Bank of England urged to slow bond-selling plan to help cut record UK borrowing costs Ex-MPC members say ‘quantitative tightening’ should be scaled back or halted entirely, saving the Treasury up to £10bn a year
As US edges closer to stagflation, economists blame Trump policies Recent data shows stagflation, stagnant growth and price inflation, is possible as economy shaken by uncertainty
Pound dips after UK economy doesn’t grow in July; Ocado shares slide 20% amid robotic warehouses demand fears – as it happened Economy “does feel stuck”, says Treasury spokesperson, after UK GDP is unchanged in July
UK economy flatlines in July in grim news for Rachel Reeves Official GDP figures confirm widely expected slowdown after strong expansion in first half of the year
Stagnant GDP shows scale of challenge for Rachel Reeves at autumn budget Chancellor calls economy ‘stuck, not broken’ but there are signs her policies have added to the UK’s economic headwinds
US economic picture weakens as jobless claims and inflation both rise – as it happened Economists say trade war is driving up prices, as US inflation picks up in August
US inflation rises in August as firms pass Trump tariffs cost on to consumers New CPI update shows prices increased 2.9% over the last year, but Wall Street optimistic Fed will cut interest rates
Primark owner’s boss warns Reeves not to give consumer sentiment ‘another great whack’ in budget George Weston, CEO at ABF, also said food price inflation had peaked and would now start to ease
Starmer tightens grip on economic policy by strengthening autumn ‘budget board’ Key figures from No 10 and No 11 appointed to group include Torsten Bell, new economic adviser Minouche Shafik and comms chief Tim Allan
Housebuilder Vistry’s profits more than halve amid economic uncertainty Fall to £40.9m in first six months of year pushes share price down, with order book lower than year ago
CBI boss calls for Reeves to tear up Labour’s pledge not to raise tax Rain Newton-Smith tells chancellor ‘the time for tinkering is over’ and revisit promise not to raise taxes on working people
US created 911,000 fewer jobs through March 2025 than initially reported Revision highlights recent concerns about the health of the labor market, and follows a lackluster August jobs report
UK retail sales rise but stores fear tax worries could hit festive period Warm weather and interest rate cut lift sales in August, as food, drink and computers perform strongly
EU and US officials meet as Trump says he is ready to impose further sanctions on Russia Europe and US consider further actions to weaken Russia after largest-ever air attack on Ukraine over the weekend
New business secretary Peter Kyle going to China for trade talks this week Former science secretary promoted in reshuffle to continue UK efforts to revitalise trade relationship with Beijing