Young adults pay heaviest price for Britain’s exploding mortgage timebomb

Rising interest rates expose widening generational gulf, with millennials facing heavy increases in monthly payments

Governments advised to cut public spending or raise taxes to curb inflation

Bank of International Settlements warns that economies, such as in the UK, need policies to cool price growth

UK government willing to ignore public sector pay review bodies, minister says

Chief secretary to the Treasury confirms some recommended rises could be blocked despite prospect of strikes

Mortgage rise impact ‘will dwarf energy bills crisis’ for UK homeowners

Tories warned about threat to middle earners as Labour increases lead among mortgage holders and Lib Dems target blue wall areas

Rise of the robots raises a big question: what will workers do?

Rapid developments in AI are forcing managers and politicians alike to confront profound questions about the future of jobs

From Brexit to Beyoncé: why UK inflation is still so painfully high

The cost of living is falling in Europe and the US but is still rising in Britain. We look at the major culprits

Who hires (and fires) the Bank of England governor?

PM says he still backs Andrew Bailey despite criticism he has failed to take the right measures to curb inflation

Britain is the Dorian Gray economy, hiding its ugly truths from the world. Now they are exposed

Our rulers painted false pictures of success while real wealth and wages withered away, says the Guardian columnist Aditya Chakrabortty

‘Shock and awe’ interest rate rise leaves Sunak’s cost of living pledge in tatters

Bank raises base rate to 5% and is predicted to go to 6% as pressure grows on government to intervene

Rishi Sunak says he is ‘totally, 100% on it’ in battle against inflation – as it happened

Prime minister says he knows people will be anxious about rate rise but ‘it is going to be OK’

Labour would not back subsidising mortgage holders, Starmer says

Leader says there is no quick fix and there are problems with approach advocated by Lib Dems

Labour piles pressure on Sunak with plan to prevent ‘mortgage catastrophe’

Shadow chancellor Rachel Reeves says party would force banks to take a range of steps to protect borrowers

The Guardian view on mortgages: the crunch is coming

Editorial: Westminster is forever blowing property bubbles. What happens when they burst?

Jeremy Hunt tells Covid inquiry quarantining people sooner ‘might have avoided’ first lockdown – as it happened

Former health secretary says understanding important of early quarantining could have helped prevent disease spreading

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