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How will the UK Budget affect you? Bookmark our blog for live updates and expert analysis as Chancellor John Healey delivers his first Budget speech

Is there anything more off-putting than someone trying desperately to shill their brilliance? Jo Ellison doesn't think so:

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Why small-fry Budget measures can still have a big impact

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Big Tech companies lost nearly $900bn in market value after another sharp rise in their spending in the third quarter, which has turned some of the most profitable businesses in history into cash incinerators as they stake their futures on AI.

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At the reborn Simpson’s Tavern in the City, there’s beef-dripping chips, a magnificent venison pie and the sort of rich, old-school cooking that would delight a character in a Trollope novel:

An American lawyer, a banker and a former spy hatched a plan to prevent nuclear Armageddon. They just needed to tell the Russian president

Here are five key takeaways from today's Budget. Get more insights and analysis from the FT here:

Big Tech sheds nearly $900bn in rout over soaring AI spending

The president’s sons Donald Jr and Eric have met world leaders and foreign officials while building a lucrative web of financial interests.

The two pragmatists leading the race to run the ECB

A shortage of places to park the world’s growing fleet of luxury vessels is driving up prices — and turning marinas into a hot new asset class for investors.

Measles surge exposes Republicans’ vulnerability on vaccines

Today's Budget offers a welcome change to the Lifetime Isa for first-time buyers. The property price cap has not risen with inflation since the Isa was introduced nearly a decade ago

Nscale, one of the UK’s most valuable AI start-ups, is banking on a vast US data centre project to underpin its planned $35bn IPO, despite mounting construction setbacks, local opposition and financing risks.

HMRC creates list of 200 billionaires in tax crackdown on UK’s wealthiest

The party of Israeli Prime Minister Benjamin Netanyahu claimed this week’s elections were 'stolen' after an unprecedented surge in Arab voting prevented his electoral bloc from claiming an outright victory.

French government and corporate bond yields are converging | opinion

Carney’s energy ambitions boosted by Conservative victory in British Columbia

The Office for Budget Responsibility has sharply increased its forecasts for inflation, reflecting a surge in energy costs following the outbreak of war in the Middle East

BP’s profits surge to record on back of high fuel prices

The thwarted Budget of a thwarted government

Netanyahu’s party claims election ‘stolen’ by ‘foreign entities’

As disorder engulfs Paris, the political centre collapses and Marine Le Pen approaches power, the country is running out of money, patience and answers. Simon Kuper asks what happens next:

The man whose show had for years functioned as a bullhorn for Republican leaders is now being portrayed by many of those same lawmakers as an unhinged has-been, exiled to Maine. But does Trump’s loudest critic still have his finger on America’s pulse?

Landlords are another group hit in today's Budget — will they pass these additional costs onto their tenants?

Why is Donald Trump trying to get the International Criminal Court shut down? John Reed explains what’s behind the campaign to dismantle what the US president calls an ‘anti-American tribunal’

Finally, after Liz Truss, an actual mini-Budget

Bolsonaro’s clandestine journey to Miami included stops in Argentina and Ecuador and a blizzard of misinformation thrown up by allies to obscure his movements. Full story here:

If you walk into a supermarket nowadays and look on the shelves, more and more products include ‘added protein’. But is this protein boom a good thing?

RT @tejparikh90: Britain needs ‘chainsaw economics’. My latest column for @FT. Shock therapy can liberate the UK economy from a cycle of low growth, rising debt and an expanding state:

There is a significant raid on the wealthy in this Budget, with a fresh swoop on those getting their income from property and savings. This includes income tax on property and savings for additional-rate taxpayers hitting 49p. Here's what you need to know:

French economy contracts 0.1 per cent in third quarter

John Healey claimed his first Budget 'for working people' would help Britain navigate global 'storms' in the short term and create the conditions for growth. What does former Bank of England chief economist Andy Haldane make of it? Follow updates:

Breaking news: Alphabet shares tumbled 13% on Thursday after the Google owner revealed that 'AI mode' searches were threatening profits at its core advertising business.

Ukraine military says Starlink service restrictions have been removed

Martin Wolf on the US midterms: What’s at stake for the world?

Lloyd's Banking Group is up 4.2%, Barclays up 3.7% and NatWest 2.4% as UK chancellor John Healey announces he will raise taxes on banks by less than expected

The outgoing ECB president has steered the central bank through the worst pandemic in a century, the bloodiest war in Europe since 1945, the biggest inflation shock in a generation and a US trade war. What will define her legacy?

Fed to decide on potential rate rise before US midterms

Breaking news: The US economy expanded at an annualised rate of 3.4% in the third quarter, topping Wall Street expectations as the AI spending boom continues to fuel growth

The novelist and playwright on remaining creative after the fall that left him tetraplegic, the politics of multicultural London and when Elton John turned up at his wedding – over a River Cafe lunch with the FT's Rebecca Watson:

FT Exclusive: About 69% of registered voters, and almost 50% of those who voted for the president in 2024, said they were 'very' or 'somewhat' concerned about 'corruption, self-dealing or conflicts of interest' in the Trump administration.

Ladbrokes owner Entain is up 7% and Mecca Bingo owner Rank Group up 7.5% after chancellor John Healey announced a smaller rise in the tax levied on slot machines than expected

Europe divided over how to influence US-Russia talks

Missed the UK Budget? Here's a quick recap of the major announcements and official economic forecasts

US economy beats forecasts to grow at 3.4% rate in third quarter

UK mortgage market ‘failing to adapt to new patterns of work’

London’s most famous shopping street bans cars in bid to revive its fortunes

How will the Budget affect you? The announcement of paternity leave for self-employed fathers is a major milestone, says our contributing editor Camilla Cavendish

Why you can’t bank on bank shares | opinion

How will John Healey’s revised UK inflation forecasts affect the tax you pay? Use the FT’s fiscal drag calculator to estimate how frozen tax thresholds could increase your income tax:

Rosebank is needed for UK energy security | opinion

Don’t let the future rob you of the present | opinion

Britain needs ‘chainsaw economics’

Here's what John Healey has pledged for small businesses so far: 👉 The rates relief threshold will increase to £18,000 from £12,000 👉 A cut in business rates will extend to more shops, restaurants and gyms

How leaders can adapt to an unknowable AI future | opinion

Opinion: Rising costs everywhere from insurance to lawn care mean almost half of US homeowners lack financial breathing room.

Europe’s strange inability to put its money to work | opinion

‘A delicious fantasy of Britishness’ — Jay Rayner reviews Cloth Cornhill | opinion

Kim Jong Un said North Korea is ready to work with China and 'expand practical co-operation' during his visit at the Chinese border city of Dandong.

Serbia and the power of the ballot box | opinion

Channel 4’s tie-up with Disney goes back to its disruptive roots | opinion

JetBlue tries to sweet-talk an unforgiving bond market | opinion

Can I change my divorce settlement after my ex-partner’s inheritance? | opinion

California wines don’t age? Think again | opinion

Students worry AI is about to kill their future

John Healey has pledged £100 energy support for 20mn households — good news for people with homes in council tax bands A to D

What moves hyperscaler stocks? | opinion

AI agents need middle managers too | opinion

DoorDash to acquire Instacart for $17bn

How much should you plan for your financial future? | opinion

US voters worried about corruption under Trump — FT poll

As the Office for Budget Responsibility downgrades its forecast for GDP growth next year to 1%, our economics commentator Chris Giles offers this analysis:

The story of Anthropic in three numbers | opinion

Video shows Donald Trump Jr. on a hunting expedition in the Mongolian wilderness. But the video doesn't show one of his more unusual hunting companions: Russian oligarch Umar Kremlev.

China’s leaders vow tougher corruption crackdown

The curse of overexposure | opinion

Audi to build $4bn US plant as it grapples with tariffs

John Healey wants to give families 'breathing space in the here and now' but our columnist Camilla Canvendish has a warning for him

The streaming group is aiming to offer a new product that would allow paying subscribers to manipulate existing songs by artists who have agreed to participate. How could it reshape the music industry?

Healey avoids bond market wobble with ‘uneventful’ first Budget

How corruption became a top voter issue in the US midterms

The money questions children ask AI chatbots | opinion

More than 400,000 people have joined demonstrations across France, a week after widespread rioting shocked the nation, as Emmanuel Macron’s government steps up policing in a bid to deter further disorder.

John Healey said he had drawn up a Budget against a backdrop of swirling geopolitics but will aim to 'unleash innovation and growth in every postcode' and will tackle 'big challenges' on energy, national security and public services

‘A pile of muscle’: Trump closes midterm pitch with surreal messaging

Healey delivers a Budget with echoes of Reeves

Will the Budget leave you better off? The chancellor intended to deliver ‘everyday fixes’ to the UK’s financial concerns — read what this means for your money here:

Amelia Earhart and the allure of an unsolved mystery | opinion

What my most embarrassing job interview taught me | opinion

Opinion: chancellor John Healey must seize opportunities such as tax reform and radical devolution, but the overwhelming priority of this Budget must be to make the UK look prudent. Read @martinwolf_'s column here:

Spotify aims to launch AI music remix service early next year

The fear factor giving Netanyahu the edge

Breaking news: Christine Lagarde is to step down as European Central Bank president nine months early, setting up a leadership contest just as the central bank faces a resurgence in inflationary pressures

Reform’s former policy chief steps down from Cambridge management roles

‘Designer baby’ start-ups test limits of biotech taboo

Prediction markets are turning Washington into a casino

Why Trump’s tech dreams are quietly crumbling

Healey hits banks and savers with tax rises in Budget ‘for working people’

Good morning London. While you were sleeping, this was our most-read story:

China’s luxury brands are ready to elbow western rivals aside | opinion

More than 1mn antiquities returned to countries of origin

The Budget is one of the quintessentially British political spectacles. But how exceptional is the reality facing the UK chancellor John Healey? Take our quiz to test your knowledge:

Inside the make-or-break AI mega-project behind Nscale’s $35bn IPO

By the end of the decade local leaders in the UK will retain 100% of business rates and from 2028 a share of income tax receipts will also go to mayors

Any stock dips after the midterms are likely to be opportunities | opinion