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Starmer names former Bank deputy governor as his chief economic adviser

Minouche Shafik quit Columbia University after controversy over anti-Israel protests on New York campus

‘Just hysteria’: UK faces a crisis but the IMF bailout talk is overblown

Despite sluggish growth and rising borrowing costs, most economists agree that Rachel Reeves doesn’t face a repeat of 1976

Pre-budget lift for Rachel Reeves as UK business confidence rises

Despite concerns about economy, poll shows optimism about trading prospects at highest level since 2014

Treasury should tax big banks on quantitative easing windfalls, argues thinktank

IPPR says Rachel Reeves should also urge Bank to halt bond sales to reduce government losses of £22bn a year

Fed governor Lisa Cook sues Trump over his ‘illegal attempt’ to fire her

US president spent months waging campaign against Fed’s leaders, which has raised questions over its independence

Liz Truss warns there is ‘a reckoning coming’ for central banks, and backs Trump in Fed battle; US growth revised higher amid AI boom – as it happened

Rolling coverage of the latest economic and financial news, as former PM criticises Bank of England and claims UK faces ‘economic doom loop’

Liz Truss backs Trump attacks on Fed and says ‘reckoning’ on way for central banks

Britain’s shortest-serving prime minister also critical of Bank of England and European Central Bank

Treasury ‘considering taxing landlords’ rent’ to raise £2bn

Proposals for autumn budget would mean expanding national insurance to include rental income

France on the brink: how a budget deficit became a political crisis

With the government facing defeat in a confidence vote, the nation’s economic problems will still need to tackled

Half of UK adults worry that AI will take or alter their job, poll finds

The TUC calls for a new approach to technology and greater input from workers on how it is deployed

More pain for Reeves as government borrowing cost nears 27-year high

Chancellor is urged to ‘get a grip’ on country’s finances as yield on 30-year bond rises to 5.62%

Federal Reserve governor Lisa Cook to sue Trump administration over its attempt to fire her

Cook’s attorney said the president has ‘no authority’ and ‘lacks any factual or legal basis’ to fire the Fed governor

UK retail shares fall amid fears of squeeze in consumer spending

Parent groups of Primark and B&Q hit as analysts say jobs and inflation concerns could affect sales

What Trump’s move to fire Fed governor means for central bank’s independence

The US president has said he is firing Lisa Cook over mortgage fraud allegations – a move experts view as a means to exert more control

Nature loss will cut UK GDP by 5% without action from private sector, say experts

Report finds regenerative approach could yield economic benefits while helping to meet environmental targets

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  • Burnham could become PM on 17 July based on on Labour leadership contest timetable – UK politics live
  • Oil price falls to pre-Iran war levels as more tankers exit strait of Hormuz
  • Ryanair ditches family seating fees; Markets at record highs as oil hits pre-Iran war levels – business live
  • US supreme court blocks thousands of lawsuits over Roundup maker’s pesticide warning labels
  • Can a $290m film studio on a former cow paddock lure Hollywood to Perth?
  • Make pension tax relief only available to savers prepared to invest in UK, Andy Haldane says
  • Ryanair adopts ‘free of charge’ family seating policy after watchdog investigation
  • ‘Act on the evidence outside the window’: Andy Burnham urged to stick to net zero targets if he becomes PM
  • Reform UK plan to target EU nationals based in Britain ‘absolutely outrageous’
  • Great Britain’s grid operator pays £10m for extra power to avoid supply crunch tonight
  • Reeves backs Burnham to be PM despite reports she may be offered lesser role
  • UK to halve tariff-free steel imports to counter glut of cheap Chinese metal
  • Rome airports threaten to suspend new EU passport system to avoid summer ‘disaster’
  • The great tinification: how Britain fell in love with canned cocktails
  • Elizabeth Warren says ‘tsunami of anger’ could prompt reversal of Trump-era mega mergers
  • EasyJet opens talks with Castlelake after rejecting £4.9bn takeover offer
  • Fortescue class action: female workers claim sexual harassment at remote mine sites
  • It’s not the bond markets Andy Burnham should be afraid of. It’s his own MPs
  • 1 July changes: minimum wage rises, payday super, parental leave tweaks and everything else coming for 2026–27
  • Elon Musk loses trillionaire status as SpaceX and Tesla stock drops
  • Exploit last North Sea oil and gas or risk mass job losses, Andy Burnham urged
  • Another FTSE firm is under attack from a US raider. Demand top dollar
  • Bedford crash occurred after train passed red signal, investigators believe
  • Former WH Smith’s small suppliers to lose at least half of debts in rescue plan
  • Cyril Shack obituary
  • Badenoch will ‘absolutely not’ apologise for PMQs comments about Starmer’s downfall, spokesperson says – as it happened
  • Musk loses trillionaire status as SpaceX shares ‘come down to earth with a bump’ – as it happened
  • Trump says he’s ordered investigation into oil companies over alleged price gouging
  • Fans for fans: power demand surges as England viewers cope with heatwave
  • Capital gains tax changes are already having an impact on wealth inequality – and vested interests are running scared

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