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James Dyson attacks Rishi Sunak’s ‘shortsighted, stupid’ tax policies

UK entrepreneur says economic strategy has left Britain in a ‘Covid inertia’ and calls for growth plan

UK inflation dips but food prices rise 17% amid squeeze on low-income families

Annual rate falls in December, although it remains at one of the highest levels in 40 years

Shortfall of 330,000 workers in UK due to Brexit, say thinktanks

Immigration from non-EU countries failed to take up slack after freedom of movement ended

On the NHS, Sunak and co seem unable to grasp economics 101: pay more

Breaking out of a mindset is not easy, but this crisis, 10 years in the making, could have been avoided

Hundreds of ‘investment zone’ bids axed as Sunak dismantles Truss policy

Exclusive: council bids for tax breaks and liberalised planning rules axed as government dismantles Liz Truss’s agenda

Tax collectors lack ambition, say MPs, as £42bn remains unpaid

Fraud and error have left ‘eye-watering’ amount owed to HMRC, says public accounts committee

Rishi Sunak is stuck peddling fake solutions – he can’t admit his own party is the problem

Anti-strike laws and yet another immigration crackdown are diversions from the task of unpicking 13 years of Tory misrule, says Guardian columnist Rafael Behr

The Guardian view on Greater Manchester’s Atom Valley plan: growth outside the city

Editorial: A project to revive the economic fortunes of former mill towns can be a model for the rest of the country

UK household income likely to fall by £2,000 a year, says thinktank

Resolution Foundation says UK only halfway through two-year cost of living crisis, with only very richest likely to see income rise in 2023-24

Keir Starmer: ‘I’m against austerity. But we’re going to have to be fiscally disciplined’

The Labour leader is keen to emphasise he would be a prudent PM despite inheriting cash-starved public services

No matter their differences, Starmer and Sunak face the same obstacle

Whether it’s Labour plan for renewal or the Tory path to recovery, both remain hostage to circumstance in 2023

Mortgage payers face squeeze in 2023 after UK interest rate rises

Wealthy, older people who own home outright will avoid higher costs and benefit from better return on savings

The Guardian view on disability and living costs: ministers must close the gap

Editorial: Rising prices affect disabled people in specific and harsh ways. Evidence of widening inequality demands a targeted response

The Guardian view on Sir Keir Starmer: caught between scaring and inspiring voters

Editorial: As post-Thatcherite economic orthodoxy fails, Labour must expand its political imagination

Labour is trumpeting its Great British Energy plan – but where’s the detail?

Until we’re told more, it’s impossible to know if GBE will merely retread old ground or pursue far more ambitious goals

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  • G7 to release up to 100m barrels of emergency oil and diesel reserves
  • Nasdaq hits record high after weaker-than-expected US jobs report – as it happened
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  • Throwback to 2011: why it feels different to the last time interest rates were this high
  • US added just 29,000 jobs in September in sharp drop from last month’s gains
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