Tax rises in budget sap UK consumer confidence and will hit pay growth, say reports Survey shows households’ economic fears, while Goldman Sachs predicts impact of increase in employer NICs
UK consumer confidence drops as household finances are squeezed; UK and US sign civil nuclear collaboration deal – as it happened Rolling coverage of the latest economic and financial news
Budget tax rises could push more firms into trouble, says insolvency specialist National insurance increase and higher interest rates mean company failures will stay high, says Begbies Traynor
Be brave and impose minimum tax on world’s billionaires, urges Spanish minister Carlos Cuerpo calls on G20 leaders to act and says election results show citizens want redistribution of wealth
Starmer aims to build ‘pragmatic and serious relationship’ in meeting with Xi Prime minister wants bilateral at G20 to lead to closer ties with China, which he sees as key to faster growth
Talks are a good place to start task of improving the UK’s social care Productivity and quality in a sector that is its workforce will require even more money after national insurance rises
‘You betrayed us’: how UK farmers swiftly turned on Labour over inheritance tax plans The government’s budget has caused a rupture with the farming community, who have vowed to ‘fight their corner’
The Observer view on trade relations: closer ties with EU is the lever for economic growth Amid sluggish UK productivity and global insecurity, pulling closer to Europe is diplomatically and economically vital
Streeting’s reforms could save the NHS from the private sector. He must not fail Fears over the health secretary’s plan are understandable. But patients and doctors alike are now fleeing the service for other providers
Will ‘full-blown Trump’ tariffs drive Britain back into the arms of Europe? The president-elect’s unpredictability on trade has experts guessing about his impact on the UK economy – but some find glimmers of hope in the gloom
Reeves tells City regulator to encourage more risk-taking in financial sector New remit given to FCA by chancellor raises fears of a weakening of rules brought in to avert another financial crisis
UK growth slows but December interest rate cut unlikely; vaccine-maker shares hit by RFK Jr nomination – as it happened Latest UK GDP growth report shows UK grew by just 0.1% in July-September, a slowdown on the first half of the year
Shrinking GDP forecast adds to German woes after coalition collapse European Commission figures predict German economy, usually the engine of the EU, will contract O.1% this year
Could Labour build closer EU trade ties and would this increase growth? Bank of England governor says Brexit has harmed UK economy, while Donald Trump will also complicate matters
Few expected Britain to boom but the GDP figures will worry the Treasury Summer slowdown raises questions of whether Reeves’s bleak outlook in the run-up to the budget hindered growth