Beer and new TVs: Euro 2024 ‘to fuel £2.75bn spree for UK shops and pubs’ First men’s summer tournament since pandemic and favourable kick-off times set to boost struggling UK pubs and bars
Is the US economy doing well? It depends if you ask a Democrat or a Republican Data shows that when Americans’ preferred party is in the White House, they’re more likely to boast of a booming economy – even if it’s untrue
After Rishi Sunak’s D-day disaster Labour need not worry about Tory tax claims ‘Tax bombshell’ claims undid Labour in 1992 but the Tory ‘catalogue of chaos’ and now the PM’s ineptitude mean fears are misplaced
Labour might be a racing certainty, but it faces some big hurdles in government With Brexit fast becoming a tragedy, Keir Starmer needs to forge a closer relationship with Europe
UK growth since 2010 has been lacklustre and largely driven by immigration, says report Resolution Foundation report suggests parties are dodging the economic challenges facing the country
Tax rises of £800 a year coming whoever wins UK election, thinktank finds Neither Labour nor Tories have committed to axing already announced rises, Resolution Foundation warns
Free money? South Africa floats universal basic income for all The ruling ANC is on a pioneering path to transform the Covid grant into a scheme that aims to combat poverty
US adds 272,000 jobs as labor market holds unexpectedly strong Figures show unexpected resiliency of job market as Fed keeps interest rates high try to tamp down 3.4% inflation
UK house prices stabilise as rising wages and consumer confidence steady market Average price of a home dipped by 0.1%, says Halifax, bringing cost of typical property down to £288,688
Incoming ministers ‘will face UK public services on brink of collapse’ Institute for Government calls for ‘credible vision’ to tackle crisis engulfing NHS, prisons and local councils
UK watchdog warns Tories over PM’s ‘£2,000 tax rise’ claim Rishi Sunak failed during TV debate to make clear how he had calculated Labour’s spending policies, says OSR
Watchdog ends investigation into description of UK economy ‘going gangbusters’ Exclusive: ONS official’s remarks, not intended as comment on overall state of the economy, were later used by Sunak
‘Strong likelihood’ ECB is in dialling back phase, says Lagarde, after first rate cut since 2019 – as it happened European Central Bank lowers borrowing costs for first time in almost five years, but won’t pre-commit to further cuts
European Central Bank cuts main interest rate by 0.25 points ECB reduces rate to 3.75% across eurozone, putting it ahead of US Federal Reserve and Bank of England
Rachel Reeves under Labour pressure to raise capital gains tax to revive public services After ruling out rises in VAT, income tax or national insurance, shadow chancellor said to be weighing other options to raise cash in an autumn budget