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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

Rolling coverage of the latest economic and financial news

Burnham’s funding gap: what state are UK finances in for the PM-in-waiting?

Given pressures on the public purse, the Makerfield MP may have to look at autumn tax rises to fund his ‘new direction’

US economy added fewer jobs than expected in June as World Cup fails to boost hiring – as it happened

US non-farm payrolls only increased by 57,000 in June, but unemployment rate fell

US employers added just 57,000 new jobs in June, lower than expected

The country’s unemployment rate dropped slightly to 4.2% as US job growth also slowed for the month

Trump refuses to renew US-Canada-Mexico trade pact he once championed

Trump and US officials opted to keep USMCA alive on short leash of annual reviews rather than longer term renewal

EU urged to exempt UK from car rules that could be worst Brexit impact yet

Bloc’s ‘made in Europe’ regulations risk shutting out British manufacturers in ‘most spectacular own goal in history’

Trump’s affordability crisis hits his supporters hardest as he calls housing bill of ‘minor importance’

A housing shortfall, record home costs and cuts to subsidies are intensifying the US affordability crunch

UK disposable incomes squeezed by price rises and tax changes

ONS confirms 0.6% GDP growth in first quarter, with services, production and construction sectors expanding

UK government ‘minded to intervene’ in Paramount’s takeover of Warner Bros Discovery – as it happened

Lisa Nandy, Secretary of State for Culture, cites need for sufficient plurality of views in news media

‘Commanding heights of the economy’: the postwar blueprint that inspires Burnham

In the second of a series on nationalisation, we look at the lessons from Clement Attlee’s administration

EU sets up three months of talks with China over €360bn trade deficit

Two sides agree to try to make bilateral relationship ‘more balanced’ after weeks of threats

What is Andy Burnham’s economic and political blueprint for Britain?

Plans include greater regional power, public ownership of utilities and the end of trickle-down economics

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  • Burnham pledges extra £210m towards regenerating boarded-up high streets
  • The Guardian view on Trump and Xi: a show of friendship, but no real attempt to address the tensions
  • Healey appoints Labour manifesto writer, adding to election speculation
  • White House television pool resumes after banned news outlets regain access
  • ‘Major milestone’: TfL to launch new public bus operator in London
  • Iran war drives UK diesel price to near record high, and makes interest rate rise ‘hard to avoid’ – as it happened
  • Revealed: the undisclosed safety data emerging as weedkiller maker faces Parkinson’s lawsuits in US
  • ‘Your body fights to stay cool’: workers toil in record heat as federal rule frozen
  • David Beckham takes £39m dividend as World Cup deals drive record profits
  • TalkTalk races to sell consumer and broadband arms as administration looms
  • Andy Burnham talks about ‘public control’ of the utilities but it’s a minefield. We can lead him through it
  • ‘Devastating’: council rejects Frome residents’ bid for regeneration project
  • Capital gains tax: how it works, and the pros and cons of another rise
  • CNN and MS Now journalists denied access to White House state dinner despite court ruling
  • UK food and drink trade deficit largest since 2000 at £21bn
  • France says EU’s ‘Made in Europe’ law should not include the UK
  • Launch of UK’s ‘largest AI supercomputer’ delayed by power supply problems
  • US mortgage rates top 7% for first time in 20 months
  • Vistry is the laggard in a housebuilding sector full of cracks
  • UK interest rate rise ‘increasingly likely’ with high energy prices; inflation fears hit bonds – as it happened
  • Reported assaults on Great Britain’s railways rise by fifth in a year
  • EU says Trump’s plan to ban US diesel exports would ‘negatively impact both sides’
  • Price hikes, ads and lower quality: has ‘streamflation’ ruined the TV experience?
  • ‘Eat the rich, save the planet’: climate protesters call out big tech’s disconnect from reality
  • ‘You can’t just bet everything on exports’: as its gas runs out, is Bolivia doomed to repeat history?
  • Oil price rise creates more pressure on UK policymakers before budget
  • Tell us: do you enjoy listening to music on CDs?
  • JoAnn Fabrics fans seek to stitch void left by private equity with crafts co-op
  • Flash sale: AO snaps up camera seller Jessops from Dragons’ Den star Peter Jones
  • From idealists to struggling sceptics: how Labour’s majority depends on five progressive voter types – in charts

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