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Federal Reserve’s Jerome Powell says ‘the time has come’ for US interest rate cuts – as it happened

Live coverage as investors wait for signs at Jackson Hole summit of how fast US central bank will cut interest rates starting in September

‘Time has come’ for US Federal Reserve to cut interest rates, says Powell

Fed chairman hails progress in battle to bring down inflation, with cut rates starting from September

‘No blank cheques’: Rachel Reeves defends pay deals with unions

Chancellor rebuts Tory accusation she will be a soft touch and hints at tweak to debt rule to allow more borrowing

Paris Olympics boosts eurozone economic growth; UK business activity accelerates –as it happened

Olympic Games has delivered France’s best month of growth since March 2023, while UK economy is also strengthening in August

Paris Olympics gives eurozone economic boost after rise in spending

French service sector drives growth but experts warn strong figures mask disappointing performance elsewhere

UK ministers rule out joining youth mobility scheme with EU

Report that EU proposal on work and study for under-30s could be revisited is denied by government

China begins anti-subsidy investigation into European dairy imports

Inquiry into eight EU countries is latest chapter in hostility between Beijing and EU over trade

New US job market numbers weaker than expected as Fed eyes interest rate cut

The US created 818,000 fewer jobs than first calculated as the Federal Reserve hints at a rate cut

Economists predict higher taxes and borrowing after UK deficit overshoots forecasts – as it happened

Tough budget looms after UK deficit hits £3.1bn in July – ahead of City forecasts of £1.5bn, and soaring over OBR forecast of £100m

What personal tax rises might Rachel Reeves introduce to ease UK deficit?

We look at likely changes, as chancellor plans measures to plug £22bn public finances shortfall

Reeves can point to ONS public finances report as cover for a harsh budget

October review is expected to be eye-wateringly severe, but chancellor will draw on official data to make her case

UK government borrowing hits higher than expected £3.1bn in July

Figures come amid row between Labour and Conservatives over true state of public finances

It’s the Economy, Stupid! review – engaging account of maths, money and personal cost

Joe Sellman-Leava’s dramatised lecture, with droll asides from Dylan Howells, could hit harder at a greater length

Rachel Reeves planning to raise taxes and cut spending in October budget

Chancellor insists she still has large black hole to fill despite stronger than expected growth in first half of 2024

Company insolvencies in England and Wales higher in past year than during financial crisis; gold hits record highs – as it happened

Company failures dip in July, but over the last 12 months are higher than in 2008-09

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  • I’ve seen what the death of major industry did to Britain. Without a good revival plan, Burnham cannot succeed
  • Not cool: the air conditioning scams offering fake deals in the heatwave
  • Can I take the day off for England’s World Cup game – and what if I’m late for work?
  • Make Ed Miliband chancellor, ex-chief Treasury adviser tells Andy Burnham
  • Mayfair casino facing legal action after former waiter says he did not get fair share of tips
  • OpenAI’s apparent failure to visit key site raises questions over UK investment
  • As auto costs rise, will the US miss the golden age of electric vehicles?
  • Why can’t Britain turn its green revolution into cheap energy? A visual analysis
  • 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

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