Marks & Spencer has reported a significant drop in profits, halving them after a cyber attack that disrupted both online and in-store sales, costing the company £101 million. This incident highlights the growing threat of cyber security breaches in retail, affecting not just financial performance but also customer trust and inventory management.

In a recent pre-Budget speech, Chancellor Reeves indicated that she would not rule out potential tax increases, stating that she will make 'necessary choices.' This has raised concerns about the financial implications for citizens as the government prepares for the upcoming budget.

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.

The chancellor is considering breaking a long-standing taboo on income tax, believing that voters might accept a broken promise if it leads to significant investment. This move echoes past efforts, like those of Denis Healey in 1975, aimed at addressing economic crises.

Rachel Reeves has sparked discussions by not committing to her manifesto pledge on tax rises, emphasizing the need to confront the current economic reality. She argues that welfare reform is essential, especially as many young people are left without education or employment opportunities. This stance is significant as it reflects the ongoing debate about fiscal responsibility and social support in the face of economic challenges.

Top lawyers in the UK are raising alarms over a concerning trend in political rhetoric that targets migrants, particularly after a Conservative MP hinted at deporting legally settled families. This 'race to the bottom' in political discourse is creating fear among minority ethnic Britons, highlighting the urgent need for a change in how politicians discuss immigration. The implications of such threats could lead to increased division and anxiety within communities, making it crucial for leaders to foster a more inclusive dialogue.

George Weston, the CEO of ABF, which owns Primark, is urging Chancellor Rachel Reeves to refrain from imposing tax increases on consumers in her upcoming budget. He argues that last year's tax-heavy budget negatively impacted shoppers and suggests that the wealthy should bear the tax burden instead. This is significant as it highlights the ongoing debate about fiscal policy and its effects on everyday consumers, especially in the context of rising living costs.

Chancellor Rachel Reeves is weighing the possibility of tax increases and spending cuts in the upcoming Budget set for November 26. This decision is significant as it could impact public services and the economy, reflecting the government's approach to managing financial challenges.