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UK’s economy shrinks unexpectedly by 0.1% in October

GDP figures underline scale of challenge for Labour to get the economy growing

The Guardian view on politicians using business logic: public services aren’t startups

Editorial: When an insecure government borrows credibility from business leaders, a lot can go wrong

US inflation rises slightly; Close Brothers granted permission to appeal against motor finance ruling – as it happened

Inflation rises to 2.7%, as expected, but markets still expect a quarter point Fed rate cut next week

Fed could cut interest rates again as US inflation barely moves in November

Federal reserve could cut rates for third time this year as prices rise 2.7% compared with a year before

Wednesday briefing: Everything you wanted to know about the spending review (but were afraid to ask)

In today’s newsletter: All governments do them. But what exactly are they and how can you tell if they worked or not?

UK politics: Kemi Badenoch criticised by Nigerian vice president for ‘denigrating’ his country – as it happened

Kashim Shettima said Nigerians are proud of Badenoch’s achievements, despite her denigrating the country where she was brought up

EU’s new competition chief signals reform of anti-trust and state aid rules

Teresa Ribera says changes are needed to make it easier for innovative firms to merge and spur the green transition

Fix SEN funding to avoid ‘absurd’ council deficits in England, IFS says

Thinktank calls on government to set a long-term vision for radical change

Chancellor orders ministers to submit spending plans to private sector experts

Rachel Reeves to wield ‘iron fist against waste’ by examining departments’ expenditure line by line

UK job vacancies fall at fastest rate since pandemic as business confidence slumps

Blow to Labour growth hopes as poll finds demand for staff falling at ‘sharp and accelerated pace’, particularly in permanent roles

Reeves to pledge closer EU ties in pivot from post-Brexit ‘division and chaos’

First speech by UK chancellor to eurozone finance ministers since 2020 will promise ‘business-like’ approach to relations

Starmer to meet Saudi crown prince in push for infrastructure cash

Wooing of Mohammed bin Salman controversial because of human rights concerns

US adds 227,000 jobs in November as Fed expected to cut interest rates again

Latest report follows October’s disappointing tally as Fed likely to cut interest rates for third time in 2024

If Trump’s tariffs start a trade war, it would be an economic disaster

The president-elect’s two main arguments for his tariff threat – to reduce migration and to combat drugs – are not credible

UK services sector ‘close to stalling’ after budget tax rises, data shows

S&P survey shows sector narrowly avoided contraction in November as firms worried about employment costs

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  • Severn Trent doubles CEO reward plan to £3.1m despite anger over water pay
  • Peter Checkland obituary
  • London has lost ‘catastrophic’ 89% of car club vehicles since Zipcar exit
  • UK service sector shrinks amid Iran war disruption and heatwave; FTSE 100 hits four-month closing high – business live
  • New pipeline in Canada to proceed after C$150bn pledged to ease BC and First Nations concerns
  • A council housebuilding boom is central to Burnham’s vision. Can it be done?
  • UK summer bookings jump as Britons put off overseas holidays by travel fears
  • Starling Bank to cut 130 jobs and boost investment in AI to reduce costs
  • Police criticise decision to let pubs stay open until 5am for England match
  • Gymshark founder in talks to buy back part of stake sold to private equity firm
  • Burnham’s funding gap: what state are UK finances in for the PM-in-waiting?
  • ‘Don’t kill music’: Anthony Albanese’s favourite bands beg PM to stop AI companies from stealing their work
  • Burnham promises to ease cost of living pressures if he becomes prime minister
  • Infrastructure cuts to pay for defence will cost UK 10,000 jobs, analysis shows
  • Keir Starmer to allow pubs to stay open until 5am for England v Mexico match
  • US economy added fewer jobs than expected in June as World Cup fails to boost hiring – as it happened
  • FCA ordered to partly suspend car finance compensation scheme
  • US employers added just 57,000 new jobs in June, lower than expected
  • MPs seek to end UK broadcast of Russian ‘soft power’ cartoon Masha and the Bear
  • Ministers call for better tracking of teenagers at risk of dropping out of work or training in England
  • Ryanair warns of summer ‘queue chaos’ at EU airports over fingerprint checks
  • All the whey up! How a dairy byproduct became the star of the ‘proteinmaxxing’ boom
  • Fans in short supply as next UK heatwave approaches, says Currys
  • Billionaire to invest £35bn in small modular nuclear reactors rollout across UK
  • Bankers and unions set for clash over possible Burnham tax raid on UK banks
  • OpenAI ‘in early talks to give 5% stake to US government’
  • Why is Nigel Farage being paid so much to promote a gold bullion company?
  • What are the new EU border checks and how will they affect your summer holiday?
  • Starmer’s goodbye gift to Britain: a US pharma deal that could be more lethal than Covid
  • Andy Burnham urged to be radical on economy to help Labour win next election

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