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Liz Truss blames ‘groupthink’ for economic damage under her watch

While former PM takes some responsibility for markets crisis after mini-budget, she says main fault lay with Bank of England

Sunak’s Tories, Starmer’s Labour: Britain is stuck in a doom loop of failed economics. Here’s the way out

We rely on too many old ideas. Governments must foster growth that is innovative and sustainable, says economist Mariana Mazzucato

Liz Truss: economic consensus since 1997 to blame for UK woes – not me

Former prime minister to make remarks in speech on Monday almost a year since mini-budget that led to her downfall

The Guardian view on Liz Truss’s premiership: a mistake Britain would be stupid to repeat

Editorial: Rishi Sunak criticised his predecessor’s plans as ‘fairytales’. But it’s magical thinking that the Conservatives want

A year on from Liz Truss’s mini-budget, the UK economy is still stuck in first gear

Truss was right in saying Britain needed economic growth – where she was badly wrong was in her prescription

Increase benefits by inflation, top Tory urges Rishi Sunak

West Midlands mayor Andy Street says a ‘big chunk of people’ are hurting in cost of living crisis

Rishi Sunak is less trusted on the UK economy than recent Tory PMs, poll finds

Prime minister can find comfort in ranking above Liz Truss, however

Number of firms in England and Wales going bust in August rises by a fifth

Insolvency Service reports 19% rise from August 2022’s figures as firms fight high interest rates and falling sales

Potential CBI challenger Business Council holds first meeting

BCC president Martha Lane Fox chairs House of Lords meeting to help draft business manifesto for general election

Angela Rayner gives ‘cast iron’ promise of bill banning zero-hours contracts

Labour deputy leader tells TUC party would also seek to repeal anti-strike laws within 100 days of entering government

High UK inflation makes autumn tax cuts unlikely, says Jeremy Hunt

Warning against pumping ‘money into people’s pockets’ comes amid hints Bank of England will again raise rates

Of course Britain’s millennials have lost faith in work. Make it fairer and that might change

Wage stagnation and the gig economy have left a generation struggling to achieve life milestones. Here’s what could help, says culture writer James Greig

Triple lock could add £45bn a year to state pensions bill by 2050, IFS says

Maintaining guarantee will put ‘insurmountable pressure’ on government to increase retirement age, according to institute

Councils going bust, schools crumbling, the NHS in crisis: the answer is more tax

Labour can raise £50bn from the wealthy to pay for public services without introducing a new one-off wealth tax, says the Guardian’s economics editor, Larry Elliott

‘A harrowing summer’: extreme weather costs hit US as 60m under heat alerts

States face challenges getting federal aid amid dwindling Fema funds and laws that don’t consider heat a climate disaster

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  • Poundland management in talks to lead bid that could save 11,000 jobs
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