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Families affected will be worse off by more than £1,000 a year

Because it’s still the economy, stupid

Advisers race to rethink approach after Rachel Reeves pledges to bring retirement pots under inheritance levy regime

The company is offering a 38% wage increase over four years in its latest proposal. That is up from its original offer of 25%, which was overwhelmingly rejected by a union local representing machinists.

Apple reported revenue reached an all-time high for the September quarter, propelled by a modest rebound in iPhone sales that came ahead of its release of new artificial-intelligence tools.