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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

UK property market lacks spring bounce but a crash is unlikely

It’s reasonable to expect a fall in nominal house prices of at least 10%. That’s a chunky fall – and a welcome one

UK factories blame 16th month in a row of falling exports on Brexit barriers

Companies report trading with Europe is now more difficult as Larry Summers says exit from EU ‘contributed to higher inflation’

Brexit, the environment, energy bills … it’s hard to tell Labour and Tory policies apart

Cross-party consensus was once called Butskellism. What do we call it when even Rachel Reeves and Jeremy Hunt agree? says Guardian economics editor Larry Elliott

The Guardian view on food price caps: better at taming inflation than rate hikes

Editorial: When the economy doesn’t work in the way that theory suggests, it’s time to junk the theory

The spectre of price controls is back to spook Sunak – and Thatcherite myths won’t save him

The prime minister is stubbornly attached to an outdated ideology, but has no plan for adapting to volatile times, says Guardian columnist Rafael Behr

Sure Start director says childcare reform is for UK economy not children

Naomi Eisenstadt, first programme lead, says there is lack of attention on what childcare is actually for

The Observer view on Britain’s economy: it is very sick, but there are remedies

Austerity, Brexit and catastrophic fiscal decisions have inflicted long-term damage to Britain’s productive capacity. Labour is offering the renewal it so badly needs

Rishi Sunak warned over possible UK recession in 2024

High inflation likely to push interest rates above 5% and force up mortgage and loan payments just ahead of election

The Guardian view on a death of consensus: politicians are having different nightmares

Editorial: Interventions from the Tory chancellor and his Labour shadow spell the end of a period of economic agreement

Partygate: Nadine Dorries suggests Boris Johnson Chequers records might have wrong names and dates – as it happened

Former culture secretary says prime ministerial diaries ‘are frequently wrong’

Hunt will back more interest rate rises even if they push UK to recession

Chancellor will back Bank of England’s decisions because ‘inflation is a source of instability’

Look at what hedge funds really do – and tell me capitalism is about ‘rewarding risk’

‘Alternative asset managers’ are mainly focused on protecting themselves from losses – and they get tax breaks for it, too, says author Brett Christophers

Boris Johnson claims publication of Covid inquiry ruling unfairly implies he is holding back documents – as it happened

Boris Johnson letter complains process is ‘unfair’ towards him and confirms he is asking new lawyers to represent him

Bank forecast to raise rates above 5% as UK inflation falls by less than expected

Rate drops to 8.7% but food price rises remain close to 45-year high

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  • Taxes on UK workers have risen at fastest rate in rich world, says OECD
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  • Anthropic investigates report of rogue access to hack-enabling Mythos AI
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