Large English vineyards mark boom year as output and investment soar

Though tiny compared with rivals, English wine trade is thriving as climate crisis fuels flood of new capital from investors

Fears of further market turmoil deepen after US economic data spooked investors

Analysts await key services sector metric to gauge US vulnerability to recession as stocks in Middle East fall amid regional tension

UK food industry says lack of testing capacity forcing imports back to EU for checks

Trade bodies blame lack of lab facilities at Brexit border posts for longer delays and shorter shelf life of food

A simple solution to Rachel Reeves’ spending cuts? Stop subsidising the banks

A £22bn ‘black hole’ could be filled overnight if Labour stopped paying unnecessarily high interest on balances at Threadneedle Street

Britain didn’t vote Labour just to get a new iron chancellor

Rachel Reeves once spoke about long-term borrowing for vital projects. Now she seems to embrace the spirit of Thatcherism

Labour is still in its ‘phoney’ period. Far tougher tests await in autumn

When the honeymoon ends, Keir Starmer’s team will be judged on pressure points from the economy to North Sea oil drilling, writes Guardian columnist Martin Kettle

US jobs data ‘flashing red’ as poor growth sparks Wall Street sell-off

Fed chair urged to ‘cancel his summer vacation’ and take action as unemployment rose to highest rate since October 2021

Don’t be fooled by the interest rate cut – higher rates are here to stay

Mortgage payers and business owners vainly hope cut to 5% signals return to pre-pandemic era of cheap borrowing

Federal Reserve interest rate cut bets rise as US jobs disappointment fuels growth fears – as it happened

Non-farm payrolls show US economy created 114,000 jobs in July, well below expectations, sparking speculation of an emergency interest rate cut

Fear of US recession rattles global markets as tech shares fall

Europe’s main indices all decline and Japanese equities suffer worst day since 2020 while gold hits fresh record

Insurance boss issues warning over using pensions to drive UK growth

Government must defuse ‘ticking timebomb’ of people not saving enough for retirement, says Royal London CEO

US investors trigger major Wall Street sell-off over recession fears

Cooling job market, slowing manufacturing and tumbling stock market lead to big tech sell-offs

Bank of England cuts interest rates to 5% in first reduction since March 2020

Committee votes by five votes to four in favour of cut as governor says inflationary pressures have eased enough

The Guardian view on interest rate cuts: helpful for some, but costs are too high for too many

Editorial: Even after the base rate reduction, businesses and households will still be paying record sums to borrow

Public sector pay rises unlikely to drive up inflation, says Bank of England after interest rate cut – as it happened

City economists predict further cut in November, after first reduction in UK interest rates since 2020, as Bank lifts its growth forecast for this year