Eurozone unemployment falls to record low; US GDP growth revised down – as it happened BCC calls for improved relations with the EU to cut the costs for business, while sticky inflation worries markets
If Labour wins a 1945-style landslide, it will have no excuse for playing it safe Sticking to the Tories’ nonsensical fiscal rules, as it says it will, would be a political and economic mistake, says the Guardian’s economic editor Larry Elliott
BHP walks away from £39bn pursuit of Anglo American; Royal Mail agrees to £3.57bn takeover by Czech billionaire Daniel Křetínský – as it happened Royal Mail’s parent company IDS agrees takeover offer but BHP’s pursuit of Anglo fails
‘Sticky’ inflation is not falling – but it’s not rising, either. Why should that mean another RBA rate hike? It’s worth remembering the RBA’s 2% to 3% inflation target is an arbitrary goal. Do we really need to hit households again with higher rates?
Tory national service policy would leave UK’s poorest areas worse off, IFS warns Thinktank says proposal to pay for scheme by scrapping shared prosperity fund would downgrade efforts to level up country
The Invisible Doctrine by George Monbiot and Peter Hutchison review – neoliberalism’s ascent An incisive analysis of how the controversial ideology has permeated modern life
‘Bidenomics’ is not convincing Michigan’s must-win swing county. Will voters turn back to Trump? Democrats try to connect the dots as some in Saginaw wonder if Trump is ‘just a better fit with the economy’
Police to take no further action over Angela Rayner allegations – as it happened No further action will be taken after a thorough investigation into Tory allegations, Greater Manchester Police say
Sales in UK shops bounce back as inflation slows CBI data for May suggests slowdown in price growth is encouraging shoppers in Britain to buy more
Inflation in UK shops falls amid price cuts on furniture and TVs Biggest drop since November 2021 as ‘unseasonable’ weather pushes retailers to continue promotions
No party has won five elections in a row, and Tories won’t be the first The economy is growing again and inflation is only just above government’s 2% target, but it is all too little, too late
Once Britain is back in the EU, things can only get better Both major parties will try to conduct their campaigns without mentioning Brexit. But we cannot afford not to discuss it
‘People tell me they’re not ready to work’: how long-term sickness blighted a town Hastings has the highest number of young people in England in bad health. But, amid a national epidemic of forced economic inactivity, there is hope
‘Taylor Town’: how Liverpool transformed itself for Taylor Swift The Beatles’ home city is pulling out all the stops for the arrival of the US megastar’s world tour in the UK
Are consumers any better off after 14 years of Conservative government? We analyse a key point of contention in the general election campaign: the government’s record on pay, housing, energy and food bills