Retailers warn inflation could hamper UK shoppers in run-up to Christmas British Retail Consortium figures come alongside data showing a fall in household disposable income
Ireland prices corporation tax loss from Trump policies at €10bn Figure costed for three multinationals repatriating to US after nomination for commerce secretary hits out at Ireland’s tax regime
‘We had no alternative’: Reeves defends her budget to the CBI Chancellor tells business leaders she stands by tax rises and points to Labour’s pro-growth policies
UK politics: Badenoch refuses to commit to reversing rise in employers’ national insurance in speech at CBI – as it happened Tory leader says she will not ‘comment on every bit of micro-policy’
Inheritance tax on farms should be delayed to avoid unfairness, says thinktank IFS suggests making gifts of land before a certain date tax-free so that elderly farmers would not be caught out
Cop29 deal fails to consider inflation so is not tripling of target, economists say Experts say financial movements mean poor nations will in effect get billions less in value from £300bn pledge
Wall Street hits record high after Scott Bessent nominated as US Treasury secretary – as it happened Bonds rally and dollar dips as investors welcome choice of billionaire hedge fund manager Bessent as next Treasury secretary
Trump tariff on China could lower global inflation, says UK economist Bank of England’s Swati Dhingra says threatened 60% tariff could lead exporters to cut prices elsewhere
Multilateralism faces a toxic brew of debt, climate crisis and war. It’s time for a reboot The stakes are high for donors at next month’s IDA summit in Seoul, but not investing in development means more instability globally
Possible Europe-US trade war could push euro into parity with the dollar If Donald Trump imposes tariffs on EU imports the eurozone is likely to take a hit, causing euro to slide further
Retailers prepare for cautious Christmas as a chill settles on consumers A late Black Friday and a mild October mean seasonal sales have got off to a slow start, and hopes are not high
Labour could be knocked off course as it sticks to £40bn mission The government’s pact with voters relies on it delivering on its promise of growth but the early omens are unsettling
Without the EU, the joke is on us if Trump gets his tariffs Stronger ties with the single market is the only way to stop the president-elect from having the last laugh
Remember the global financial crisis? Well, high-risk securities are back The shadow banking sector is trying its hand at trading in debt-based products such as collateralised loan obligations
‘Sitting with their head in their hands’: farm equipment suppliers fear for impact of budget Traders at a big machinery show say inheritance tax changes affecting the rural economy have had an immediate impact on business