Real living wage to rise by almost 7% in boost for low-paid UK workers Hourly rate to increase by 95p to £14.80 in London and by 85p to £13.45 for the rest of the country
Stuart Gulliver obituary Economic development strategist who helped make Glasgow a cultural centre of international standing in the 1980s and 90s
Reeves says economic damage caused by Brexit forcing her to take action in budget Chancellor, who is expected to announce tax rises and spending cuts, says effect of leaving bloc worse than predicted
UK office, shop and warehouse construction plunges to 11-year low as costs soar Investment in offices falls amid uncertainty over pricing, volatile geopolitics and the economy
Bank of England chief warns of ‘worrying echoes’ of 2008 financial crisis Andrew Bailey says a close look is needed at the private credit market after collapse of two big US firms
UK borrowing reaches five-year high for September at £20.2bn Rising debt interest and welfare costs push public finances deeper into red before Rachel Reeves’s budget
Reeves has mountain to climb in budget after borrowing rise Public finances figures contain no shocks but will underline need for either hefty tax rises or spending cuts
Amazon says Web Services are recovering after outage hits millions of users – as it happened Fortnite, Roblox, SnapChat, Lloyds Bank, Ring doorbells and Amazon’s own shopping site among services hit by online outage
Amazon Web Services outage shows internet users ‘at mercy’ of too few providers, experts say Crash that hit apps and websites around world demonstrates ‘urgent need for diversification in cloud computing’
China’s economic growth slows amid Trump tariff war and property woes GDP rises by 4.8% year on year between July and September, down from second-quarter growth rate of 5.2%
What the west can do to stop the global south being strangled by debt Labour would do well to remember its manifesto promise to revive Britain’s global leadership on development
‘Disorder, fright and confusion’: looking back at the devastating Wall Street crash of 1929 Andrew Ross Sorkin’s new book 1929 takes readers back to the crash that changed the US and looks at what we can learn from it today
What is private credit, and should we be worried by the collapse of US firms? First Brands and Tricolor failures raise concerns for wider financial sector, including traditional banks
Nearly £11bn wiped off UK banks after US regional banking fears spooked markets – as it happened European stock markets have fallen after two US regional lenders disclosed on Thursday that they were exposed to alleged fraud by borrowers
‘A foot out in the cold’: leaders huddle at IMF as icy economic winds blow Worries over private credit, tax and spend, skittish bond markets and tariff chaos dominate meeting in Washington