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