Egg and butter prices drive up UK food inflation as households feel squeeze Food inflation at 4.2% this month, with prices increasing at fastest pace for 18 months, says British Retail Consortium
Evergrande: China’s property giant delisted from Hong Kong stock exchange Once the country’s biggest real estate firm, Evergrande was worth more than $50bn at its peak and helped propel China’s rapid economic growth
The emblem of modern Ireland? Not fiddles and Guinness but a soulless shopping plaza The singer CMAT dances around a retail centre in a video for her new album. It is the elegy those of us who grew up in the post-Celtic tiger recession have been craving, says Irish writer Emer McHugh
With tax speculation festering, Rachel Reeves needs to show her hand The chancellor seems to be waiting for a clearer economic picture to emerge but that is not how government works
Tariffs ‘starting to show up’: how Trump’s strategy could increase back-to-school costs National Retail Federation estimates families are budgeting an average of nearly $875 for the year for shopping
Eau de courgette: rise in foodie perfumes may be linked to weight-loss drugs ‘Gourmand’ fragrances with notes of biscuit or cherries are also trending among young consumers online
Federal Reserve set to cut interest rates – but still Trump won’t be happy President has pressured Jay Powell to slash rates but central bank is trying to find right balance amid tariff tailspin
Wall Street jumps after US Fed’s Powell signals possible rate cut – as it happened Chair of the Federal Reserve says US economy is facing ‘challenging situation’ as inflation risks persist and job market cools
Fed chair Jerome Powell signals interest rate cuts amid Trump attacks Powell – whom Trump has urged to resign – addressed ‘challenging’ dichotomy of economic risks, including tariffs
Fears grow over impact of ONS data reliability on Rachel Reeves’s budget Troubles at UK statistics body are muddying economic picture for Treasury and spending watchdog, sources warn
Trump officials urge Fed to remove governor after she refuses to quit Federal Reserve governor Lisa Cook is latest figure targeted by Trump administration over claims of mortgage fraud
Strongest rise in UK business activity in a year while hiring falls; WH Smith shares crash 40% on accounting error –as it happened Government borrowing falls to £1.1bn in July as tax receipts rise, but chancellor remains under pressure
CEO-to-worker pay gap surges to 632 to 1 at US’s lowest-paying large firms, study shows At 100 firms in S&P 500 with lowest median pay, executives’ comp increased by average of nearly 35% over five years
‘Mountain to climb’: how Labour is facing a crisis in youth unemployment The government is adding an extra year, and an extra £45m, to its scheme in England to help people find work
Why radical tax reform may be only way for Reeves to balance the books Size of the task remains unclear but the chancellor will have to act in the face of expected growth downgrades