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Burnham urged to lobby EU leaders directly to waive EES border controls

Lib Dems call on PM to push for suspension of ‘bungled, malfunctioning’ system as overseas holiday travel peaks

Australian households face prospect of interest rate hike and petrol prices rising above $2 a litre

Economists’ warning comes as escalating Middle East crisis pushes global crude oil back above $US100 a barrel

European stocks rise as oil falls back below $100; UK could lose ‘advantage’ over EU due to Trump’s new tariffs, industry warns – as it happened

Rolling coverage of the latest economic and financial news

Burnham urged to award £2.4bn military satellite contract to Airbus over US rival

Unite union leader says giving Skynet 6 WSS contract to Lockheed Martin would be a ‘massive mistake’

New York Chinatown fears impact of $8bn casino development, calling it ‘predatory project’

Residents warn project could worsen gambling addiction and raise rents, while developers promise jobs

Trump’s latest tariffs put UK at disadvantage to EU, say experts

While overall levy for UK is unchanged, sectors not covered by Turnberry deal face tougher competition

Mass job cuts loom at VW as profits fall steeply on China sales slump

Carmaker expects to sell 3% fewer vehicles this year as it pushes through a programme that could eliminate 100,000 roles

Record heat sends online retail sales to five-year high in Great Britain

Soaring temperatures fuel demand for air conditioners and outdoor goods, helping retailers beat expectations in June

‘Forced labour’ rationale for Trump tariffs met with bewilderment

Measures effectively replace blanket 10% tariffs Trump imposed in February that were struck down by US supreme court

‘It’s become a nepo baby sport’: how secondhand fashion got so expensive

Thanks to gen Z resellers and platforms like Depop, thrifting has lost its subcultural roots - and ballooned into a $350bn business

Regional mayors to take key roles in UK policy decisions as part of No 10 North plans

Burnham says ‘no one in government loses when power is shared’ as he revives Brown-era national economic council

‘A small snippet’: what pubs make of Burnham’s £100m rates giveaway

Landlords say high costs of running hospitality business outweigh potential savings of business rates discount

Trump imposes fresh tariffs on UK, EU and dozens of other trading partners

New tariffs will replace 10% global duty and come after US supreme court declared many of the earlier levies illegal

‘Burnham bounce’ and World Cup lift mood in July, says data firm

‘Wave of optimism’ is sparked by prospect of new prime minister, England football team’s progress and hot weather

‘It’s more than backcombing a beehive!’ How tribute acts got massive – and put the live music scene back in the black

Versions of Amy Winehouse and hundreds of other musicians are generating millions for beleaguered UK venues. But what is the emotional toll for the imitators, and are they pushing out original artists?

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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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