The Daily Telegraph reports that P&O Ferries’ owner has cancelled the £1bn expansion of London Gateway port, marking a significant setback for Labour.

A proposal involving private hospitals aims to support the NHS by potentially reducing waiting lists for 2.5 million patients with a £1 billion initiative that could commence within weeks.

The Institute for Fiscal Studies has warned of an impending £25 billion tax increase, with concerns that it could lead to financial challenges similar to those experienced under previous administrations.

The Chancellor is considering reducing the amount allowed for tax-free pension withdrawals to £100,000 following suggestions from think tanks, which could potentially impact retirement planning for many individuals.