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US firm goes public with £4.7bn proposal to buy easyJet after earlier bids rejected

Investment company Castlelake made bid public for shareholders to evaluate but carrier describes offer as ‘cheap’

Cracks are showing in Trump’s white, blue-collar base

Voters are upset that Trump has failed to deliver on his economic promises. That’s bad news for Republicans in November

Brexit: how it has hit your wallet at the supermarket and on holiday

Ten years on, leaving the EU has made life more difficult and costly – here are some of the ways we’ve lost out

Clearance rates hit six-year low as more than half of Australian homes up for auction fail to sell

Preliminary data show 47.7% of homes sold at auction in the week ending 21 June, the lowest clearance rate since April 2020

Trump hails Iran deal but conflict continues to cast long shadow over global economy

As the price of crude oil falls governments are counting the costs of the war in the Middle East

Burnham must be upfront about tax or risk spooking the bond markets

Victory in Makerfield is propelling him towards No 10 but investors expect to know how he will fund his promises

Condemned to plutocracy? The relentless rise of US inequality

Elon Musk is a beneficiary of America’s lopsided prosperity – does the country have any appetite for redistribution?

Petrol prices in Australia are now lower than before the Iran war began. Is the oil crisis over and what happens next?

Fuel suppliers outside the Middle East have proved to be much more flexible than analysts expected – and China surprised everyone

City investors fear Labour leadership battle could push up UK bond yields, as UK borrowing jumps in May – as it happened

UK budget deficit is running higher than forecast; borrowing costs rise after Makerfield byelection as US-Iran talks are called off

What could US-Iran peace deal mean for UK household costs?

The impact on petrol and food prices, energy bills and mortgages if the truce holds and strait of Hormuz reopens

KPMG leaked confidential Optus information and surveilled whistleblower’s laptop, inquiry hears

International firm owns up to breach of ethics after staff leaked confidential Optus information while bidding for telco contract

UK borrows more than expected as impact of Iran war takes toll

May figure of £23.3bn underlines challenge facing Andy Burnham if he ends up as Labour leader

Bank of England governor warns UK public to expect higher costs this year

Andrew Bailey says ‘inflationary pressure in pipeline’ despite US and Iran signing initial peace deal as interest rates kept on hold

Not so empty nesters: record-high number of US adults under 35 live at home, new data says

Data shows that the increase in at-home living stems from high housing costs rather than labor market conditions

Bank of England leaves interest rates on hold and lowers inflation forecast amid Middle East ‘uncertainty’ – as it happened

Rolling coverage of the latest economic and financial news, including the latest UK jobs report and the Bank of England’s interest rate decision

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  • Burnham pledges extra £210m towards regenerating boarded-up high streets
  • The Guardian view on Trump and Xi: a show of friendship, but no real attempt to address the tensions
  • Healey appoints Labour manifesto writer, adding to election speculation
  • White House television pool resumes after banned news outlets regain access
  • ‘Major milestone’: TfL to launch new public bus operator in London
  • Iran war drives UK diesel price to near record high, and makes interest rate rise ‘hard to avoid’ – as it happened
  • Revealed: the undisclosed safety data emerging as weedkiller maker faces Parkinson’s lawsuits in US
  • ‘Your body fights to stay cool’: workers toil in record heat as federal rule frozen
  • David Beckham takes £39m dividend as World Cup deals drive record profits
  • TalkTalk races to sell consumer and broadband arms as administration looms
  • Andy Burnham talks about ‘public control’ of the utilities but it’s a minefield. We can lead him through it
  • ‘Devastating’: council rejects Frome residents’ bid for regeneration project
  • Capital gains tax: how it works, and the pros and cons of another rise
  • CNN and MS Now journalists denied access to White House state dinner despite court ruling
  • UK food and drink trade deficit largest since 2000 at £21bn
  • France says EU’s ‘Made in Europe’ law should not include the UK
  • Launch of UK’s ‘largest AI supercomputer’ delayed by power supply problems
  • US mortgage rates top 7% for first time in 20 months
  • Vistry is the laggard in a housebuilding sector full of cracks
  • UK interest rate rise ‘increasingly likely’ with high energy prices; inflation fears hit bonds – as it happened
  • Reported assaults on Great Britain’s railways rise by fifth in a year
  • EU says Trump’s plan to ban US diesel exports would ‘negatively impact both sides’
  • Price hikes, ads and lower quality: has ‘streamflation’ ruined the TV experience?
  • ‘Eat the rich, save the planet’: climate protesters call out big tech’s disconnect from reality
  • ‘You can’t just bet everything on exports’: as its gas runs out, is Bolivia doomed to repeat history?
  • Oil price rise creates more pressure on UK policymakers before budget
  • Tell us: do you enjoy listening to music on CDs?
  • JoAnn Fabrics fans seek to stitch void left by private equity with crafts co-op
  • Flash sale: AO snaps up camera seller Jessops from Dragons’ Den star Peter Jones
  • From idealists to struggling sceptics: how Labour’s majority depends on five progressive voter types – in charts

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