Fri. Sep 25th, 2020

Britain runs up biggest October budget deficit in five years – business live

11.52am GMT

Jeremy Corbyn has launched the Labour manifesto (entitled: It’s Time for Real Change) in Birmingham, and said a Labour government would slap an £11bn windfall tax on oil and gas companies to create a “just transition fund” and help shift the UK towards a green economy without creating mass job losses.

Related: Labour to slap £11bn tax on oil and gas firms to fund green plan

11.02am GMT

In other news … the best mince pies this year are from Marks & Spencer, according to baking experts at Which? who did a blind test of the 11 supermarket premium mince pies. Iceland is the (much cheaper) runner-up.

My colleague Patrick Collinson writes:

The best buy went to M&S Collection Mince Pies, priced at £2.50 for six. Which? experts said they had a “quintessentially Christmassy aroma”, praising the “golden, buttery pastry” and the “boozy, fruity mincemeat” and describing them as attractive-looking pies.

Related: Which? reveals its pick of the best supermarket luxury mince pies

Continue reading…UK public borrowing surges to £11.2bn, as OECD warns on slower UK growth next yearThink tank also predicts lowest global growth since financial crisisLabour to slap £11bn tax on oil and gas firms to fund green planStock markets fall amid worries over delay to US-China trade deal, despite a pledge from Beijing that it will try hard to reach a trade deal 11.52am GMTJeremy Corbyn has launched the Labour manifesto (entitled: It’s Time for Real Change) in Birmingham, and said a Labour government would slap an £11bn windfall tax on oil and gas companies to create a “just transition fund” and help shift the UK towards a green economy without creating mass job losses. Related: Labour to slap £11bn tax on oil and gas firms to fund green plan 11.02am GMTIn other news … the best mince pies this year are from Marks & Spencer, according to baking experts at Which? who did a blind test of the 11 supermarket premium mince pies. Iceland is the (much cheaper) runner-up.My colleague Patrick Collinson writes:The best buy went to M&S Collection Mince Pies, priced at £2.50 for six. Which? experts said they had a “quintessentially Christmassy aroma”, praising the “golden, buttery pastry” and the “boozy, fruity mincemeat” and describing them as attractive-looking pies. Related: Which? reveals its pick of the best supermarket luxury mince pies Continue reading…