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Rachel Reeves planning to raise taxes and cut spending in October budget

Chancellor insists she still has large black hole to fill despite stronger than expected growth in first half of 2024

Labour’s autumn budget must reverse ‘decade of decline’ in UK infrastructure

Economy held back by ailing transport network, with poor roads adding to logistics costs, say manufacturers

GDP growth is strong but it masks UK plc’s deep-seated structural problems

Rachel Reeves must show how the Tories failed to tackle longstanding productivity, investment and trade deficits and stress how Labour can

Labour is fast discovering that Britain needs more than a Band-Aid to restore it to health

The country faces grave and deep-seated problems that only bold – and expensive – policies can address

The Observer view on growth: Labour must be prepared to spend

Public sector pay rises are vital, but raising the revenue to pay for them will be difficult unless fiscally conservative policies are lifted

‘A big ask’: can Labour fix Britain using modern supply-side economics?

Turning to a theory championed by the US Treasury secretary, Reeves aims to upskill the workforce while boosting productivity

RBA downplays role of government spending in stoking inflation

Governor Michele Bullock cites consumer spending and China’s slowdown as bigger influences on Australia’s economic trajectory

The Guardian view on Scottish politics today: the SNP is down but it is definitely not out

Editorial: Labour commands the field, but its general election success is unlikely to be repeated in the 2026 Holyrood contest

UK economy continues recovery from recession with GDP growth of 0.6%

ONS data shows strong performance in second quarter with the service sector helping drive growth

Does strong economic growth so far in 2024 bode well for Rachel Reeves? Don’t count on it

GDP growth juddered to a halt in June, backing theory the rebound is weak. The next six months could be tough

The Guardian view on Labour’s economic message: blaming the Tory legacy isn’t enough

Editorial: Without a clearer sense of a national destination, the prime minister risks being cast as an agent of continuity instead of change

Reeves should nail down UK AstraZeneca deal. A collapse would be embarrassing

Chancellor hopes to cut state aid for Speke vaccine plant to £40m. But pro-growth Treasury must not let project slip overseas

Liz Truss leaves stage over ‘I crashed the economy’ lettuce banner

Former PM says ‘that’s not funny’ when remote-controlled banner is unfurled behind her at event in Suffolk

UK unemployment falls as wages growth hits lowest in two years

Rachel Reeves says there is more to do in supporting people into employment and she will take action in budget

Jobs market uncertainty causes headache for Bank of England rate setters

While the overall economic picture looks relatively benign, deep structural problems remain

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