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Bank of England paves way for negative interest rates

Governor says all options are open after UK sells first ever bond with negative yield

Roosevelt’s New Deal offered hope in desperate times. We can do the same now

His nation-building work programmes are an unsurpassed example of what governments can do when markets collapse, says author Eric Rauchway

The furlough scheme must be reformed to avoid mass unemployment

Expecting employers to pay up to 40% of furloughed staff wages will result in a second wave of massive job losses, says shadow chancellor Anneliese Dodds

TUC boss calls for new council to build fairer economy after Covid-19

Exclusive: Frances O’Grady calls for body to tie together government, unions and employers

Frances O’Grady: ‘this crisis has made us question everything’

TUC boss says that working people can’t pay the price for recovery from Covid-19 and calls for investment, not cuts

Treasury finally closes bonus loophole to firms receiving Covid-19 loans

State lending should promote corporate survival, not underwrite executive pay packets

UK coronavirus: George Eustice urges furloughed workers to pick fruit; death toll rises by 545 – as it happened

Official total now at to 35,341; UK facing ‘severe recession the likes of which we haven’t seen’, says Rishi Sunak

Chancellor plays down hopes of quick economic recovery

Rishi Sunak warns UK facing recession ‘the likes of which we haven’t seen’ due to Covid-19 crisis

China presents itself as rival to democracy and plays UK, says Labour

Foreign policy spokesman Stephen Kinnock says UK needs to stand up to Chinese economic intimidation

Despite UK furlough scheme 6 million fear losing their job – study

Survey finds 60% of workers are at most three months away from rent or mortgage default

Britain is at risk of ‘returning to 80s levels of unemployment’

UK must reabsorb those out of work due to Covid, says Bank of England’s chief economist

Labour to plan green economic rescue from coronavirus crisis

Exclusive: Ed Miliband calls for creation of ‘zero-carbon army’ for eco-friendly industries

Revolt over easing of coronavirus lockdown spreads as poll slump hits Boris Johnson

Manchester mayor unleashes fury at Johnson plan, while public approval for easing of lockdown strategy plummets

Debt will soar: the government must just stay cool and focus on growth

Some in the Treasury are panicking about a debt pile set to hit 115% of GDP, but the chancellor – and most economists – agree that austerity is not the answer

Rightwing thinktanks call time on age of austerity

Free market bodies relaxed about the ramping up of UK debts, though have limited faith in the Tories’ investment decisions

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  • European parliament finally approves Trump tariff deal
  • SpaceX to buy AI coding firm Anysphere for $60bn and passes Amazon valuation
  • Finally, an interest rate reprieve – but a ceasefire in the Middle East doesn’t have the RBA popping champagne yet
  • ATO outsource call centre workers paid 40% less than public service peers, Fair Work submission claims
  • Brent crude falls to three-month low below $80 as Iranian oil tankers ‘resume shipping’ – as it happened
  • Retail giants join UK government drive to boost ‘plug-in’ balcony solar panels
  • Thames Water nationalisation moves closer as government objects to rescue deal
  • Fujitsu chair resigns after ‘woman-related inappropriate conduct’
  • Paramount rejected ad criticizing its owners and Warner Bros acquisition
  • US student debt repayment system is being overhauled – here’s what to know
  • Bank of Japan raises interest rates to 31-year high … of 1%
  • Kingsmill owner cleared to create UK’s biggest bread brand with Hovis takeover
  • RBA interest rates: Reserve Bank holds official cash rate at 4.35%
  • EV prices in UK and EU not likely to dive due to Chinese rivalry, says Xpeng boss
  • Starmer vows new sanctions on Russia and nuclear energy support for Ukraine
  • Oil prices hit three-month low and markets reach record high amid Iran deal breakthrough
  • Canada eliminates human rights watchdog that oversees companies operating abroad
  • City & Guilds bosses awarded themselves millions in bonuses, investigation finds
  • Backlash against ‘short-termist’ UK plans to weaken EV sales targets
  • Wall Street and European markets hit record highs and oil price falls to three-month low after US-Iran peace deal – as it happened
  • EU trade deficit with China reaches record €1bn a day, data shows
  • Oil and gas unlikely to return to prewar prices for months even if Hormuz reopens
  • Spielberg’s Disclosure Day opens strongly at box office as Obsession, Backrooms – and Michael – smash records
  • Settler products from occupied Palestine sold to Europe as Israeli, investigation finds
  • US and UK central banks expected to keep interest rates on hold amid Iran peace deal
  • UK’s oldest Indian restaurant takes crown estate to court over threatened eviction
  • Listen to manufacturers and unions: high electricity prices are killing industry
  • From Bloomsbury to Whitehall: new play reimagines life of John Maynard Keynes
  • Mike Ashley’s Frasers follows Hugo Boss bid with offer for Australia’s Accent
  • Investment fraud in UK soared to more than £220m lost last year, trade body says

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