Three international bodies warn of risks of rising debt and soaring borrowing in major economies

IIF highlights challenges facing US, France, UK and Japan, while OECD and IMF also voice global concerns

Critics of UK government’s economic forecaster are ‘shooting the messenger’, say MPs

Treasury committee rejects calls for fundamental reform of independent watchdog the Office for Budget Responsibility

Oil falls below $100 a barrel; UK government borrowing paints ‘dismal picture’ as bond vigilantes assemble – as it happened

The rising cost of servicing the UK national debt pushed up borrowing last month, while oil is dropping, and M&G holds Bond Vigilantes Forum in London

UK borrows £18bn in August, putting pressure on Healey before budget

Some economists say it is now ‘inevitable’ that chancellor will need to raise taxes in the budget next month

EU spends three times more on imports from China than bloc exports there

Days before Xi Jinping’s summit with Donald Trump, new study shows trade deficit ran at more than €1bn daily in July

Fears over interest rate rise and jobs send UK consumer confidence to three-year low

Blow to John Healey before budget as UK households face ‘notable strain’ on their finances

All the signs say another financial crisis is coming. Here’s why we need to prepare for it now

War, AI disruption and markets in turmoil: the warnings are all there. But lessons from the 2008 crash could help us, says Guardian columnist Larry Elliott

UK urged to strengthen financial muscle of national wealth fund to aid economy

Unions, thinktanks and others say overhaul could provide investment Britain needs

UK minister warns of impact of Trump’s Iran war on next month’s budget

Bridget Phillipson says Burnham’s past criticisms of US president not an issue as PM prepares to meet Trump at UN

Are global stock markets heading for a crash?

Economies thrown into renewed turmoil as AI debt, Iran war and soaring government bond yields fuel alarm

Software defect blamed for UK air traffic control chaos; FTSE 100’s worst day since July; Volkswagen cuts outlook – as it happened

Rolling coverage of the latest economic and financial news

Retail sales bounce back in Great Britain amid brighter signs for economy

Latest data to defy economic gloom shows 0.5% rise boosted by purchases of sports items, aircon units and fans during heatwaves

US wheat farmers navigate uncertainty amid drought and geopolitical chaos

Some experts worry factors affecting wheat exports could push global food prices even higher than they are now

Japan raises interest rates to 31-year high to curb impact of rising prices

Increase from 1% to 1.25% follows US Federal Reserve and European Central Bank tightening monetary policy

Global leaders urged to join initiative to fight extreme inequality

More than 1,500 academics and economists sign letter, calling growing gap between richest and poorest ‘a policy choice that can be reversed’