Federal Reserve cuts US interest rates for first time since December Central bank moves to set rates at range between 4 and 4.25% but decision unlikely to satisfy Donald Trump
The Guardian view on Labour and the economy: the legacy was grim but voters need hope, not excuses Editorial: The prime minister and the chancellor are running out of time to convince their own MPs that they have a plan to turn things around
The Thin Duck: Heston Blumenthal’s new menu for diners on weight-loss jabs ‘Sometimes, less really is more,’ says chef as Michelin-starred restaurant offers Mindful Experience option
Nationwide chair first major British lender boss to publicly engage with Reform UK Building society defends Kevin Parry after he attends party’s breakfast event, sitting next to Richard Tice
Labor statistics chief fired by Trump sounds alarm over White House’s ‘dangerous’ interference Erika McEntarfer says Americans should be concerned about independence of key economic institutions
Labor’s Measuring What Matters is a worthy goal – but one that has utterly failed to live up to its promise The wellbeing framework has become little more than a data dump – but at least it highlights how little stock we should put in productivity figures
‘Privatisation premium’: billions from UK energy bills paid to shareholders Analysis reveals £416 of average bill of £1,719 taken as pre-tax profits by the major energy industries last year, rather than being reinvested
UK overall inflation remains at 3.8% in August, but food price growth climbs for fifth month in a row – as it happened Food prices rise at fastest rate since January 2024 with vegetables, milk, cheese and fish going up; US Federal Reserve widely expected to cut rates later today
What is new in UK-US tech deal and what will it mean for the British economy? Nvidia, OpenAI and Microsoft announce investments as part of multibillion-dollar package alongside Trump visit
Taking the biscuit: consumers spend more but get less as chocolate prices rise by 15% Poor cocoa harvests have triggered multiple rounds of shrinkflation while luxury brands struggle to make profits
UK is going to be ‘AI superpower’, says Nvidia boss as he invests £500m Jensen Huang says UK is ‘too humble’ as he announces equity stake in British cloud computing firm NScale
Ben & Jerry’s co-founder quits, accusing Unilever of silencing social mission Jerry Greenfield says he cannot ‘in good conscience’ continue and says company has lost its independence
Barratt Redrow warns of budget uncertainty affecting property market UK housebuilder reports 33% rise in revenue and 26% increase in profits but says possible tax and duty rises risk unsettling buyers
Temu’s UK operation doubles revenues and pre-tax profits Super-budget Chinese retailer reports revenues of $63.3m last year, almost double its $32m in 2023
UK inflation holds steady at 3.8% as fuel prices offset falling air fares Annual August rate released as Bank of England considers holding interest rate at 4% to tackle rising prices