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

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

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

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

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

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

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

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

Even rightwing governments are joining in with G20-led push to make wealthy pay, with Italy doubling flat tax on foreign income

Historically, crises have often erupted in late summer, which is why this week’s mini crash set alarms ringing

Survey reveals net fall in permanent jobs last month amid lengthening slowdown in employment market

Governor Michele Bullock makes clear that any expectation of rate cuts this year ‘not aligned’ with bank’s present thinking

North-west and West Midlands worst hit, says thinktank, and in some areas half of children live below breadline

Exclusive: Industry leaders urge government to ‘seize the goodwill’ while at critical moment in attracting global investment