UK manufacturers hit by largest drop in orders since 2020; FTSE 100 hits record high – as it happened

Shares in oil companies jump after US sanctions Russian energy firms, while manufacturers see weak prospects ahead

Once the AI bubble pops, we’ll all suffer. Could that be better than letting it grow unabated?

The world will be pushed into a recession, but perhaps we can build something more promising from the pieces

Annual September rate confounds forecasts of a rise, as pace of food price growth slows for first time since March

Rachel Reeves’ criticism of Brexit impact on economy is aimed at leave voters who have changed their minds and younger voters, says analysts

Inflation figures raise chance of December interest rate cut

Policymakers under pressure for rethink after price growth in UK remained at 3.8% in September

Hourly rate to increase by 95p to £14.80 in London and by 85p to £13.45 for the rest of the country

Economic development strategist who helped make Glasgow a cultural centre of international standing in the 1980s and 90s

Chancellor, who is expected to announce tax rises and spending cuts, says effect of leaving bloc worse than predicted

Investment in offices falls amid uncertainty over pricing, volatile geopolitics and the economy

Andrew Bailey says a close look is needed at the private credit market after collapse of two big US firms

Rising debt interest and welfare costs push public finances deeper into red before Rachel Reeves’s budget

Public finances figures contain no shocks but will underline need for either hefty tax rises or spending cuts

Fortnite, Roblox, SnapChat, Lloyds Bank, Ring doorbells and Amazon’s own shopping site among services hit by online outage

Crash that hit apps and websites around world demonstrates ‘urgent need for diversification in cloud computing’