Rishi Sunak says Spending Review will not spell austerity

But while ruling out a return to austerity,

Mr Sunak has also warned people will soon see an “economic shock laid bare”.

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Firms warn time is running out to save UK economy

The energy price cap, which limits how much suppliers can raise the cost of household bills, went up to an unprecedented £1,971 in April for the typical household. This was a rise of about £700, and the cap is expected to rise by a further £800 a year in October.

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Heathrow Airport announces more flight cancellations

British Airlines said "a handful" of their flights are affected, Virgin Atlantic said one of their Heathrow to New York return services has been cut in each direction, with Air France, KLM, American Airlines, Delta Airlines, Lufthansa, Aer Lingus, Brussels Airlines...

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