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Recession off the cards but Australia faces dreary outlook, economists say
De-escalation of war in the Middle East has lowered oil prices and eased fears of economic downturn but households are still feeling the pinch
Get our breaking news email, free app or daily.. - source: The Guardian - 07.07.2026
Half of Americans struggle to afford groceries and gas, exclusive poll finds
About 57% of polled Americans also believe economy is worsening in grim portrait of cost of living crisis, according to Harris survey for the Guardian
Ninety-five per cent of Americans.. - source: The Guardian - 07.07.2026
Make Ed Miliband chancellor, ex-chief Treasury adviser tells Andy Burnham
Nicholas Stern joins growing number backing Miliband, saying he has vision and experience to revive economy
A former chief economic adviser to the Treasury has called on Andy Burnham to.. - source: The Guardian - 05.07.2026
Oil price ‘may fall to $60 a barrel’ as voyages through the strait of Hormuz jump – business live
Rolling coverage of the latest economic and financial news
Voyages through the Strait of Hormuz have more than quadrupled in the past week amid growing confidence in the US and Iran’s.. - source: The Guardian - 03.07.2026
Burnham’s funding gap: what state are UK finances in for the PM-in-waiting?
Given pressures on the public purse, the Makerfield MP may have to look at autumn tax rises to fund his ‘new direction’
An economy rattled by a global energy shock, jittery bond.. - source: The Guardian - 03.07.2026
US employers added 57,000 new jobs in June – less than what economists predicted
The country’s unemployment rate dropped slightly to 4.2% as US job growth also slowed for the month
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US job growth slowed in June.. - source: The Guardian - 02.07.2026
Rolling coverage of the latest economic and financial news
It’s not just motor fuel prices that are falling.
The average cost of a fixed-rate UK mortgage dipped again yesterday, to.. - source: The Guardian - 02.07.2026
Trump refuses to renew US-Canada-Mexico trade pact he once championed
Trump and US officials opted to keep USMCA alive on short leash of annual reviews rather than longer term renewal
Donald Trump has refused to renew the North American trade pact he once.. - source: The Guardian - 01.07.2026
EU urged to exempt UK from car rules that could be worst Brexit impact yet
Bloc’s ‘made in Europe’ regulations risk shutting out British manufacturers in ‘most spectacular own goal in history’
The EU’s car industry has called for the UK to be fully.. - source: The Guardian - 01.07.2026
A housing shortfall, record home costs and cuts to subsidies are intensifying the US affordability crunch
Of the various dimensions of the affordability crisis weighing on US families,.. - source: The Guardian - 01.07.2026
UK living standards fall despite fastest growth in G7 – business live
GDP quarterly national accounts show people grew worse off in January to March 2026, despite solid growth
Today’s data also shows that the UK economy grew less than previously thought in.. - source: The Guardian - 30.06.2026
‘Commanding heights of the economy’: the postwar blueprint that inspires Burnham
In the second of a series on nationalisation, we look at the lessons from Clement Attlee’s administration
Will Andy Burnham ‘go big’ in expanding the role of the state?
A prime.. - source: The Guardian - 30.06.2026
What is Andy Burnham’s economic and political blueprint for Britain?
Plans include greater regional power, public ownership of utilities and the end of trickle-down economics
Andy Burnham vows to set up No 10 North as ‘nerve centre of rewired.. - source: The Guardian - 29.06.2026
EU sets up three months of talks with China over €360bn trade deficit
Two sides agree to try to make bilateral relationship ‘more balanced’ after weeks of threats
The EU and China have agreed to enter three months of talks to try to avoid a trade war over.. - source: The Guardian - 29.06.2026
Makerfield MP and hopeful prime minister to pledge ‘growth in every postcode’
Journalists have been told that Andy Burnham will not be taking questions after his speech today. Richard.. - source: The Guardian - 29.06.2026
Rolling coverage of the latest economic and financial news
The oil price is nudging higher, after the latest tit-for-tat military strikes between the US and Iran.
Brent crude is up.. - source: The Guardian - 29.06.2026
‘Crypto v community’: 4,000 local US lenders join forces to fight ‘stablecoins’ law
Up to 4,000 community banks fear looming legislation to regulate digital cash will deprive rural firms and farmers of $850bn-worth of loans
On a quiet summer morning, above a small.. - source: The Guardian - 28.06.2026
When it comes to taxing the super rich, there’s no need to reinvent the wheel
Any new tax on the rich won’t raise much money unless many of the exceptions and loopholes are dealt with
In this new era of rampaging oligarchs, nothing may seem as satisfying as.. - source: The Guardian - 28.06.2026
Will Andy Burnham ‘go big’ in expanding the role of the state?
In the first of a series on nationalisation, we look at the critical tests ahead for the PM-in-waiting, from choosing a chancellor to the future of Thames Water
As he swept towards victory.. - source: The Guardian - 28.06.2026
The AI bubble has further to run despite the looming crash
As tech firms make huge profits and investors fear losing out, both are doing their best to hold off the day of reckoning
OpenAI staggers AI model release after White House.. - source: The Guardian - 27.06.2026