Healey hits banks and savers to fund modest Budget handout

Chancellor opts for limited household relief while delaying tough decisions on welfare and defence spending

Oracle jumps 12% as it tells investors its AI bet will pay off sooner than expected

Database group projects $30bn in free cash flow by 2029 and will limit additional raising for data centre strategy to $20bn

London cap for new first-time buyer scheme ‘needs urgent rethink’

Effectiveness of measures to help buyers on to the ladder called into question while interest rates are elevated, housing experts warn

Can the chancellor deliver on his promise of fiscal discipline?

British governments have a history of overpromising and underdelivering when it comes to deficit-reduction efforts

Weil leadership to tell partners firm should be dissolved

Decision marks stunning downfall for near-century-old law firm that was among America’s largest and most prestigious

Healey fiddles while the UK stagnates

The government has behaved sensibly, even though its measures evoke little enthusiasm

HMRC prepares £1.3bn tax squeeze on self-employed

Move is attempt to align their treatment with that of employees, whose tax is collected with each monthly payslip

Let’s keep Isas simple

The chancellor has made welcome changes to tax-free saving and investing but could go further still

‘Is that it?’: Opposition parties attack Healey for lack of ambition

Tories, Greens and Lib Dems dismiss chancellor’s first Budget as ‘nothing-burger’

Britain’s Budget buys time but ducks the hard choices

Healey’s low-key package sidesteps long-term fiscal and growth challenges

Property tax rise will push more landlords to sell, Healey warned

Measure will yield £575mn for Treasury in 2028-29, but estate agents say it will add to pressures in private rental sector

US judge overseeing Maduro case dies at 92

New York native presided over some of the most high-profile cases in recent American history

Investors bet on Miami’s luxury boom with $817mn skyscraper deal

Elliott-backed private lender makes Florida’s largest-ever condo construction loan

UK living standards will flatline this decade, says OBR

Fiscal watchdog sees ‘grim’ outlook for real household disposable income as energy prices and taxes rise

Netanyahu ahead but no clear winner in Israeli election

Prime minister urges rivals to join Jewish coalition and shun Arab parties as neither bloc set for majority

Fed holds rates as expected and upgrades view on economy

The decision to hold rates at the October meeting was less contested than we expected

Airbus profits drop as plane deliveries slow

The world’s biggest maker of aircraft has held on to its full-year target of 870 deliveries despite production challenges

Peltz’s Trian makes $3.8bn take-private offer for fast-food chain Wendy’s

Approach marks latest episode in investment firm’s longstanding involvement with the burger and shake company

Lancashire, Devon and Surrey to have elected mayors as Burnham pushes devolution

Chancellor John Healey unveils plans for series of regional authorities in southern England and the Midlands

Sovereign wealth funds to be taxed on UK property investments

Change is set to hit countries such as the Gulf states that are big property investors in Britain

Meloni’s government passes EU-compliant budget for 2027

Italy’s three-party governing coalition sets out €26bn package of tax cuts and spending increases

Cash Isa U-turn a ‘victory for common sense’ say wealth managers

The chancellor scrapped his predecessor’s plans to cut the annual tax-free limit to £12,000 a year

How Israel’s opposition fell short against Netanyahu

Those long opposed to the prime minister fear they have missed a historic opportunity to oust him

Budget in brief: what you need to know

A quick guide to John Healey’s main policy announcements and official economic forecasts