Rachel Reeves' tax raid on businesses is hitting households at the supermarket till, the Bank of England said.

Sir Keir Starmer defended the government's handling of the economy but failed to answer a question about taxes.

Rachel Reeves' tax raid on businesses is hitting households at the supermarket till, the Bank of England said.

She didn’t want to raise taxes on ‘working people’ but stubborn inflation and a sputtering economy leave the chancellor little choice in October’s Budget, says Chris Blackhurst