UK economy grew by just 0.1% in third quarter after hit from JLR cyber-attack Figure undershoots forecasts, with Jaguar Land Rover hack helping to pull September GDP down by 0.1%
UK gets record demand at government debt auction; FTSE 100 index sets new closing high – as it happened Sale of index-linked debt sees record demand, while UK bond yields are only marginally higher on the back of ‘political chaos’
Tech shares slide after SoftBank sells Nvidia stake; UK interest rate cut expected in December – as it happened Rolling coverage of the latest economic and financial news
UK unemployment rises to 5%, the highest level in four years ONS says jobs market worsening before budget, as HMRC reports falling number of workers on firms’ payrolls
Rising unemployment could affect budget, interest rates, pay and more Rachel Reeves will need to avoid depressing economy and hitting jobs while raising billions in extra tax
Nexperia row shows how China is weaponising EU relationship – and winning Experts say Brussels must stand up against Beijing using supplies of vital chips and minerals as ‘sword of Damocles’
UK retail sales growth slows as shoppers await Black Friday and budget Industry body says shoppers are waiting for discount day, as Barclays reports falling consumer confidence
‘It will never be forgiven’: UN climate chief warns world to act or face disaster Faltering governments will be blamed for famine and conflict abroad, and face stagnation and inflation at home, says climate chief at start of Cop30
FTSE 100 hits record high as US shutdown breakthrough sparks market rally – as it happened Rolling coverage of the latest economic and financial news, as stocks in London hit new peak
The bond market is wrong. Reeves should not cut welfare to placate the City Keeping the markets on side is the chancellor’s priority but it’s not an easy task given their simplistic, misplaced views on welfare cuts
Businesses worldwide brace for extra Trump tariffs on steel imports Commerce department expected to add about 700 more items with steel content to levy list at request of US firms
US consumer sentiment drops to near record low as shutdown persists Economic concerns felt by Americans of different ages, incomes and political affiliations, survey finds
Stock markets drop amid jitters over US economy and tech valuations – business live The Nasdaq is poised for its worst weekly performance since March.
NS&I increases interest rates on fixed-term savings accounts Treasury-backed provider raises returns by up to 0.31 percentage points but experts say better deals are available
US markets tumble amid Wall Street concern over job losses and AI S&P 500 down 1.1% and Nasdaq down 1.9% as hiring freezes and layoffs sharpen fears US economy is slowing