The recent interest rate decision by the Bank of England was made with a very slim margin, leading to heightened anticipation for the upcoming December meeting. This decision is crucial as it will impact borrowing costs and economic growth, making it a key focus for both consumers and businesses.

Sainsbury's CEO Simon Roberts has expressed concerns about consumer spending as shoppers are becoming more cautious ahead of the upcoming budget. He urged Rachel Reeves to avoid tax increases on retailers and suppliers, which could further fuel inflation. This situation is significant as it highlights the challenges faced by retailers in a tightening economic climate, potentially impacting their sales and the broader economy.

The Bank of England has decided to maintain interest rates at 4%, signaling concerns about rising unemployment and sluggish economic growth. This decision comes as Rachel Reeves gears up for a critical budget, highlighting the challenges ahead for the UK economy. The stability in borrowing costs may provide some relief, but the warning of increasing joblessness raises alarms about the potential impact on households and businesses. It's a pivotal moment that could shape the financial landscape in the coming months.

Rachel Reeves is contemplating a new pay-per-mile tax for electric vehicle (EV) drivers, which could add an average of £250 to their annual costs. This proposed charge of 3p per mile aims to compensate for the declining revenue from traditional petrol and diesel vehicles as more drivers transition to EVs. This move has sparked concerns among EV owners, who may feel unfairly targeted as they already contribute to road taxes. The announcement is expected during the budget reveal on November 26, making it a significant topic for both the automotive industry and consumers.

As President Trump marks a year since his victory, BBC Verify takes a closer look at his promises to tackle rising prices and inflation. The analysis reveals a mixed picture of progress and challenges, prompting discussions about the effectiveness of his policies. Understanding how these economic changes affect everyday life is crucial for voters and the broader economy.

As the budget approaches, most analysts predict that the Bank of England will keep interest rates steady at 4%. This decision is significant as it reflects the central bank's cautious approach to economic stability, especially with potential cuts on the horizon in December. Understanding these trends can help individuals and businesses plan their finances more effectively.

Stuart Machin, the CEO of Marks & Spencer, expressed concerns that Rachel Reeves' recent pre-budget speech has heightened anxiety among shoppers regarding rising costs. This sentiment reflects a broader worry in the retail sector, as customers are increasingly apprehensive about potential tax increases that could impact their spending power. The implications of such economic uncertainty are significant for retailers, as consumer confidence is crucial for sales.

Chancellor Rachel Reeves is contemplating cutting funding for energy-efficient homes to help reduce energy bills by up to £170. However, industry insiders warn that this move could have disastrous consequences for the green energy sector.