Chalmers says global economic turmoil will drive budget cuts, but Australia should avoid recession

Treasurer says ‘very substantial and intensifying pressure’ on federal budget as he points finger at private sector for driving up inflation amid Middle East conflict

Burnham must remember: more regulation is not the best way to improve public services

In the NHS as in the private sector, the measure of success should be customer satisfaction and not just box-ticking

Tories plan to extend cuts beyond £47bn previously pledged, leak reveals

Exclusive: Shadow chancellor Andrew Griffith told party members last year he had discussed making further savings if they win next election

‘He feels more relatable’: Burnham’s conference speech wins praise from drifting Labour voters

The UK prime minister has earned his party a rehearing but the battle of public opinion is not yet won

Nitrite-free bacon sales boom in UK amid fears over curing chemicals

Shoppers are switching from traditional product despite little evidence alternative is safer

‘I was making no money’: Travel agent side hustle promoted by influencers criticised over fees

Would-be marketers enticed by online talk of entering a world of travel and easy cash find that the reality is rather different

Bailiffs and 100 unpaid teachers: inside the collapse of ‘groundbreaking’ yoga studio Triyoga

Formerly a favourite of the A-list, the chain has abruptly ceased trading, leaving teachers and customers blindsided

The American dream remains elusive in the valley that inspired East of Eden

John Steinbeck’s hometown of Salinas is the least affordable city in the US for the middle class, a recent Brookings Institution analysis found

UK urged to act as Polymarket takes bets on whether HSBC and Lloyds will fail

Revelation comes amid mounting concern over online prediction market’s effects on integrity of financial system

From the Bayeux tapestry to Glastonbury: top tips and tricks to grab the hottest tickets

Nothing is guaranteed but there are ways to boost your chances of experiencing such in-demand events

BT accused of ‘bullying’ customers by pausing broadband in digital landline push

Companies race to switch households to ‘voice over internet protocol’ services by the end of January

‘People are deserting it’: why are London mansions struggling to sell?

For decades, the capital’s house prices raced ahead of the national average – but now they are falling in prime areas

G7 to release up to 100m barrels of emergency oil and diesel reserves

Leaders agree a coordinated drawdown after surge in prices and Donald Trump’s threat to cut off US supplies

Nasdaq hits record high after weaker-than-expected US jobs report – as it happened

US economy only added 29,000 jobs in September, which might deter the Federal Reserve from raising interest rates

Bosses of three firms that supply trains to UK railways made £3.5m last year

Rolling stock companies, which also paid out nearly £400m to shareholders, accused of profiting at passengers’ expense