This pandemic has exposed the uselessness of orthodox economics

Post Covid-19, our priority should be to build resilient systems explicitly designed to withstand worst-case scenarios, says Jonathan Aldred, an economist at Cambridge University

Sunak considers £500 vouchers for all UK adults to spend in Covid-hit firms

Chancellor urged to introduce a scheme that has jump-started other countries’ blighted hospitality and retail sectors

The Bank of England has many battles ahead. Inflation will not be one of them

The world accepts that spending is the way out of this crisis. Why is the Bank anxious at the faint prospect of rising prices?

The Covid crisis made Rishi Sunak a star, but it could yet undo him

The chancellor has won praise for cushioning the impact of lockdown. But his economic update this week will be fraught

VAT, NICs … what will Rishi Sunak’s summer statement target?

The chancellor is hoping to boost a British economy emerging from lockdown. Here is how he might do it

Labour: unemployment could go ‘way beyond anything we’ve experienced’

Shadow minister Jonathan Reynolds calls for flexibility on furlough scheme and condemns return of benefits sanctions

Boris Johnson criticises Oxford decision to remove Rhodes statue

In wide-ranging interview, PM says jobs furlough not healthy and urges restraint as pubs open

England’s privatised water firms paid £57bn in dividends since 1991

Critics say utilities borrowing to pay shareholders instead of improving infrastructure

Boris Johnson returns to his happy place: upbeat, vague and incoherent

The prime minister wants us to ‘clap for capitalists’, but will it be loud enough to reach their tax havens?

‘New deal’ risks fuelling emissions and eroding building standards

Green campaigners and housing experts warn Boris Johnson’s recovery plan could swiftly become a liability

UK coronavirus death toll rises by 155; employers in Leicester lockdown can re-furlough staff – as it happened

PM speech on post-Covid recovery comes as Leicester faces local lockdown and ONS reports excess deaths have stopped

Boris Johnson’s ‘revolutionary new deal’ is a hollow distraction

The prime minister issued promises like counterfeit money, with himself pasted over the portraits of greater men, says Guardian columnist Rafael Behr

Boris Johnson’s ‘loose change’ is hardly Roosevelt’s New Deal

FDR’s ‘expansionary’ plan amounted to £4,300 per head; Johnson’s to less than £100

UK on course for a V-shaped recovery, says Bank of England

Economic activity has picked up but unemployment could prove a major concern, says Bank’s chief economist

How does Boris Johnson’s ‘new deal’ compare with Franklin D Roosevelt’s?

The promise of £5bn to rebuild Britain is a far cry from the US recovery scheme of the 1930s