Wealth tax on UK’s super-rich could raise £10bn a year, Andy Burnham told New PM urged to introduce a 2% minimum charge on households with more than £100m in wealth
Donald Trump to impose 50% tariff on most Canadian goods, White House says Turmoil likely as Trump officials say Canada unfairly discriminated against US autos, alcohol and dairy products
The Guardian view on pubs: football gave them a boost – now they need another Editorial: Communal spaces where people can share big moments are a vital part of our shared life
Why a modest US interest rate rise won’t change much for most businesses Rates may rise, but don’t be too concerned – a small increase is unlikely to change major decisions on investment or hiring
Are money and soft power draining World Cup football of its magic? Fifa’s orchestration of incompatible or frankly absurd corporate sponsorship suggests the balance may have tipped too far
Restoring Britain’s health to 2014 levels could add 2% to GDP, thinktank says Health Foundation paper argues health is an economic asset and improving it could generate £72bn for public finances
‘Good growth in every postcode’: Burnham’s economic to-do list in seven charts From industrial strategy and defence to housing and living costs, we lay out the challenges facing the new PM
Trump has normalized crypto. Is it the path to the next financial collapse? Cheerleading by the president, who made $1.2bn last year off uninsured currency, does not bode well for US economy
Hot tubs and £80 rosé: how the mud-soaked British festival got a luxury makeover Struggling industry seeks to capitalise on Gen Z’s willingness to spend on experiences and comfort
‘Bizarre choice’: business and Labour puzzle over Shabana Mahmood as future chancellor The home secretary, favourite to take over at No 11, has minimal economic credentials and many MPs would prefer Ed Miliband
UK economy grew by 0.1% in May despite impact of Iran war Rise in GDP follows a 0.1% decline in April, figures from the Office for National Statistics show
China’s economy grows at 4.3%, one of its lowest rates on record Worse-than-expected figures for three months to June come amid concerns over lopsided economy
Labour should ditch triple-lock pensions promise, says OECD Organisation’s experts say pledge puts pressure on UK public finances and ‘adds significant fiscal risks’
Labour must stop just writing a cheque for benefit claimants, says McFadden Exclusive: Work and pensions secretary signals possible reform to welfare as ministers await key reviews