1. Budget is 'going to be painful,' PM Keir Starmer warns
Speaking at Downing Street on Tuesday, Starmer said there was “no other choice” as the Labour government approaches its first budget on October 30.
2. FTSE 100
Stocks up
3. Bunzl jumps 11% to new all time high on new buyback commitment
The highly acquisitive company announced the eighth addition of the year today, Australia’s PowerVac, which has taken annual committed acquisition spend so far this year to a company record of above £650 million.
4. Cladding to be probed as Dagenham fire prompts calls for building reform
Fire Brigades Union general secretary Matt Wrack said the fire was the latest case in a “national scandal” over building safety.
5. easyJet soars as Ryanair reassures on ticket prices
Ryanair boss Michael O’Leary said in an interview earlier on Tuesday that fares would likely fall closer to 5% this summer, against anticipations last month of a 10% drop.