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UK government borrows more than expected in setback before budget

October figures represent final snapshot of public finances before Rachel Reeves’s tax and spending statementBusiness live – latest updatesThe UK government borrowed more than expected in October, official figures show, in the final snapshot of the public finances...

Labour MPs urge Reeves to drop private finance plans for NHS buildings

Chancellor told PFI-style schemes familiar from New Labour era are ‘fiscal illusion’ offering no value for moneyRachel Reeves has been urged by 40 Labour MPs to drop plans to fund NHS buildings with private finance initiatives (PFI) that would saddle the health...