UK unemployment rate leaps to 4.2% amid fears of job cuts Pay growth is stronger than expected, underlining dilemma over when to cut interest rates
Rising unemployment points to worrying signs for UK economy Continuing levels of inactivity due to ill-health and caring responsibilities suggest all is not well
UK retailers attract more Easter shoppers despite cost of living crisis Figures show sales rose 3.5% in March, the first increase above inflation since early in the crisis
Oil price falls despite Middle East tensions; Tesla ‘to cut 10% of staff’; Goldman Sachs profits jump – as it happened Brent crude dips to $90 per barrel as markets monitor Israel-Iran, while 14,000 jobs could be cut at Tesla
Covid pandemic made poorest countries even worse off, World Bank warns Poverty reduction drive all but halted across many nations as Bank calls for more money to tackle a ‘great reversal’
At last G20 is showing how to finance an assault on poverty Brazilian president Lula’s proposals have the backing of the World Bank. Now we need action
Even Europe’s far-right firebrands seem to sense Brexit is a disaster When I met the Dutch politician Geert Wilders years ago, he was set on ‘Nexit’. Now he too would rather stay in the EU
Crippling mortgages and £16 olive oil: how much have UK prices risen in the past two years? The government might be celebrating falling inflation, but higher prices for goods and services are here to stay
Are the octogenarian IMF and World Bank sprightly enough for the job? Fragile recovery, low growth, global debt, AI, the climate … The organisations founded in 1944 have lots to talk about this week
FTSE 100 at highest close in a year as UK recession enters ‘rearview mirror’ – as it happened Chancellor cheers 0.1% rise in GDP, but IoD fears economy still fragile
Bank of England forecasts undermined by out-of-date methods, report finds Former US Fed boss Ben Bernanke criticises failure to admit mistakes and change course
Do better: Bernanke gets strict with Bank of England over handling of inflation crisis Report by former US Federal Reserve boss reveals faulty economic model and reluctance to admit mistakes
UK takes another step on path out of recession as GDP rises February growth of 0.1% comes despite construction and retail being hit by wet start to year
Central banks must resist pressure for early rate cuts, says IMF head Kristalina Georgieva also cautions of danger of ‘tepid twenties’ – a decade of sluggish economic growth
ECB leaves eurozone interest rates on hold but hints at cut this summer – as it happened European Central Bank says rate cuts would be appropriate if inflation keeps falling, as BoE policymaker Megan Greene argues UK rate cuts are a way off