Developing countries spend more repaying foreign debt than on education, UN reveals
Unesco report shows children lost out to servicing debt in 113 countries, with 18 spending five times more on loans
Oasis reunion helps draw record 25m ‘music tourists’ to UK concerts
Gigs by Gallagher brothers, Coldplay, Lana Del Rey and Beyonce gives £11bn boost to the economy
Andy Burnham urged to scrap income tax and NI in radical fiscal overhaul
Economists including Jim O’Neill write open letter calling for single levy to replace six key taxes to raise money for public services
Invest in Britain or I’ll force you to, minister tells pension funds
Business secretary Peter Kyle says asset managers should feel a patriotic duty to make the UK a success
UK Treasury yet to do due diligence on finding extra money for defence
How to hit the 3.5% of GDP spending promise made to Nato would be a matter for the next prime minister, MPs told
IMF upgrades UK growth forecast as fears over impact of Iran war diminish
July update projects GDP growth of 1% this year, making UK the third fastest-growing economy in the G7
Trump’s policy mayhem is making even the Maga faithful consider walking away
Even voters who identify as foot soldiers of his political army are increasingly willing to blame Trump for their economic troubles
Almost no progress made on UK regional household income divide in 30 years, report finds
Despite promises of successive governments, gap between richest and poorest areas consistent since 1997
Recession off the cards but Australia faces dreary outlook, economists say
De-escalation of war in the Middle East has lowered oil prices and eased fears of economic downturn but households are still feeling the pinch
Act soon to change ‘unsustainable’ direction of UK debt, OBR warns
Forecaster says curtailing rising costs such as health and pensions ‘are today’s challenge, not just tomorrow’s’
Half of Americans struggle to afford groceries and gas, exclusive poll finds
About 57% of polled Americans also believe economy is worsening in grim portrait of cost of living crisis, according to Harris survey for the Guardian
The EU that the UK left no longer exists
Andy Burnham’s rise has stoked talk of the terms for a future British return – but this is the wrong question, says political risk analyst Mujtaba Rahman
‘New direction, same old problems’: the economic challenges facing Andy Burnham
Blair met good fortune when he assumed office, others such as Wilson faced tougher times. The PM-presumptive will start firmly on the back foot
Make Ed Miliband chancellor, ex-chief Treasury adviser tells Andy Burnham
Nicholas Stern joins growing number backing Miliband, saying he has vision and experience to revive economy
UK service sector shrinks amid Iran war disruption and heatwave; FTSE 100 hits four-month closing high – business live
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