Bank of England holds interest rates at 3.75% as inflation fears mount

Split vote comes as Iran war is rekindled and oil price climbs close to $90 a barrel

Only the Middle East crisis is preventing a drop in UK interest rates

Bank’s wariness about inflationary pressures from the conflict lie behind decision to hold steady at 3.75%

UK faces ‘very difficult trade-offs’ in budget because of Iran war, say analysts

Leading thinktank says higher oil prices and inflation will give Andy Burnham a ‘challenging inheritance’

Wealthy gen Xers stand in the way of a Burnham tax on the super-rich

If Andy Burnham wants to make the system fairer he will need to upset the professional classes with a land value tax

Regional mayors to take key roles in UK policy decisions as part of No 10 North plans

Burnham says ‘no one in government loses when power is shared’ as he revives Brown-era national economic council

Business rates cut for pubs, clubs and music venues in England only ‘a small move’, say critics

Hospitality businesses call on Andy Burnham to cut VAT and extend help to hotels and restaurants

The Guardian view on Andy Burnham and devolution: it takes a powerful centre to decentralise power

Editorial: When it comes to driving an agenda from No 10, the prime minister seems to have learned important lessons from his predecessor’s failure

The Treasury will check Andy Burnham’s ambitions – unless old orthodoxies are challenged

Fifty years ago, another Healey ran the Treasury. Today’s chancellor may find some things haven’t changed, says Guardian columnist Larry Elliott

Fiscal hawk or big spender – what kind of chancellor will John Healey be?

Diligent, popular, unexpected pick for the Treasury has been given a straitjacket – and the job of funding PM’s policy promises

Andy Burnham shakes up Whitehall with new government department

Office of Prime Minister and Cabinet, led by Louise Haigh, will oversee both No 10 in London and Manchester

Andy Burnham to cut VAT on electricity bills as first cost of living move

Newly appointed chancellor John Healey says reduction will be funded by cancelling digital ID scheme

Andy Burnham vows to ‘bring back hope’ as he unveils his cabinet

New prime minister says government must ‘do better’ to deliver change but promises prudent approach to economy

The Guardian view on Andy Burnham’s first day: the right vision, but time is of the essence

Editorial: Outside Downing Street, Britain’s new prime minister struck the right notes. Now he and his cabinet need to be brave

Jeff Bezos and UK government invest in £2bn British startup CuspAI

Company aims to develop AI software that cuts research times and use of rare metals in chipmakers’ supply chains

Andy Burnham says he will go ‘faster’ than Starmer. Why is that so hard?

Is the machinery of state jammed, or is the reason for the slow pace of change more personal than institutional?