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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

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

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  • As the US midterms approach, Trump’s boasts on the economy fall flat with voters
  • Gouged: why Americans are being ripped off – and what to do about it
  • Boss of Beaverbrooks urges government to give businesses ‘a bit of a break’
  • Most of UK’s essential food supply grown in drought-risk areas, report warns
  • Burnham dodges questions on Heathrow third runway as project faces four-year delay
  • With turbulence all around, Armani plays it safe and easy in Milan
  • Burnham’s plan for a radical reset collides with economic reality
  • Democracy blindsides Silicon Valley’s power players looking to transform the world with AI
  • ‘It’s problematic’: concern as weight-loss jab maker sponsors Vogue World event
  • London’s investment bankers and lawyers make more than £1bn in takeover frenzy
  • Poland is racing ahead with military spending – but will it help or damage its economic growth story?
  • ‘I can deliver’: Burnham pledges radical change on eve of Labour conference
  • Andy Burnham announces new homes scheme for first-time buyers
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  • Three-quarters of UK’s popular plug-in hybrid cars unable to use rapid chargers
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  • ‘I felt shame’: former BA worker locked in legal battle after losing job of 30 years
  • Vast Casino Secrets leak exposes inner workings of offshore gambling firms
  • Burnham pledges extra £210m towards regenerating boarded-up high streets
  • The Guardian view on Trump and Xi: a show of friendship, but no real attempt to address the tensions
  • Healey appoints Labour manifesto writer, adding to election speculation
  • White House television pool resumes after banned news outlets regain access
  • ‘Major milestone’: TfL to launch new public bus operator in London
  • Iran war drives UK diesel price to near record high, and makes interest rate rise ‘hard to avoid’ – as it happened
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