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Chancellor’s decision comes as government seeks to work with the private sector to decarbonise the economy

UK shadow chancellor says Labour within ‘touching distance’ of victory on July 4

Chancellor does not want to give ‘false hope’ to proponents of partially private-funded rail link

Budget move on individuals’ income could raise £7bn a year towards plugging £40bn fiscal shortfall

Chancellor may need to look at deeper spending cuts if fiscal watchdog revises productivity expectations

The fact that the Treasury has even tried to intervene could be seen as a positive for industry more broadly

Labour’s shadow chancellor has previously called for reforms to cut relief on retirement savings

Chancellor plans set-piece new year speech to reboot growth ‘mission’ as invidious fiscal choices loom

UK chancellor says ‘there is a cost to not settling’ even as Treasury grapples with straitened finances

Plus, inflation updates from the US and Germany while the ECB is expected to lower borrowing costs by a quarter-point