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Global food prices at three-year high as heatwaves and wars push up crop costs

UN index says weather is affecting wheat yields while conflicts in Ukraine and Iran hit exports and drive up prices

Boeing 737 Max operators told to check fuselages for cracks

Inspections ordered by US regulator will affect about 470 aircraft, after reported problems in earlier models

Rail passengers face second day of disruption across north-west England

Problems after power failure at regional signalling centre likely to continue until noon on Friday

Sir Christopher Ondaatje obituary

Businessman and philanthropist who helped fund a new wing for the National Portrait Gallery

UK house prices flat in July, says Lloyds, as buyers struggle with affordability

Property prices in ‘suspended animation’ owing to higher mortgage rates and uncertainty in Middle East

Trump orders new 15% tariff on key material for solar panels and microchips

Move to raise levy on goods made with polysilicon aims to protect domestic US supply chains from China, the major producer

Burnham urged to tackle cost of living crisis by pressuring Trump to end Iran war

Trade unions say UK prime minister must begin by revoking permission for US to use RAF bases for airstrikes in Gulf

July’s heatwaves kept UK shoppers away from high street

Visits down 3.8% after 6.2% fall in June, with many choosing to buy online instead, research for retail body finds

Diageo to nearly double Guinness production and cut jobs in turnaround plan

New CEO Dave Lewis lifts investors’ spirits by promising strategic overhaul worthy of his nickname ‘Drastic Dave’

Trains stop across north-west England after power cut hits signalling centre

Passengers awaiting Northern and TransPennine trains advised not to travel, with cancellations and other services delayed

‘Terrifying’, ‘creepy’, ‘abusive’: dozens of women who worked for convicted rapist Ralph Carr speak out

Exclusive: They came to him young, dreaming of a career in the music industry. Now former employees have come forward, accusing the Melbourne talent manager of intimidating behaviour and sexual harassment going back decades

Paramount concessions lead UK to approve takeover of Warner Bros

Culture secretary Lisa Nandy says she will not intervene in £85bn deal after securing guarantees on Channel 5

EasyJet agrees to £5.7bn takeover by US private equity firm

Airline says it has accepted offer from Apollo Global Management after rival bidder Castlelake walks away

Fifa World Cup ad income boosts Fox’s revenue to $4.21bn in fourth quarter

Average cost of a 30-second spot during tournaments airing on Fox was reportedly between $200,000 and $750,000

Castlelake walks away from easyJet, clearing way for Apollo Global – as it happened

Eurozone construction downturn also eases while in financial markets, European shares rise and Brent crude hovers around $80 a barrel

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  • Healey backs pro-growth case for Heathrow third runway after Burnham ducks issue
  • No 10 leaves option open to impose Chinese EV tariffs if UK joins EU scheme
  • The Guardian view on the banks: too big to fail cannot mean too big to tax
  • Extreme heatwaves in Europe not changing Britons’ holiday plans, say travel bosses
  • IMF suggests UK should cut spending rather than raise taxes on banks, as Healey prepares budget raid – as it happened
  • Target pensions or welfare, not banks, IMF tells John Healey
  • UK risks losing key role in European space industry over satellite contract, says Airbus boss
  • For restaurants Covid-19 was a crisis – pandemic loans are proving a disaster
  • British food and drink exports to EU collapse by more than a third since Brexit
  • Elon Musk reveals ‘world’s first flying car’ at Tesla event
  • ‘We should all be worried’: calls grow to limit London rollout of robotaxis
  • Ofgem could force energy suppliers to pay rivals if they lure customers with cheaper deals
  • Revealed: VW, Ford and Tesla batteries linked to destructive deforestation of indigenous lands
  • Repairing Brexit economic damage should be Burnham’s top priority, business chief says
  • Number of cloned number plates on UK roads at record high, data shows
  • ‘People’s dignity, and democracy, is at stake’: meet the economist ditching ideology for reality
  • 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
  • The Guardian view on food security: we have just-in-time, we need just-in-case
  • 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

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