IMF raises UK growth forecast and backs Reeves’s deficit reduction plans; bonds recover after sell-off – as it happened

International Monetary Fund says ‘Staying the course on deficit reduction will be important’ for the UK, in annual assessment of the economy

Donald Trump’s approval rating sinks to lowest point of second term

US president’s approval rating falls to 37% days after he said Americans’ financial situation is not motivating him to broker deal with Iran

Rising prices are Britons’ biggest money worry as inflation stays high, survey finds

Households ‘increasingly gloomy’ about finances amid fears of interest rate rises due to higher fuel prices

IMF urges UK to ‘stay the course’ on borrowing amid Starmer uncertainty

Washington-based fund praises Rachel Reeves for aiming to cut budget deficit as it upgrades growth forecasts

Oil prices rise and bonds wobble as Iran war stokes inflation fears

Trump warning over peace talks drives up crude price as UK gilts hit by uncertainty over Starmer leadership

UK firms halt investments and hiring as Iran war pushes up costs, bosses warn

Survey shows businesses ‘struggling to absorb latest economic shock’, while data says April vacancies down 7.7%

Crime increasingly a ‘serious barrier’ to UK growth, say business leaders

British Chambers of Commerce survey shows firms ‘are dealing with rising levels of theft, fraud and cyber-attacks’

The Guardian view on Cuba: Trump says he can do ‘anything I want’ to the island. It doesn’t belong to him

Editorial: Buoyed by his removal of Venezuela’s Nicolás Maduro, the US president is intensifying an economic stranglehold and military menace

Whatever happens with the leadership, Labour must tackle the issue of social care head-on

The challenge of how to look after an ageing population has been ducked by politicians for too long

‘It was like a mosh pit’: Swatch closes stores as watch launch causes crowding and scuffles

Paris police used teargas on Saturday and UK shops stayed shut on Sunday after rush for Royal Pop timepieces

Pound heads for worst week in 18 months as Burnham lines up Labour bid

UK government borrowing costs jump amid political uncertainty and oil price rise that fuelled inflation worries

UK borrowing costs hit new highs as City traders brace for Burnham, and pound heads for worst week since 2024 – as it happened

UK 10-year government bond yields have hit their highest since 2008

Wealth of Britain’s 157 billionaires now equal to 22% of country’s GDP

This ‘ghost GDP’ shows how headline economic growth is increasingly disconnected from reality for most, says report

From Team Reeves to Manchesterism: Labour’s four economic camps explained

Wes Streeting or Andy Burnham could launch a leadership bid – here are policies from which they could choose

The Federal Reserve’s independence is hanging by a thread in the age of Trump

The president’s ultimate goal is to push the Fed – among other independent US institutions – to bend to his will