Rising job losses and cooling wage growth pose a challenge for Rachel Reeves The rise in NICs, Trump’s tariffs and weak consumer spending have hit firms but there are crumbs of comfort for the chancellor
David Lammy faces possible legal action over Foreign Office secondments Campaigners say placing staff from Shell and BAE Systems in ministries creates potential for improper influence
B&Q boss urges Reeves to end tax breaks that favour online Chinese rivals Plea about ‘de minimis’ rule, which has underpinned the rise of the online specialists Shein and Temu
Gary Jones obituary Other lives: Steelworker, local councillor and passionate analyst of leftwing history
Labour should beware Nigel Farage weaponising its part in the cost of living crisis Autumn budget must address pain of high inflation on hard-pressed UK households as food prices rise
Kwasi Kwarteng to speak at event for firm that helps super-rich pay less tax Former chancellor who devised disastrous 2022 mini-budget hired for Nomad Capitalist’s conference
If boomers don’t want wealth taxes they can give their time and skills A nationwide volunteering programme designed to boost the economy could help mend a splintered society
As dark financial clouds gather, Labour has to heed its past: when it chooses austerity, it loses elections Those who insist on spending cuts are those who are never hurt by them. Time to be brave – and take a new tack, says Guardian columnist Andy Beckett
UK ministers push ahead with discount on bills for households near new pylons Plans have provoked outrage from communities in areas of Great Britain expected to host new infrastructure
Homelessness minister resigns after tenant eviction claims Rushanara Ali was accused of hypocrisy after claims she removed tenants before rent rise of almost £700 a month
Reeves and Starmer to prepare ground for tax rises in a difficult autumn budget Exclusive: The Guardian has been told that discussions about increases include a near-certain gambling levy
The Guardian view on the London Stock Exchange: its struggles are symptoms of a broken growth model Editorial: The chancellor and the CBI have plans for reviving the institution. Neither will tackle Britain’s pitifully low levels of business investment
Starmer declines to rule out election pledge-breaking tax rises in budget after claim Treasury must fill £40bn deficit – as it happened Prime minister defends government’s handling of economy but will not give assurances over not raising income tax, employee NI or VAT
UK construction activity in July falls at steepest rate since Covid Collapse in housebuilding underscores challenge for government in meeting its target of building 1.5m new homes
Rachel Reeves needs to put up taxes to cover £40bn deficit, thinktank says NIESR suggests a rise of 5p in the pound on basic and higher rate of income tax would fill the budget gap