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Has the coronavirus crisis killed neoliberalism? Don’t bet on it

The intention of government policies is to return to ‘normal’ as soon as possible, says Alex Doherty, host of the Politics Theory Other podcast

Low-paid workers bear brunt of coronavirus recession, study shows

One in three of lowest-paid have either lost their jobs or been furloughed, Resolution Foundation finds

Government’s grip of Covid-19 recovery will throttle villages and city centres alike

Ministers have learned the wrong lessons from the coronavirus crisis – their ignorance of local needs will doom the economy

How will Britain dig itself out of a £300bn coronavirus hole?

Despite the deficit heading for a peacetime record, today’s Tory party has little appetite to repeat austerity

UK budget deficit to rise to £300bn this year, OBR says

Bill rises by £20bn in past fortnight as tax revenue dwindles and state spending soars to head off economic meltdown

Cuomo is letting billionaires plan New York’s future. It doesn’t have to be this way

The New York governor is replacing elected representatives with private, unaccountable monopolists, and lawmakers across the US are doing the same thing

The scare stories about government debt are back. Ignore them

Fiscal hawks are using the same lines as they did in 2009. But there’s no reason to fear a sovereign debt crisis, says economics professor Simon Wren-Lewis

UK coronavirus live: No 10 uses wrong quote to reject Starmer’s claim PM misled MPs about care home advice – as it happened

Labour leader questions prime minister on excess deaths; chancellor Rishi Sunak warns of ‘significant recession’; death toll now 33,186

The Guardian view on the UK economy: deep depression and a huge bill ahead

Editorial: The pandemic is pushing the UK into a historic slump. The government is now the spender of last resort

Treasury considers tax hikes and pay freezes to cover Covid-19 costs

Britain’s budget deficit expected to hit £337bn this year after spending surge

As in 2008, this crisis will bring winners and losers. This time, let’s get it right

Progressives missed an opportunity after the last crash. To fix our broken economy after Covid-19, we need bold new ideas, says Carys Roberts, executive director of the Institute for Public Policy Research

UK furlough Q&A: All you need to know about the coronavirus job retention scheme

The scheme has been estimated to cost the Treasury £12bn per month for 7.5m employees

EU faces ‘existential threat’ if coronavirus recovery is uneven

Economy commissioner Paolo Gentiloni says bloc needs a sound plan to avoid divisions

Chancellor extends UK furlough scheme until end of October

Rishi Sunak says programme will run for further four months as Britain exits lockdown

State-backed loan schemes deliver £15bn to UK businesses

Chancellor says 304,000 firms have benefited in sharp increase in lending during pandemic

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  • US small business owners: how are you operating in the current economic climate?
  • 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

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