Exclusive: British Chambers of Commerce president calls for overhaul of business rates and greater powers for local leaders

• How Middleton’s revival could inspire struggling towns

• What makes a good town? Here are five key ingredients

Andy Burnham has been urged by one of his most senior former advisers to tax internet sales more heavily than in-store purchases to help “level the playing field” for struggling high streets.

As the prime minister and his chancellor, John Healey, prepare for their first budget next week, Andy Haldane joined calls for action to stop more shops closing across the UK.

Supermarket urges government not to ‘further aggravate’ pressure on costs for businesses in next week’s budget

Sainsbury’s has warned of a “pretty challenging” market in the run-up to Christmas as households are “finding it tough” and food producers face rising costs.

Simon Roberts, the chief executive of the UK’s second biggest supermarket, called on the government not to “further aggravate” pressure on costs for business in this month’s budget. He said it was “important this government does not repeat what we have seen in previous budgets” in raising business rates and employers’ national insurance contributions. “That’s been really hard,” he said.

Organisations around the world scrambling to fix a critical security flaw in the programming language PHP used by the majority of websites

The Office for National Statistics has also published a report on the gender pay gap. It says:

The gender pay gap for full-time employees has continued to decline in the UK. It was 6.8% in April 2026, down from 7.2% in April 2025. This compares with 9.4% a decade ago and 16.4% 25 years ago.

Secondly, I asked Healey whether he sees the banks as making excessive profits, which would be the coherent justification for him to increase the surcharge on bank profits – as he is expected to do in the Budget next week.

He said: “You know the banks are the engine of investment in this country. The banks are doing well at the moment and that is good to see.

Equating to the loss of 5% of its 93,000 global staff, job cuts come as bank announces jump in quarterly profits

• Business live – latest updates

Barclays is cutting 5,000 jobs as part of wider cost-cutting plans that its bosses say are being driven by advances in AI.

The job cuts will mean losing about 5% of the bank’s 93,000 global staff, with executives confirming they had already cut 1,000 workers since the start of the year.