Industry’s Spending Election

The Papers on the Budget: 'Spending power' and 'nightmare on Downing Street'

Reactions to the Budget, which saw large rises in both tax and public spending, lead the papers.

Workers warned Budget tax rises will hit their wages

Economists say tax rises in the Budget will mean employers have less to give as pay rises.

Meta and Microsoft Won’t Stop Spending on AI

Both tech giants reported strong third quarters but their stocks fell anyway.

Business - Inc. - 6 days ago

U.K. Budget Makes a Big Bet on Spending for Growth

The Labour Party is betting that extra spending on public services and more investment will eventually revitalize the country’s stagnant economy.

Business - The New York Times - 6 days ago

Rachel Reeves loosens UK welfare spending target

Ceiling rises 20% over 5-year period to £200bn to avoid ‘having to take short-term decisions’

World - Financial Times - 4 days ago

The Guardian view on Europe’s struggling EV industry: driving in the slow lane | Editorial

Insufficient investment and the withdrawal of subsidies and incentives are damaging a sector that is vital to the green transition. Earlier this year, a French experiment offered a startling ...

World - The Guardian - October 13

Limp Bizkit’s fraud lawsuit rattles music industry: ‘These accusations are massive’

Band alleges that Universal Music Group owes it more than $200m after concealing royalties. One of the world’s largest music companies has been accused of depriving “potentially hundreds” of ...

World - The Guardian - October 13

U.K. Gambling Stocks Fall on Reports of New Industry Taxes

Shares in Evoke, Entain, Flutter Entertainment and Rank Group tumbled on the back of the reports, which suggest that the U.K. government is aiming to raise up to $3.9 billion from the sector.

Business - The Wall Street Journal - October 14

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