Can Andy Burnham rewire the ‘Treasury brain’ to boost growth?
PM wants to reduce department’s stranglehold on public purse and bring long-term thinking to economic policy
Is the US actually too chicken to take on China for trade?
A weak yuan guarantees Beijing massive trade surplus even as the White House tries tamp down on Chinese imports
US treasury doubles debt buyback to steady bond market amid inflation fears
Interest rates, now sitting at about 3.5-3.7%, expected to go up if inflation doesn’t come down to Fed’s 2% target
Rising inflation underlines scale of Andy Burnham’s cost of living challenge
PM’s plan to shield households from more pressure risks being overwhelmed by wider price rises
UK inflation rises to 2.9% as Iran war drives up energy bills
Accelerating price increases in July add to pressure on households, with chancellor saying ‘there is more to do to restore hope’
Cooling UK labour market ‘questions need’ for Bank of England rate hikes; grocery inflation slows to two-year low – as it happened
Youth unemployment down to 16.2% but remains at high level; Brent crude climbs above $91 a barrel as US-Iran ceasefire ends
Governments’ borrowing costs hit further multi-decade highs as US-Iran peace hopes fade
Bond yields in US, UK, Germany France and Japan rise after ceasefire ends and Trump threatens to bomb Oman
‘Picky bits’ on the menu as British shoppers snap up picnic food in heatwave
Consumers also turn to supermarket deals to save money, helping slow grocery price inflation
UK pay growth slows as job vacancies hit five-year low
Iran war prompts cost of living squeeze for workers as ONS reports unemployment rate stays at 4.9%
Top economists urge Burnham to sign UK up to UN initiative on global inequality
Open letter signed by 40 academics including Nobel winner Joseph Stiglitz and Kate Pickett, co-author of The Spirit Level
China’s economy showing signs that slowdown may be extending
Industrial output and retail sales slump in July after one of the country’s weakest quarterly growth rates ever
Leading economies’ borrowing costs hit highest since 2008 crisis
Concern over impact of Iran war pushes up government bond yields in US, UK, France, Germany and Japan
Summer jobs bounce back in UK thanks to busy calendar of sport and music
Industry tracker finds ‘exceptionally warm weather’ has helped boost job listings in hospitality and tourism sector
Interest rate dilemma for central banks as inflation rises but growth slows
The Federal Reserve, the ECB and the Bank of England appear unclear on how to tackle inflation amid the Iran war
A positive new report raises the question: was Reeves undermined by dodgy data?
Assessment’s finding of a jump in UK productivity emphasises urgent need to appoint a national statistician