Andy Burnham alarms investors with call to end UK dependence on foreign lenders Approach would risk fresh bond market crisis, say investors, amid speculation Greater Manchester mayor is seeking Westminster return
The next big financial crisis may be brewing. Warning signs are already there The longer the period between crises, the greater the complacency. That complacency is pushing share prices ever-higher, says Guardian columnist Larry Elliott
Jerome Powell dismisses Trump’s criticism of ‘political’ Fed as ‘cheap shot’ Amid battle over independence, Fed chair pushes back against claim that central bank lets politics drive decisions
Unsold goods pile up at US factories as growth slows; JLR shutdown hits UK manufacturing – as it happened Jaguar Land Rover’s disruption following a cyber-attack is hurting manufacturing, while OECD releases latest economic outlook
UK to suffer highest inflation in G7 this year, says OECD International body warns British rate will be higher than that in US, despite effects of Trump tariffs
Trump’s Fed pick doubles down on calls to aggressively cut interest rates Stephen Miran says rates should be below 3% by end of year and dismisses fears of US president’s tariffs stoking inflation
UK considers visa fee cuts for highly skilled as Trump hikes US charges Starmer’s ‘global talent taskforce’ examines plans to make it easier for foreign academics and digital experts to relocate to UK
Scams, silence, rejection: US job seekers describe ‘depressing’ work prospects Qualified candidates struggle in a sluggish market due to Trump tariffs, AI screening and vanishing entry-level roles
Trump’s $100,000 H-1B visa fee could hurt US growth, economists warn Move is a blow to big tech companies, which rely heavily on visas to hire staff from overseas, particularly India
More Britons view AI as economic risk than opportunity, Tony Blair thinktank finds TBI says poll data threatens Keir Starmer’s ambition for UK to become artificial intelligence ‘superpower’
Wealth tax would be deadly for French economy, says Europe’s richest man LVMH owner Bernard Arnault, who could take €1bn hit, says proposed 2% levy ‘aims to destroy liberal economy’
Labour cosies up to US tech firms with little thought of downsides Economic benefits of generative AI, which may take time to show, put ahead of impact of datacentres on energy and water
Boomers think their wealth came from wise choices – this myth needs busting If Reeves swipes some of the huge gains amassed from property and pensions, the lucky generation cannot argue – but will
Pound slides after UK government borrowing jumps in August and insolvencies rise – as it happened Rolling coverage of the latest economic and financial news, as August borrowing hits highest level since 2020