The future offers only variants on austerity? Bunk. There are ways to invest and grow

Despite the UK’s new negative credit outlook, it still has vast resources if it wants to access them

The Observer view on why a general election in Britain is now essential

The Conservatives want to foist another prime minister upon the country but they must not be allowed to do more harm

Fixing the economic mess left by Liz Truss is way beyond the ability of Boris Johnson

Analysis: Should he succeed in making a comeback, the former prime minister will have few tools available to overcome Britain’s problems

Change of prime minister is likely to delay UK’s fiscal plan

Credibility of economic event could be in doubt if it is launched on Halloween, just a few days into new leader’s tenure

Pound falls and UK borrowing costs rise despite Jeremy Hunt debt promise

Chancellor says he will do ‘whatever is necessary’ to bring down national debt

Large greenfield sites part of 35 low-tax investment zone bids in England

FoI request reveals council plans including commercial units and large housing developments

Liz Truss ignored economists’ stark warnings over mini-budget

Pair sympathetic to her growth agenda told Truss before she became PM that plans needed to be handled with care

Trussonomics’ true cost will be austerity and spending cuts to fill the fiscal hole

Expect also a harder downturn if market credibility is to be restored, with a 2% contraction in GDP

The mini-budget that broke Britain – and Liz Truss

From soaring mortgage costs to a sterling slump, the fiscal event set off a chain of chaos that led to PM’s downfall

Truss has discredited high-octane, free-market economics – perhaps for ever

Trussonomics, and Brexitism, have proven the dangers of trying to turn rightwing ideology into reality

Liz Truss: the PM who caused disruption in all the wrong places

The Tory leader’s attempt to tear up the status quo only brought about economic, political and social chaos

‘Enough circus’: UK business leaders call for economic stability after Truss exit

Bosses say next prime minister must restore confidence with a credible fiscal plan

Liz Truss to quit as prime minister

Statement expected shortly after departures of top ministers and evaporation of political authority

UK asset managers warn of tough times as investors pull or divert cash

Firms such as Jupiter and Schroders suffer net outflows as inflation, economic uncertainty and Ukraine war weigh on investors

We think of Britain as a world-beating economy. We would be better off thinking about Taiwan

Instead of living with this delusion, leaders should examine emerging market economies and try to emulate their success, says Guardian economics editor Larry Elliott