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Brussels accuses Apple of breaking EU rules; Badenoch and Reynolds clash over business – as it happened

Business secretary Kemi Badenoch and Labour opposite number, Jonathan Reynolds, debate key issues

Labour would raise taxes rather than cut spending if growth is weak, says IFS

Thinktank’s director Paul Johnson says pressures on spending would be too powerful for party to make cuts

‘The greatest thinker you’ve never heard of’: expert who explained Hitler’s rise is finally in the spotlight

After fleeing Hitler, brilliant Jewish economist Karl Polanyi was never welcomed by the British. Now, for the first time in 80 years, his masterwork The Great Transformation has been published in the UK

Tories did not lay waste the economy, but the myth suits Labour’s campaign message

Without minimising the challenges faced by Starmer and Reeves, it is actually not a bad time to be arriving in office

The falling birthrate threatens a disaster so costly no politician dares think about it

A demographic timebomb caused by an ageing, shrinking population is looming for many western countries, so where are the policies to defuse it?

A Norway deal? Rejoining? What are Labour’s options for forging closer ties with Europe?

Starmer and Reeves plan to improve parts of the relationship with the EU. But what of becoming a member of the single market – or even a return to full membership?

This timid ‘Ming vase’ strategy won’t turn Labour into a dynasty

Caution is understandable, but, if elected, Starmer and Reeves will need to make bold decisions on investment and Europe

The Observer view on Labour’s economic strategy: EU is the key to growth

With polling revealing 56% think Brexit has had a bad effect on the economy, Keir Starmer has wriggle room for renegotiation

Starmer’s growth plan ‘doomed’ without access to EU markets, warn economists

Labour leader told if elected he will have to rejoin the customs union to meet party’s manifesto pledges, while 56% of voters say Brexit was bad for economy

Tata Steel workers in South Wales to begin indefinite strike next month – as it happened

About 1,500 Tata Steel workers will begin an indefinite strike in July over the company’s plans to cut thousands of jobs, the trade union Unite says

Labour drafts options for wealth taxes to ‘unlock’ funds for public services

Exclusive: Sources say changes to inheritance tax and capital gains tax are being discussed

Whoever wins the French elections must beware of the markets

France’s economy minister name-checked Liz Truss as he sought to warn voters of the risks of voting for RN

Warmer weather and falling UK inflation lift retail sales

ONS says most retailers enjoyed a better month in May, with increases in clothing and household goods

Bank of England keeps interest rates at 5.25% in ‘finely balanced’ decision

Seventh consecutive freeze comes despite fall in rate of inflation to 2% target last month

Pound falls as UK interest rates left on hold in ‘finely balanced’ decision – as it happened

Bank of England leaves interest rates unchanged despite inflation falling to its 2% target yesterday

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  • EasyJet suggests it will agree to £5.5bn takeover by US investment firm
  • Anthony Kasozi obituary
  • 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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