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Kwarteng plan to lift cap on bankers’ bonuses infuriates unions

Unite leader deplores prospect of post-Brexit deregulation drive ‘when millions are struggling’

The Guardian view on bankers’ bonuses: don’t scrap the cap

Editorial: When millions are struggling with their living costs it makes no sense to widen the wealth gap rather than narrow it

What is the banker bonus cap and could scrapping it boost growth?

Chancellor may lift EU-era restriction in hope of making UK more attractive to financial sector

Kwasi Kwarteng planning to scrap caps on bankers’ bonuses

Critics question chancellor’s idea of abolishing rules imposed after 2008 financial crash during cost of living crisis

Kwarteng ‘tells Treasury to focus entirely on growth’ as Tory peer defends sacking of senior civil servant – as it happened

The new chancellor is reported to have told Treasury staff there was a need to ‘do things differently under fresh leadership’

How is Liz Truss’s government challenging ‘Treasury orthodoxy’?

Sir Tom Scholar’s removal as Treasury’s top mandarin signals attempt to change department’s view of the world

Focus on growth not fiscal discipline, Kwasi Kwarteng tells Treasury

Chancellor suggests change of emphasis is needed after he sacked top civil servant whom he credited for tight control of spending

Liz Truss likely to visit US and hold mini-budget next week

PM expected to attend UN meeting after Queen’s funeral, with ‘fiscal event’ likely to follow before end of next week

Putin is waging an economic war with Europe. Britain’s absurd energy plan plays into his hands

The Tories’ ideology of daffy libertarianism seeks to triumph over evidence and reason

The Guardian view on Truss’s energy price cap: right policy for the wrong reasons

Editorial: Instead of plans to bring on greener sources of power generation, the prime minister wants to drill for oil and frack for gas

Ukraine needs ‘radical’ reform to sustain war effort, warn economists

Anti-corruption measures and progressive taxes among actions recommended by leading academics

Liz Truss energy plan ‘needlessly inefficient and expensive’, says thinktank – as it happened

Criticism of PM’s freeze of bills as Labour leader condemns decision not to tax unexpected profits of energy giants

The government has finally intervened – to protect energy companies’ profits

What we really need is a public energy firm that directly produces and generates renewable energy, says Sandy Hager of City, University of London

Liz Truss to freeze energy bills at £2,500 a year average, funded by borrowing

PM announces £150bn scheme and resumption of fracking as she pledges to tackle root causes of crisis

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  • Republicans say they hate communists. So why do they like Donald Trump?
  • A cargo ship, 20 crew, and a huge stash of cocaine: the seafarer imprisoned for smuggling – on no evidence
  • Burnham’s plans for social care and its workers are admirable but changes must come quickly
  • MS Now connects ‘blue dots’ at Texas fan event: ‘I always feel hope when I watch them’
  • ‘The violence is off the scale’: staff and passengers at risk as assaults on trains in Great Britain soar to record high
  • Costa’s coffee shops return to profit with iced drinks and matcha on the menu
  • Ministers explore how to stop regional leaders misusing planned new spending powers
  • UK car industry faces ‘difficult trade-off’ between Chinese and EU markets
  • Chalmers says global economic turmoil will drive budget cuts, but Australia should avoid recession
  • Burnham must remember: more regulation is not the best way to improve public services
  • Tories plan to extend cuts beyond £47bn previously pledged, leak reveals
  • Nitrite-free bacon sales boom in UK amid fears over curing chemicals
  • ‘He feels more relatable’: Burnham’s conference speech wins praise from drifting Labour voters
  • ‘I was making no money’: Travel agent side hustle promoted by influencers criticised over fees
  • Bailiffs and 100 unpaid teachers: inside the collapse of ‘groundbreaking’ yoga studio Triyoga
  • The American dream remains elusive in the valley that inspired East of Eden
  • UK urged to act as Polymarket takes bets on whether HSBC and Lloyds will fail
  • From the Bayeux tapestry to Glastonbury: top tips and tricks to grab the hottest tickets
  • BT accused of ‘bullying’ customers by pausing broadband in digital landline push
  • ‘People are deserting it’: why are London mansions struggling to sell?
  • 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
  • Bosses of three firms that supply trains to UK railways made £3.5m last year
  • ‘Stand on the right side of history’: Starbucks urged to close stores in China’s Xinjiang
  • 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
  • John Maynard Keynes: the cultured economist who governments turn to in a crisis
  • Tesco is first supermarket to offer paid ‘safe leave’ for victims of domestic abuse
  • UK diesel price hits record high of £2 a litre

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