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
No more fiscal favours? Calls to tax super-rich gain traction around world Even rightwing governments are joining in with G20-led push to make wealthy pay, with Italy doubling flat tax on foreign income
Why August is one of the most dangerous months in the financial calendar Historically, crises have often erupted in late summer, which is why this week’s mini crash set alarms ringing
Jobs market and pay growth are cooling off, large UK employers and recruiters warn Survey reveals net fall in permanent jobs last month amid lengthening slowdown in employment market
The RBA left interest rates on hold – but don’t get your hopes up for a cut any time soon Governor Michele Bullock makes clear that any expectation of rate cuts this year ‘not aligned’ with bank’s present thinking
Two-child benefit cap is cementing regional poverty, Starmer told North-west and West Midlands worst hit, says thinktank, and in some areas half of children live below breadline
Manufacturers and unions join forces to press for UK industrial strategy Exclusive: Industry leaders urge government to ‘seize the goodwill’ while at critical moment in attracting global investment
A simple solution to Rachel Reeves’ spending cuts? Stop subsidising the banks A £22bn ‘black hole’ could be filled overnight if Labour stopped paying unnecessarily high interest on balances at Threadneedle Street
The Guardian view on interest rate cuts: helpful for some, but costs are too high for too many Editorial: Even after the base rate reduction, businesses and households will still be paying record sums to borrow
Bank of England braced for knife-edge interest rate decision Markets predict quarter-point cut to 5% when policymakers’ decision is announced on Thursday
Greens say Labour should focus more on building council homes and that new housing plan is flawed – as it happened Rayner says housing target system will raise number of homes planned to 370,000 and confirmed targets will be mandatory
Reeves accuses Hunt of £22bn lie; nonsense, he says. What’s the truth? Shadow chancellor says successor confected story of ‘black hole’ to distract from tax rises, but things are not clearcut
Tuesday briefing: What Rachel Reeves’ ‘tough choices’ mean for Britain In today’s newsletter: The new chancellor announced a series of public spending cuts, blaming the previous government while also looking to their playbook
Reeves moves fast to tackle £22bn budget shortfall ‘covered up’ by Tories Measures include cutting winter fuel payments for wealthier pensioners and shelving cap on social care payments