‘Mega-consumers’ of food and energy cost environment $5.7tn a year, study finds

Top 10% generate climate and biodiversity damage bill that exceeds economies of most countries, say researchers

UK vacancies fall to lowest for five years as wages grow faster than expected

Employers wary of hiring permanent staff but unemployment eased to 4.9% in the three months to April

Rejoining customs union would not fix damage caused by Brexit, research finds

Exclusive: Economists find Brexit caused 12% depression in UK exports, most of which is due to leaving single market

UK inflation unexpectedly stays at 2.8% with higher transport costs offset by slower food price rises – as it happened

Food prices rose at the slowest rate since December 2024 with declines in inflation for meat, cheese, vegetables and cheese

Surprisingly benign UK inflation data signals a softer Iran war hit than feared

Impact of war on UK cost of living more muted than first forecast suggesting fuel price rises have failed to spill out more widely across UK plc

UK inflation stays at 2.8% as slowing food prices offset rising transport costs

May’s figure confounds forecasts of an increase to 3% as Bank of England prepares to set interest rates

Is it bad that Elon Musk has a trillion dollars? Yes, and here’s why

Just as the ‘poverty line’ determines what’s required for basic living, we need a ‘wealth line’ to show when extreme wealth becomes harmful, says economist and philosopher Ingrid Robeyns

US small business owners: how are you operating in the current economic climate?

We would like to hear from small business owners in the US about how they’re adapting to challenges such as inflation

Brent crude falls to three-month low below $80 as Iranian oil tankers ‘resume shipping’ – as it happened

Rolling coverage of the latest economic and financial news

Bank of Japan raises interest rates to 31-year high … of 1%

Country acts amid Iran war inflation pressures, but US Fed and Bank of England expected to hold rates

RBA interest rates: Reserve Bank holds official cash rate at 4.35%

Reserve Bank of Australia decision on Tuesday comes after three consecutive cash rate hikes this year

Starmer vows new sanctions on Russia and nuclear energy support for Ukraine

G7 told ‘we will stand with Ukraine for as long as it takes’, with Russia’s finance networks and shadow fleet targeted

Wall Street and European markets hit record highs and oil price falls to three-month low after US-Iran peace deal – as it happened