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The Telstra outage is a stark reminder of the widespread effects of single-system failures

The network disruption – which brought trains, traffic lights and Eftpos payments to a halt – raises questions about the resilience of services

Britons to buy 8m mini fans this year – but almost half will end up in landfill

Shoppers urged to seek quality products or alternatives as data shows demand surpassing last year’s total

Almost no progress made on UK regional household income divide in 30 years, report finds

Despite promises of successive governments, gap between richest and poorest areas consistent since 1997

‘More public control’: what will Burnham do about water and energy?

In the fifth of a series on nationalisation, we look at utilities – including the cost of ending private ownership

Revealed: Farage’s £5m gift reported to UK crime agency over money laundering concerns

Exclusive: Latest Guardian revelation about gift from cryptocurrency tycoon comes as Reform UK leader forces byelection

EasyJet’s board has surrendered too easily to US bidder

The company’s target to hit £1bn profitability is intact. Why isn’t the board putting up a proper fight?

Hundreds of jobs at risk as John Lewis announces closure of in-store services

Desks offering gift wrapping and bureau de change stations will be closed at dozens of stores nationwide

Recession off the cards but Australia faces dreary outlook, economists say

De-escalation of war in the Middle East has lowered oil prices and eased fears of economic downturn but households are still feeling the pinch

M&S invests in fridges that can cope with weather as hot as 45C

Retailer admits it struggled in June heatwave and also had to order more ice-cream to keep pace with demand

Bank of England plans to ease capital rules despite AI stability fears

Central bank’s financial policy committee members voice concern on trimming big lenders’ financial buffers

UK house prices rise in June despite ‘wider economic uncertainty’; oil prices up after attack on tanker in strait of Hormuz – as it happened

Rolling coverage of the latest economic and financial news

Burnham urged to ditch ‘dangerous’ UK-US NHS drug deal

Exclusive: health groups call on expected next PM to rip up agreement, which analysis suggests could lead to 229,000 excess deaths by 2036

Act soon to change ‘unsustainable’ direction of UK debt, OBR warns

Forecaster says curtailing rising costs such as health and pensions ‘are today’s challenge, not just tomorrow’s’

EU rejects suspending biometric border controls despite 20 ‘difficult spots’

Officials admit new post-Brexit EES system is ‘not perfect’, as airports and airlines voice fears over delays

Half of Americans struggle to afford groceries and gas, exclusive poll finds

About 57% of polled Americans also believe economy is worsening in grim portrait of cost of living crisis, according to Harris survey for the Guardian

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  • Number of cloned number plates on UK roads at record high, data shows
  • France drops opposition to UK being included in ‘Made in Europe’ legislation
  • The water torture goes on at Thames. Sector-wide reform isn’t moving much faster
  • Will Trump’s economy sink Republicans in the US midterm elections? Our reporters answered your questions
  • Thames Water asks for £2.4bn more to avoid going bust this year or early 2027
  • People in the US: what is your personal ‘recession indicator’?
  • Cost of balancing Great Britain’s power grid reaches nearly £50m a day
  • Lisa Nandy ‘minded to intervene’ in Sky’s £1.6bn purchase of ITV
  • Cult venue Prince Charles cinema ‘saved’ after lease renewal signed
  • Wall Street drops after jump in US producer inflation; John Healey says UK banks are part of ‘jewel in the crown’ – as it happened
  • Tech market sell-off deepens amid fears over US inflation and AI debt
  • US lawmakers unveil bill to hold Wall Street’s ‘Epstein-connected’ bosses to account
  • Bad news for Trump ahead of the midterms: it’s still the economy, stupid
  • John Healey vows to give ‘breathing space’ to consumers and businesses in first budget
  • Gen Z wrestle with shame from ordering delivery food: ‘This economy is not for the weak’
  • Key US voters say economy is getting worse ahead of midterms, exclusive poll finds
  • Wallace & Gromit maker Aardman falls short of return to profit
  • ‘I introduce myself to anyone who looks a bit jumpy’: a security guard’s take on anti-shoplifting fixes
  • Poland’s ascent from communist state to top 20 economy reverses the brain drain
  • UK households have paid extra £13,961 on bills since 2021 amid soaring inflation, TUC says
  • The global economy is muddling through against the odds. But a storm is coming
  • Unemployment in Australia reaches 4.7%, its highest in nearly five years
  • ‘Like, really, really shocked’: why are so many people riffing on this sheep’s sex appeal?
  • UK hospitality sector to offer up to 100,000 jobs to young people out of work
  • The UK energy secretary is flirting with a bad idea for bills – the ‘rising block tariff’
  • Sir Trevor Phillips urges CBS News colleagues to give critics blunt riposte
  • Done family took £30m dividend from Betfred before warning of job cuts
  • US inflation rose to 3.7% in September in blow to Republicans before midterms
  • ‘Ugly’ jump in US inflation, driven by gasoline prices, in blow to Trump before midterm elections – as it happened
  • English and Welsh water firms could be forced to return £107m via lower bills

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