Asda sales fall as customers switch to supermarket rivals – as it happened Asda, Britain’s third biggest supermarket group, posted a 5.3% decline in underlying sales in the three months to the end of June
Repossession claims in England and Wales at highest in five years Both bank and landlord cases rise but remain below pre-Covid levels, despite tough cycle of interest rate rises
The violence was shocking but not surprising: Britain’s economy makes it ripe for far-right thuggery Labour is right to get tough with rioters. But that won’t solve the deep-seated problems stoking the disorder, says the Guardian’s economics editor, Larry Elliott
Jobs market and pay growth are cooling off, large UK employers and recruiters warn Survey reveals net fall in permanent jobs last month amid lengthening slowdown in employment market
The Guardian view on a tech bubble going pop: AI pays the price for inflated expectations Editorial: Investors may have got too excited about something they don’t fully understand – and are now paying the price
FTSE 100 jumps 1.75% after Japan calms rate rise fears – as it happened BoJ deputy governor plays down immediate prospects of further interest rate rises, sending stocks up in Tokyo, across Europe, and on Wall Street
UK recovery ‘will accelerate and force Bank to keep interest rates higher for longer’ Niesr forecasts raise doubts over chance of further cuts by Bank of England before end of year
Unions welcome scrapping of Tories’ ‘spiteful’ minimum service law Senior figures praise repeal of law but privately some want full workers’ rights overhaul implemented without delay
UK construction sector grows at fastest pace in more than two years Strong expansion in July amid optimism that Labour’s shake-up of planning laws will increase activity
Share market chaos explained: what’s behind the stock meltdown and will there be a recession? Share markets around the world saw huge falls on Monday – with Japan’s Nikkei sinking by 12% – after questions over the health of the US economy
Warm weather lifts UK retail sales in July but shoppers shun big purchases Rise in clothing and beauty marks recovery from washout June, says British Retail Consortium
Shares in New York and London tumble on fears of US recession FTSE 100 on track for its lowest close since April and Japan’s Nikkei suffers biggest fall since crash of 1987
Warning signs of US recession may be bad news for Kamala Harris Cracks in labour market provide Trump with evidence for his message that Biden has been disaster for the economy
Wood Group suitor pulls out of takeover, blaming market turmoil Shares in FTSE 250 company slump 37% in early trading after Dubai-based Sidara cites geopolitical risk
What can I do about my mortgage now the base rate has been cut? It was good news for homebuyers as interest rates finally went down. But it has raised a lot of tricky questions for them