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Rachel Reeves planning to raise taxes and cut spending in October budget

Chancellor insists she still has large black hole to fill despite stronger than expected growth in first half of 2024

The Guardian |  | Fuente original

Sewage-spilling English water firms could be denied ‘top marks’ in rankings

Exclusive: Regulator plans tighter rules to stop polluters from using four-star rating to justify high CEO pay

The Guardian |  | Fuente original

Bank of England dismisses Tory claims public sector pay rises will stoke inflation

Bank’s governor says planned awards of 5-6% would have relatively small impact on headline inflation

The Guardian |  | Fuente original

Halla Tómasdóttir to be sworn in as Iceland’s seventh president

Finance entrepreneur becomes second woman to be elected head of state since independence in 1944

The Guardian |  | Fuente original

Some taxes will have to rise in 30 October budget, says Rachel Reeves

Chancellor rules out raising national insurance, VAT or income tax but says ‘difficult decisions to come’ amid £22bn public finance shortfall

The Guardian |  | Fuente original

UK house prices expected to rise over second half of year, says Zoopla

Larger number of homes for sale will help push up prices by 2%, says property portal

The Guardian |  | Fuente original

Rachel Reeves paves way for cuts and tax rises to fill shortfall left by Tories

Chancellor will announce pause in work on a number of infrastructure projects, saying Conservatives ‘covered up’ true state of finances

The Guardian |  | Fuente original