How could Reeves hit gambling firms – and are they fearmongering over impact?

The UK government borrowed nearly £10 billion more than expected in the year leading up to October, with total borrowing reaching £17.4 billion last month, according to the Office for National Statistics. This data comes just ahead of Chancellor Rachel Reeves's upcoming budget statement, prompting calls for her to create more fiscal headroom against her fiscal rules.

Rachel Reeves, the UK's first female chancellor, expressed her frustration with individuals 'mansplaining' her role as she prepares to present her budget next week. In an interview, she highlighted the pressures of her position amid ongoing political scrutiny and attacks.

Tax experts indicate that proposed changes to tax credit eligibility by the Treasury could adversely affect immigrant taxpayers, particularly those brought to the U.S. illegally as children and those with Temporary Protected Status.

Chancellor Rachel Reeves is preparing to unveil her second Autumn Budget amid a struggling economy, with tax increases anticipated. Analysts are closely monitoring the situation as the budget announcement approaches, expected to include significant fiscal measures.

US stocks ended lower as concerns over valuations and uncertainty regarding Federal Reserve policies weighed on investor sentiment. Treasury yields also declined, reflecting a cautious market environment. The downturn signals growing apprehension among investors about economic stability and potential interest rate adjustments.

Treasury yields fell as bond markets rallied, reflecting a positive sentiment among investors. This decline comes as markets anticipate a pause in interest rate cuts by the Federal Reserve, following mixed signals regarding employment data. The overall market sentiment remains cautious as investors digest the implications of recent labor statistics.

Experts are urging Chancellor Rachel Reeves to initiate a comprehensive revaluation of council tax properties in the upcoming budget. This call comes as the Treasury is reportedly planning to update the valuations of homes in the top three council tax bands, which have not been revised since 1991. The proposed changes aim to address disparities in council tax bills across different regions.

Chancellor Rachel Reeves is set to announce a £1.7 billion plan for the extension of the Docklands Light Railway (DLR) to Thamesmead, one of London's most deprived areas. This funding aims to improve connectivity and is expected to facilitate the development of thousands of new homes in the region. The announcement is anticipated during the upcoming budget presentation next week.