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IMF’s anti-tax cut stance may give Rishi Sunak cover to resist Tory right

UK ministers will use improved forecast to claim plans are working – but IMF also urged more action to protect vulnerable people

Bank of England says inflation has ‘turned corner’ despite soaring food prices

Governor optimistic over economic recovery but concedes Bank has ‘lessons to learn’ after forecast errors

Officials warned over accuracy after Jeremy Hunt tweet on public debt

Exclusive: Statistics watchdog speaks to Treasury staff after chancellor conflates fall in debt with a less steep rise than first predicted

People in the UK aged 65 and over: share why you have started working again

We’d like to hear from people in Britain aged 65 plus who have come out of retirement recently and taken up paid work

Rishi Sunak’s upbeat view on economy stokes claims he is out of touch

On flight to Japan for G7, PM says ‘economic optimism is increasing’ and insists Brexit is working

Sunak must be firm. Ukraine’s fate will be decided by war and diplomacy – not by sanctions

The western response has been blighted by stupidity, says Guardian columnist Simon Jenkins

The Guardian view on Britain’s industrial strategy: where is it?

Editorial: Without one, the country risks missing out on the opportunities offered by the green transition and new technologies

The UK has a PR plan masquerading as an industrial strategy

Britain says it has no need for Biden-style green subsidies as it has a thriving renewables sector. The complacency is staggering

UK will have to raise retirement age after election, minister says

Work and pensions secretary says his successor will have to ‘grasp nettle’ of bringing forward rise to 68

Britain is in desperate need of radical ideas. So where are Labour’s?

Railways, water companies and the NHS are in crisis – we need bold new policies to fix them, not Keir Starmer’s timid dithering, says Guardian columnist Simon Jenkins

Bank of England raises UK interest rates to 4.5%

Latest 0.25 point hike marks 12th rise in a row as Bank battles stubbornly high inflation

Another UK interest rate rise was always nailed on but what happens next?

Bank of England aware that impact of most rates rises has yet to be felt, meaning a pause is now probable

State to take control of TransPennine Express after continued poor service

Northern rail network to be run by state-owned operator of last resort when contract expires on 28 May

1.5m UK homeowners on variable rate mortgages face new borrowing rise

Poll of City analysts shows unanimous expectation of Bank of England raising interest rates to 4.5%

Rishi Sunak risks missing target to halve inflation, NIESR warns

Leading thinktank sounds alarm over cost of living crisis with poorest £4,000 worse off in 2023 than before Covid pandemic

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  • Iran war causes biggest jump in UK service sector cost inflation since at least 1996, as UK borrowing drops – business live
  • EU risks fallout with US over Trump-linked Balkans pipeline plan
  • Starmer urged to bring in ticket-touting ban as resellers target Big Weekend
  • What would a permanent ‘Tehran’s tollbooth’ on oil mean for the world?
  • UK looked at ways to ‘open doors’ to US chlorinated chicken, FoI request shows
  • UK undershoots annual borrowing target by £700m
  • City firms bank on ‘savvy squirrel’ advertising campaign to push Brits towards investing
  • Sainsbury’s says impact of Iran war may lead to drop in profits this year
  • Iran war pushing up till price of some drugs by up to 30%, pharmacies warn
  • London faces more disruption as second 24-hour tube strike begins
  • Number of billionaires globally could reach 4,000 in next five years
  • Use of toxic Pfas in consumer goods must be urgently restricted, MPs say
  • Yes, retail investment needs a boost – but ‘Savvy Squirrel’ looks too tame
  • Capital gains tax changes are on the table, and yet Armageddon has not arrived. Has the tide on housing turned at last?
  • White House close to deal of up to $500m to rescue ailing Spirit Airlines
  • What is Mythos AI and why could it be a threat to global cybersecurity?
  • Middle East war ‘could wipe out 75% of chancellor’s budget headroom’; UK inflation climbs to 3.3% – as it happened
  • Taxes on UK workers have risen at fastest rate in rich world, says OECD
  • Ryanair to close check-in 20 minutes earlier amid concern over Europe border queues
  • Tui cuts profit forecast as effects of Iran war cost travel group €40m
  • ‘Get back to work’: Amazon faces fresh scrutiny over workplace safety record
  • UK inflation rises to 3.3% amid biggest jump in fuel prices in more than three years
  • UK firms to face tougher checks on export licences to bolster sanctions on Russia
  • Why Trump’s pick for Fed chair will not bring home the bank for the president
  • Anthropic investigates report of rogue access to hack-enabling Mythos AI
  • AI hallucinations found in high-profile Wall Street law firm filing
  • Calls for change to rules after stretch of Thames fails to gain bathing water status
  • Coles adds 20c to the price of milk as war in the Middle East pushes up Australian grocery costs
  • City watchdog faces legal action over £9.1bn compensation scheme for car loan victims
  • Woolworths’ ‘Prices Dropped’ rules intended to prevent ‘gaming’ the promotional system, executive tells court

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