The global south needs more than tinkering at a conference: debt forgiveness is the only fair way

Next week, a UN summit in Seville will discuss the future of financing the world’s poorer nations. It should first concede that the old methods have failed

Starmer still faces Labour anger over risk of ‘two-tier’ disability benefits

Rebel MPs will try to lay new amendment on Monday giving colleagues a chance to delay bill despite No 10 concessions

Reeves expected to freeze income tax thresholds to raise funds after welfare U-turn

Government’s concessions over welfare cuts leave chancellor with a growing hole in her budget

Wall Street hits record high on trade deal hopes; UK car exports to US halve due to tariffs – as it happened

Rolling coverage of the latest economic and financial news

Rising poverty in conflict zones ‘causes a billion people to go hungry’

In first assessment since pandemic in 2020, World Bank urges other countries to step up support

EU ready for trade deal with US but ‘all options on the table’, says von der Leyen

European Commission president says EU will ‘defend the European interest as needed’ as Trump threatens 50% steel tariffs

People dying early of cancer costs UK economy £10.3bn a year, study finds

Cancer Research UK says this is more than any other health condition and 350,000 years of productivity are lost

Office for National Statistics has ‘deep-seated’ problems and needs an overhaul

Devereux Review on the UK’s main statistics body also says a revision of past figures may be required

Bank of England governor warns of slowdown in the UK jobs market; review finds failings at ONS – as it happened

Andrew Bailey says slack appearing in labour market, after Keir Starmer tells businesses they have made a ‘huge difference’

Growing signs of slowdown in UK jobs market, says Bank of England governor

Andrew Bailey warns of ‘significant decline in wage growth in year ahead’ as Bank prepares for interest rates decision

Chinese exports to UK rise as firms seek to avoid US tariffs

Data shows 16.1% jump as Bank of England suggests influx of cheaper goods could bear down on inflation

Post-Brexit Britain ‘too focused’ on major trade deals, ministers say

New strategy to focus on ‘more agile’ modest agreements, as opposed to wide-ranging deals

British Business Bank back in the spotlight with £10bn UK growth mandate

Louis Taylor, CEO of state-owned lender, targets investment in eight key UK sectors as he prepares defence at Covid inquiry

Eurostar passengers suffer ‘nightmare’ disruption after ‘cable theft’ disrupts services; Nasdaq 100 tech share index hits record high – as it happened

Disruption between St Pancras and Gare du Nord after theft of cables at Lille leave passengers stranded

Bank governor wades into row over Reeves’ focus on fiscal rule forecasts

Andrew Bailey says OBR projections – which the chancellor uses to calculate headroom – shouldn’t be ‘over-interpreted’