Bank of England raises UK interest rates to 4%

Hike of 0.5 percentage points lifts rates to 14-year high, but BoE says shorter and shallower recession now more likely

Sunak refuses to even utter the word crisis. But how else to describe his first 100 days?

Inertia on the NHS and obstinacy on strikes have left the equivocating PM clinging to a life raft, says Guardian columnist Polly Toynbee

What does the Bank of England interest rate rise mean for you?

From mortgages to credit cards, we break down the impact the 4% rise could have on your finances

Interest rates rise again but Bank of England hints at a brighter future

Threadneedle Street is still expecting a recession but it is likely to be a mild one by UK standards

Britain has missed out on £400bn of growth since 2010, says TUC

Tories blamed for creating economic ‘doom loop’ that fails to recognise negative impact of spending cuts

Truss and Brexit have sunk Britain’s economy – and the right is in deep denial about both

The global economy is hardly booming, but the UK is at the bottom of the pile of developed nations for two clear reasons, says Guardian columnist Martin Kettle

UK benefit changes have pushed people into dead-end, low-paid jobs, says IFS

Tougher rules have boosted employment but jobs offer scant career progression and contribute little to tax revenue

Tory MPs urge Hunt to bring forward tax cuts after bleak IMF forecast

Chancellor defiant as pressure mounts with warning from within that party could face end of an era in government

Given a chance to cheer Tories’ economic failure, Hunt is nowhere to be seen

If making the country poorer was a symbol of success, the IMF report was a Brexit day bonus

Why is the UK economy doing worse than the rest of the G7?

Factors behind IMF’s latest forecast which shows UK will be only large economy to contract this year

Britain the only G7 economy forecast to shrink in 2023

IMF says UK economy is likely to contract 0.6% as rising interest rates and higher taxes take toll

Sunak’s sitting on the sidelines is penny wise and pound foolish in uncertain times

PM needs to unfreeze from headlights of dire UK economic position and partner business in boosting investment

Hunt became chancellor after a Tory tax calamity. History suggests he’s doomed

Like Roy Jenkins and Kenneth Clarke before him, he can do little but tackle a crisis bequeathed to him by Conservative folly

The Guardian view on Tory austerity: an unpopular policy returns

Editorial: Public spending is needed to green the economy and repair public services. But the chancellor plans £100bn in cuts

Jeremy Hunt says tax cuts will only come ‘when the time is right’

Chancellor aims to temper Tory backbenchers’ hopes as he blames UK woes on ‘economic headwinds’