There’s only one way to tackle Britain’s mortgage meltdown – get the banks to cough up

The big five owe the public for the 2008 bailout – and they are taking in enormous profits while many homeowners and renters struggle, says former chancellor John McDonnell

Wednesday briefing: How to solve the UK’s mortgage mess, as interest rates rise again

In today’s newsletter: Rising inflation and interest rates mean real pain for homeowners – with few signs of relief on the way

Britain remains ‘wildly under-resilient’, Covid inquiry hears

Oliver Letwin, who led emergency planning during coalition, says churn of ministers and officials is ‘disaster for country’

UK economy in growth ‘doom loop’ after decades of underinvestment

Institute for Public Policy Research points to £500bn-plus underspend compared with other advanced economies

Mortgage ‘catastrophe’ will lose us the election, warn Tory MPs

Members in marginal seats fear Conservative party leaders have not understood the impact of rate rises

UK homeowners face huge rise in payments when fixed-rate mortgages expire

More than 2.4m deals are ending in 2024, raising fears of financial timebomb

Sunak should never have made his woolly inflation pledge

The prime minister has set a target that was not in his power to deliver, and he ignored political convention to do so

UK has no choice but to raise interest rates to curb inflation, says Jeremy Hunt

Chancellor gives unstinting support to Bank of England as households brace for borrowing costs to rise again

UK exports in last decade worse than any G7 country except Japan

UN figures show value of British goods and services exports rose by 6% between 2012 and 2021, compared with 29.1% for EU

Urge to soothe markets may blunt Labour’s edge on Tories

Scaling back of green prosperity plan reflects a possibly costly desire to project fiscal stability

The Guardian view on broken Britain: it won’t be fixed with the status quo

Editorial: State-led public investment is needed to repair a decade of cuts. Labour should say so, not cleave to failed orthodoxies

Atlantic declaration shows Sunak and Biden’s willingness to simply make do

Although a slightly haphazard set of pledges, it accepts world has moved on from Brexit and 2019 UK election

Rishi Sunak and Joe Biden sign ‘Atlantic declaration’ but hope of trade deal ends

Landmark agreement moves UK firmly into US economic orbit but falls far short of full trade deal Tories promised in 2019

Biden and Sunak hold press conference as new transatlantic deal unveiled – as it happened

US president and UK prime minister announce plan to bolster economic security in response to China’s growing influence

Cameron-Osborne austerity years cost UK dearly when Covid struck, says TUC

Union body claims policies left Britain ‘hugely unprepared’, in report before opening hearing of inquiry