UK economy contracted in second quarter amid cost of living crisis – as it happened Live, rolling coverage of business, economics and financial markets as economists brace for long UK recession
Amey bosses celebrated profits while offering below-inflation pay rises Video shared by accident shows executives at outsourcing giant discussing £92m rise in profit amid union pay row
Sunak pledges £10bn to help vulnerable with soaring energy bills Former chancellor outlines support package for up to 16 million vulnerable people
Rishi Sunak and Liz Truss compete for Tory members’ support in Cheltenham leadership hustings – as it happened The two candidates are bidding for support from Conservative party members ahead of the final vote for the next PM
Boris Johnson in ‘lower bills’ talks with energy bosses but leaves action to next leader – as it happened Live, rolling coverage of business, economics and financial markets as chief executives of energy companies visit Downing Street to discuss crisis
Biggest UK fall in real wages for 100 years looms, warns TUC Study shows pay rises could fall behind inflation by 8% later this year, an unprecedented drop in living standards
Sunak accuses Truss of major U-turn after she says she will do ‘all I can to help struggling households’ with fuel bills – as it happened Tory leadership contender says rival had previously dismissed direct support as ‘handouts’
The Guardian view on water companies: nationalise a flawed private system Editorial: Time to fix Britain’s broken private utility model, whereby natural monopolies are able to dupe weak regulators
Liz Truss refuses to rule out help with energy bills in apparent U-turn Rishi Sunak campaign attacks rival’s approach to cost of living as ‘laughable were it not so serious’
Liz Truss and Rishi Sunak meet members at Tory leadership hustings in Darlington – as it happened Candidates to replace Boris Johnson take questions amid reports of emergency planning for winter blackouts
Coming crisis could soon undo any Tory truce on Trussonomics Analysis: there are deep divisions among the party’s MPs about the leadership frontrunner’s spending promises
Liz Truss plans could cost £50bn a year, and will ‘fail to help poorest cope’ Tory frontrunner says tax cuts and spending could cost £30bn, but analysis shows a much higher price
Ed Davey calls for halt to energy price cap increase to avoid ‘catastrophe’ Exclusive: Lib Dem leader says new PM should let government pay £36bn cost in new ‘energy furlough scheme’
No 10’s refusal of emergency budget shows Tories have lost control of economy, says Labour – as it happened Opposition criticises decision not to make big fiscal interventions in final weeks of Boris Johnson’s premiership
‘Zombie government’: more than half of departments delay key decisions As an economic crisis looms in the UK, legislation shelved and deadlines missed on energy, online safety and gambling laws