound and raising chances of an interest rate cut in November. Today’s report shows that prices in the UK are rising a little slower than ...

World - The Guardian - October 16

Economists see UK cutting interest rates more substantially as inflation pressures ease

Economists at Goldman Sachs forecast the Bank of England's key rate falling to 2.75% by November, well below market pricing.

Business - CNBC - October 22

UK Treasury chief Rachel Reeves unveils budget with 40 billion pounds in tax hikes, says she'll “invest, invest, invest”

World - ABC News - 10 hours ago

Boeing Explores Sale of Space Business

New CEO seeks buyers for Starliner and other NASA projects in quest to rescue manufacturer.

Business - The Wall Street Journal - 5 days ago

Rachel Reeves’s Budget balancing act

The chancellor’s tax plans must avoid overburdening business and investors

Business - Financial Times - October 21

Faisal Islam: Where is the growth in Reeves' 'Budget for growth'?

Labour's first Budget in 14 years had a lot to say about growth, but forecasts paint a mixed picture.

ECB’s Lagarde: ‘We’re breaking the neck of inflation’ after cutting interest rates – business live

Rolling coverage of the latest economic and financial news. Newsflash: Inflation across the eurozone fell by more than initially thought last month, which may cement the chances of interest rate ...

World - The Guardian - October 17

Bank of Canada resorts to jumbo rate cut as growth falters

Slowdown prompts shift to 50bp reduction, with rate-setters saying borrowing costs are likely to fall further

World - Financial Times - October 23

Boeing-made satellite breaks up in space

The "total loss" of the communications satellite has affected Intelsat customers around the world.

Reeves signals business taxes will rise in Budget

Chancellor says companies understand government must make ‘difficult decisions’ to balance books

Business - Financial Times - October 14

Reeves looking at sweeping inheritance tax changes in Budget

UK chancellor considers extending ‘seven year rule’ on gift giving to 10 years among other reforms

Business - Financial Times - October 18

Budget deals struck with all departments, says Reeves

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

Reeves pledges £1.4bn for 'crumbling' classrooms ahead of Budget

The chancellor says the government will ensure that 50 schools in England are rebuilt every year.

Reeves will not unveil new freeports in Budget, officials admit

One government figure says Downing Street announcement on Friday was ‘total cock-up with the comms’

Business - Financial Times - 3 days ago

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