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‘Anti-maths mindset’ costs UK a huge sum, Rishi Sunak claims

PM urges Britain to prize numeracy, but critics say such talk counts for nothing without a funded plan

More than 1m UK small businesses ‘trapped in high-cost energy tariffs’

Trade groups say many firms had to renew contracts at market peak in ‘biggest mis-selling scandal since PPI’

Ministers ignored red flags over Covid fraud, says former head of SFO

Exclusive: Sir David Green suggests ‘prudence was thrown out the window’ as UK lost billions of pounds in pandemic business support

Labour will be most interventionist government for a generation, says shadow minister

British public has yet to comprehend scale of party’s economic ambitions, says business chief Jonathan Reynolds

Senior UK civil servants could strike after ‘unconscionable’ pay offer

Government’s limiting of average pay rise to between 4.5% and 5% prompts fresh strike dates and possible FDA ballot

UK is worst performer in G7 for workforce participation since Covid

Number of working-age adults in work or job hunting is still lower than before pandemic, OECD figures show

UK economy flatlined in February amid impact of strikes

Wave of public sector strikes and weak industrial output take toll, official figures show

UK national debt will continue to rise over next five years, says IMF

Forecast by Washington-based body puts at risk Rishi Sunak’s pledge to cut debt as share of GDP

Megan Greene to join BoE’s monetary policy committee

Global chief economist at Kroll will join the MPC as an external member on a three-year term from 5 July

A property tax based on annually uprated values would be a gamechanger

Replacing the council tax would be popular and the vast majority of UK households would gain

Labour is still in thrall to the low tax regime championed by my friend Nigel Lawson

The key legacy of the former chancellor, who died last week, was to put the fear of god into the party’s leaders

Benefit sanctions slow people’s progress into work, says report Coffey suppressed

Government has aggressively pursued sanctions despite its own 2020 report showing they are ineffective at getting people into jobs

A committed unbeliever: Nigel Lawson left the Tory party a complex, divisive legacy

Lesser politicians still try to emulate the clever contrarianism of Thatcher’s chancellor. That’s risky, says Guardian columnist Martin Kettle

How Nigel Lawson turned postwar economic consensus on its head

Former chancellor fundamentally changed the UK economy during his six-year stint at the Treasury, and not much has changed since then

The RBA has paused its record run of interest rate hikes. Relief may only be temporary

Rising rents and energy prices, as well as stagnant wages, lead many economists to predict the rate is yet to peak

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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
  • Sainsbury’s boss urges government to help ease rising energy costs for food producers
  • Bibby Stockholm asylum barge contractor admits overcharging UK government £118m
  • 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 Britons towards investing
  • 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

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