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Labor’s budget will benefit the young – but does little to woo voters drawn to One Nation

Jim Chalmers’ budget tips the scales in favour of younger and less well-off households – but it’s middle-class gen X that are turning to the rightwing party

Rachel Reeves suggests if it ain’t broke, don’t fix it – as fight to keep her job goes on

The GDP boost has raised the chancellor’s prospects for staying in post, whoever wins the Labour leadership battle

Housing market in England and Wales weakening due to Iran war, say estate agents

Homebuyers more cautious due to possible mortgage rate rises and higher inflation as sellers sit on properties

Pity the poor billionaires – demands for higher taxes must feel hurtful

No wonder they are upset by the slogan ‘tax the rich’. Despite their wealth increasing 81% since 2020, they need our emotional support now more than ever, writes Arwa Mahdawi

‘There’s too much risk’: Britons on changing holiday plans amid Iran war

Prospect of flight cancellations and petrol shortages prompt people to switch from air and road to rail and bus

E.ON agrees to buy Ovo in deal to create UK’s biggest energy supplier

Acquisition would result in combined company serving about 9.6 million households if given regulatory approval

Can you move your pension to dodge inheritance tax? Fraudsters say so

Criminals exploit confusion or anxiety over new IHT rules by offering a ‘safe haven’ for savings pots

UK savings: six traps to avoid when you’re finding a new deal

When fixed-rate accounts hit the end of their term, there are pitfalls to avoid when finding a new home for your cash

UK households bracing for new cost of living crisis, report finds

PwC survey reports fast fall in consumer confidence with people worried about Iran war’s impact on economy and personal finances

Trump tariff refunds are happening – and businesses should pay attention

Business owners may have to wade through paperwork, but the US government is now actually processing refunds

From fringe issue to the heart of politics: the UK Living Wage campaign marks 25 years of success

The group’s latest triumph won over the Department for Business and Trade, now it is eyeing private care providers and supermarkets

Spiritless summer: Americans feel squeeze of costly fuel amid busy travel season

Soaring oil prices have left many Americans with higher costs and fewer options for travel amid the Iran war

Home batteries: a ‘gamechanger’ for cutting energy bills?

As fuel prices soar, millions of Britons could reduce their electricity costs by installing home storage

Worried Britons ‘prepping’ for major disruption with stash of tins and cash, survey shows

Fears over a natural disaster or cyber-attack are pushing households into contingency planning, Link survey shows

UK house price growth halved as Iran war fallout hits housing market

Halifax says cost of typical home fell by 0.1% in April, the second consecutive monthly drop, with pace of annual growth down from 0.8%. to 0.4%

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  • Oil prices jump over 5% after Trump suggests ceasefire with Iran has ended following fresh US strikes – business live
  • German car industry warns of job collapse unless ‘bold decisions’ made to address Chinese threat
  • Virgin Media fined record £28m for stopping customers cancelling contracts
  • Housebuilder Vistry warns of losses amid heavy discounting on unsold homes
  • Severn Trent spared Ofwat fine after ‘serious’ waterwaste and sewage failures
  • Trump’s policy mayhem is making even the Maga faithful consider walking away
  • Summer holiday bookings bounce back after fragile Middle East ceasefire, Jet2 says
  • Telstra blames ‘software defect’ for major outage that hit mobiles, trains and triple-zero calls
  • Port of Dover faces ‘utter chaos’ under struggling EU entry system, MPs warn
  • UK housebuilders have far too much power. Now a £4.5bn lawsuit could change that for good
  • The Telstra outage is a stark reminder of the widespread effects of single-system failures
  • Britons to buy 8m mini fans this year – but almost half will end up in landfill
  • Almost no progress made on UK regional household income divide in 30 years, report finds
  • ‘More public control’: what will Burnham do about water and energy?
  • Revealed: Farage’s £5m gift reported to UK crime agency over money laundering concerns
  • EasyJet’s board has surrendered too easily to US bidder
  • Hundreds of jobs at risk as John Lewis announces closure of in-store services
  • Recession off the cards but Australia faces dreary outlook, economists say
  • M&S invests in fridges that can cope with weather as hot as 45C
  • Bank of England plans to ease capital rules despite AI stability fears
  • UK house prices rise in June despite ‘wider economic uncertainty’; oil prices up after attack on tanker in strait of Hormuz – as it happened
  • Burnham urged to ditch ‘dangerous’ UK-US NHS drug deal
  • Act soon to change ‘unsustainable’ direction of UK debt, OBR warns
  • EU rejects suspending biometric border controls despite 20 ‘difficult spots’
  • Half of Americans struggle to afford groceries and gas, exclusive poll finds
  • Thames Water creditors ‘will bid for company even if it is nationalised’
  • UK house prices rise for first time since start of Iran war
  • Adapt or die: the Australian live music lovers trying to reinvent an ‘ancient’ and ‘unviable’ industry
  • Streaming storm made ITV sharing a roof with Sky sadly inevitable
  • EasyJet shares jump almost 10% after it agrees £5.5bn takeover bid

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