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The Observer view on the Tory party leaving Britons to face the crisis alone

As millions face hardship thanks to soaring bills, the Tories are focused on their next leader rather than the emergency at hand

Liz Truss rejects ‘handouts’ as way to tackle cost of living crisis

Conservative leadership frontrunner insists on tax cuts despite claims they will fuel inflation

Rishi Sunak’s speech on funding urban areas ‘misunderstood’, says Tory ex-minister

Leadership candidate sparked outrage in Tunbridge Wells saying he helped redirect money to more prosperous towns

Private school polish and big dreams: how Rishi Sunak became a contender for PM

Tory leadership candidate is praised as an earnest workaholic, but critics say politically he has a glass jaw and is naive

Truss warns against ‘talking UK into a recession’ in leadership hustings

Tory favourite for No 10 says taxes should be kept low as rival Sunak says his priority will be to tackle inflation

Truss ‘irresponsible’ for threatening to review Bank of England remit

Labour’s Rachel Reeves says Conservatives are ‘playing blame game’ for UK’s economic problems

Kwasi Kwarteng: the low-tax Tory frontrunner for next chancellor

Truss loyalist is a free marketeer who may clash with public opinion about intervening over cost of living crisis

Rishi Sunak attacks Truss tax cut plan after big interest rate rise

Chancellor Nadhim Zahawi said to be on holiday as Bank of England adds to dire economic outlook

Australia’s official interest rates expected to rise by half-percentage point, economists say

Experts predict RBA interest rate decision today will lift cash rate to 1.85%, marking a 175-basis point increase since May

Shapeshifting Sunak’s tax-cutting conversion risks overpromising

Former chancellor takes leaf out of rival Liz Truss’s book but his plans may be too good to be true

Rishi Sunak rejects claim he has ‘doomster’ attitude to economy

Former chancellor says he finds his successor’s accusation ‘amusing’ as he vows to cut income tax by 20%

The Guardian view on public sector pay: Labour needs an answer

Editorial: The opposition should be clearer about its own solutions to disputes that the government is shamefully trying to prolong

UK entrepreneurs: how has it been to build and grow your startup business?

We’d like to hear from British startup founders how they have been experiencing the funding and scaling up of their UK businesses in recent years

Rise of Omicron subvariants sends UK staff absence soaring

Blow to businesses as 300,000 workers took time off due to Covid last month, with BA.4 and BA.5 the majority of new infections

Rishi Sunak’s plan to cut VAT on energy bills a screeching U-turn, says Kwarteng

Business secretary, a supporter of Liz Truss, says former chancellor has ‘come late to the party’ on tax cuts

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  • ‘Historic breakthrough’: Colombia climate talks end with hopes raised for fossil fuel phaseout
  • Oil price tops $126 a barrel after Trump warns Iran blockade could last ‘months’
  • Air France-KLM cuts capacity growth forecast amid expected $2.4bn fuel bill rise
  • Last Beefeater and Brewers Fayre restaurants to close, with loss of 3,800 jobs, Premier Inn owner says
  • ‘Nightmare’ queues and missed flights: a turbulent start to EU entry-exit system
  • Why is Britain’s economy so stuck? It’s the tension between what voters want and what the bond markets allow
  • Revealed: British ad firm’s billion-dollar greenwash of US oil industry
  • Rising costs forcing 3m UK households to skip meals, Which? report finds
  • Massive profits already earned by property investors to be shielded from Chalmers’ CGT changes
  • Tech giants’ results show rosy outlook for AI boom and US stock market
  • Jerome Powell to stay on Fed board after central bank holds rates steady in defiance of Trump
  • US gas prices hit $4.23 high as Hormuz fears drive oil surge
  • Rachel Reeves’s plan to mandate how pension funds invest was always a mistake
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  • Co-op marking commonly stolen items with forensic spray to track reselling
  • EU farmers and hauliers to get up to €50,000 to cover extra costs of Iran war
  • Another RBA rate rise won’t fix inflation – it will just smash households already hit by soaring fuel costs
  • Reliance on Chinese green tech poses ‘serious’ risk for Europe, experts say
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  • Barclay family avoids bankruptcy after deal with HSBC over £143m debt
  • UK refineries asked to maximise jet fuel production amid supply fears
  • UK firms in ‘critical financial stress’ jump by a third as costs rise, report finds
  • AstraZeneca makes surprise U-turn with £300m pharma investment in UK
  • ‘There’s no streetlights’: North Yorkshire restaurant told to stop driving diners home
  • Exclusive: Nigel Farage was given undisclosed £5m by crypto billionaire in 2024
  • ‘Suicidal’ model of capitalism leading to war and fascism, climate summit told
  • CEOs of US’s top energy firms averaged nearly 16% pay raise to $12.3m, review finds

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