UK state pension likely to rise by 4.7% under triple lock

Increase will put further pressure on Rachel Reeves as ONS figures show pay growth slowing and job losses rising

UK pay growth stays high – but Britons are feeling the pinch

Firms are reluctant to hire and unemployment is rising, as inflation dulls the impact of higher wages

Senate votes 48-47 to confirm Stephen Miran as Fed governor but court rules Cook may remain in place

Chancellor hosting Downing Street talks with Treasury secretary, which are aimed at securing more US investment

The US and China have reached a framework deal on short-video app TikTok at talks in Madrid today, US treasury secretary Scott Bessent has said

Slowing growth in factory output and retail sales prompts calls for fresh economic stimulus

Discount supermarket’s UK boss says potential budget measures may weigh on consumer spending decisions

Agreements include plan to build 12 reactors in Hartlepool with Centrica, creating 2,500 jobs, and fast-tracking UK and US safety checks

Greatest damage from heat, drought and flooding done in Cyprus, Greece, Malta and Bulgaria

Ex-MPC members say ‘quantitative tightening’ should be scaled back or halted entirely, saving the Treasury up to £10bn a year

Recent data shows stagflation, stagnant growth and price inflation, is possible as economy shaken by uncertainty

Economy “does feel stuck”, says Treasury spokesperson, after UK GDP is unchanged in July

Official GDP figures confirm widely expected slowdown after strong expansion in first half of the year

Chancellor calls economy ‘stuck, not broken’ but there are signs her policies have added to the UK’s economic headwinds

Economists say trade war is driving up prices, as US inflation picks up in August