Channel 4 sell-off ‘will undermine PM’s promise to level up country’
North’s business leader says privatisation plan could be open to legal challenges
Paperchase has been rescued but greetings card artists are losing thousands
When the British stationer went bust the new owner, Permira Credit, was able to shed the retailer’s debts to struggling suppliers
Channel 4 offers to sell London HQ under alternative plan to privatisation
Broadcaster proposes almost doubling staff outside capital and becoming ‘northern-based’
Bank of England raises interest rates as it warns of recession and 10% inflation
Rise to 1% is fourth successive increase and highest level since February 2009
Rishi Sunak reportedly blocked from higher benefit rise by ageing IT system
Chancellor considered rise of more than 3.1% but was told he could only do it ‘once a year’ due to 40-year-old system
Labour faces an open goal in this week’s local elections. It mustn’t miss
At the moment, you might ask how Keir Starmer’s party could possibly fail. Yet things may not be quite so simple, says the Guardian’s economics editor, Larry Elliott
Woman who rides bus to stay warm is tip of pensioner poverty iceberg
Elsie’s case left Boris Johnson flailing in interview but her story highlights plight of many – and inadequate help
Shock interest rate rise shows Australia’s economic exceptionalism is fading
RBA’s decision is, in the words of one economist, ‘a radical revision’. Could this turn a plateauing of property prices into a rout?
Boris Johnson admits efforts to ease cost of living crisis not enough
PM rejects prospect of windfall tax on oil and gas companies but accepts ‘there is more that we can do’
‘I can’t see it getting any better’: could the UK be heading for a recession?
Small business owners are already being hit as consumers cut back on non-essentials
Victoria’s treasurer flags surplus in 2025/26 ahead of the state budget
Tim Pallas says Tuesday’s budget shows the state performed better than expected this financial year
Rate of UK dividend growth far outstripping wage increases, says report
Thinktank says workers would have £2,100 a year more on average if wages over past two decades matched shareholder payout rises
Kwarteng and Sunak at odds over windfall tax on oil and gas profits
Government sources play down idea of cabinet split as business secretary quashes idea recently mooted by chancellor
The Observer view on the cost of living crisis
Cabinet ministers’ glib shortcuts are dire response to economic crisis
Clive Palmer’s campaign pledge to cap home loan rates ‘utterly irresponsible’, experts say
United Australia party plan to combat rising rates an ‘just an attention grabber’ and not genuine policy, critics say