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Bank of England policymaker argues for holding interest rates until inflation pressures ease – as it happened

Live coverage of business, economics and markets as Jonathan Haskel says UK ‘inflation will remain above target for quite some time’

Rachel Reeves requests urgent assessment of spending inheritance

MPs will hear assessment this month as new chancellor tries to pin blame on Tories for tough decisions ahead

Labour must stay ‘laser-focused’ on delivering growth, say business groups

CBI among a number of organisations to call for tough decisions that help companies to attract investment

Rachel Reeves pledges to ‘fix foundations’ of UK economy with growth plan

Chancellor will use first speech to declare ‘national mission’ that involves unblocking infrastructure and private investment

Of the UK economy’s two possible endings, the happy one is more likely

Will the credits roll as Starmer wins big in 2029 or will Reeves be boxed in by her own fiscal rules and leave the economy in a worse state?

Keir Starmer ruled out rejoining the EU. Now he must think again

Labour’s new prime minister is in a position of strength in relation to Brexit. He must be bold for Britain’s sake

Great Britain? by Torsten Bell – why Labour must move fast and fix things

The influential policy wonk and new MP for Swansea West sets out how the government can show it means business

Former Tory minister may become Labour’s ‘planning tsar’

Approach made to Nick Boles as Starmer prepares to announce immediate changes to regulations

‘They need to be brave’: business leaders react to Labour’s victory

Figures from across industry on the challenges Keir Starmer must tackle, from strikes to post-Brexit trade

US economy adds 206,000 June jobs as labor market cools slightly

Number is close to what was expected, as unemployment rate creeps above 4% for first time in two years

Housebuilders rally as investors bet on Starmer’s new homes pledge

Labour’s planning reforms ‘positive’ for sector while currency markets had priced in the election landslide

Markets left barely stirred by Labour’s thumping election win

The City is relaxed about a result that it expects to bring only modest change as the economic outlook improves

Pound holds steady after exit poll predicts Labour landslide victory

Sterling trading unchanged as investors expect decisive win will bring stability to UK after years of economic uncertainty

Is Shein really worth £50bn? Reasons to be sceptical are piling up

Shein failed to list in the US and now the EU is planning customs duties that may dent its business model

EU plan to impose import duty on cheap goods could dent Shein and Temu

Brussels move to end tax loophole exploited by China-linked marketplaces could also hit Shein’s planned London listing

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  • Anthony Kasozi obituary
  • EasyJet agrees to £5bn takeover by US investment firm
  • The Guardian view on private equity in the public sector: children’s services must be freed from debt-fuelled takeovers
  • Delivery firm Evri sues BBC for £1.2m over Panorama documentary
  • ‘New direction, same old problems’: the economic challenges facing Andy Burnham
  • ‘Did Westminster just ignore buses?’ Burnham aims to shake up UK transport
  • 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

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