UK economy grew by 0.1% in May despite impact of Iran war

Rise in GDP follows a 0.1% decline in April, figures from the Office for National Statistics show

British Steel is taken into public ownership to save UK supply

Scunthorpe factory expropriated from China’s Jingye and ministers will ask a valuer to assess compensation

Burnham must learn from Starmer’s mistakes: Labour was elected to transform the economy, not just stabilise it

Devolution, tax, the EU and immigration: these are all opportunities for growth if Burnham abandons the excessive caution of the past few years, says economist Jonathan Portes

Burnham must avoid ‘summer of speculation’ on tax, warns CBI chief

Rain Newton-Smith calls for a new generation of public-private partnerships to fund major projects

Andy Burnham signals a wealth tax is off the agenda for now

Incoming prime minister says he doesn’t want to ‘create new divisions’ as Mahmood is tipped to be chancellor

Revealed: Farage’s £5m gift came after saying he needed ‘a million a year’ to stand as MP

Politician spoke to senior figures in Reform in March 2024 about covering lost earnings, sources tell the Guardian

Bank of England governor would have put off Farage meeting had £5m gift been under investigation

Exclusive: Andrew Bailey says he does not regret meeting Reform UK leader to discuss cryptocurrency regulation

Labour should ditch triple-lock pensions promise, says OECD

Organisation’s experts say pledge puts pressure on UK public finances and ‘adds significant fiscal risks’

Labour must stop just writing a cheque for benefit claimants, says McFadden

Exclusive: Work and pensions secretary signals possible reform to welfare as ministers await key reviews

North Sea oil industry urges Burnham to approve new drilling in UK waters

Lobby appeals to prospective PM’s reindustrialisation agenda as it pushes for Rosebank and Jackdaw approval

Lawyers to investigate claims of GB power grid cover-up over blackout risk

Operator brings in independent legal firm to look into whistleblower allegations relating to June heatwave

JP Morgan boss pressed by US senator about contact with Jeffrey Epstein

Elizabeth Warren asks Jamie Dimon if he was advised to ‘mildly threaten’ UK chancellor over tax on bankers’ bonuses

UK must cap political donations to stop the rich buying influence

If Keir Starmer won’t act then his successor should – by restricting the power of a small group of mega-donors

UK to crack down on unlicensed casinos sponsoring football teams

Government to launch consultation after Everton’s deal with Stake.com went ahead amid warnings from Gambling Commission