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Can Burnham turn ‘Manchesterism’ into a practical offer for government?

Roots of idea for ‘ending neoliberalism’ have been growing over many months – with many different influences

Manchesterism is “the end of neoliberalism”. That was the claim made.. - source: The Guardian - 19.05.2026


No feelgood factor for Reeves as Iran war snuffs out economic upturn

Rise in unemployment and weak pay growth underline how tough this year will be for UK households

UK unemployment unexpectedly rises to 5%

News that the UK unemployment rate jumped.. - source: The Guardian - 19.05.2026


UK wage growth slows and unemployment rate rises as companies react to Iran war – business live

Jobless rate unexpectedly rises to 5% with businesses squeezed by war in Middle East

Good morning, and welcome to our rolling coverage of business, the financial markets and the world.. - source: The Guardian - 19.05.2026


UK unemployment unexpectedly rises to 5% as firms squeezed by Iran war

Pay growth eases to 3.4% as businesses face pressure from soaring energy costs

Unemployment in the UK has unexpectedly risen to 5% while wage growth has slowed, according to official.. - source: The Guardian - 19.05.2026


IMF urges UK to ‘stay the course’ on borrowing amid Starmer uncertainty

Washington-based fund praises Rachel Reeves for aiming to cut budget deficit as it upgrades growth forecasts

The International Monetary Fund has urged Britain to “stay the course” to.. - source: The Guardian - 18.05.2026


Rising prices are Britons’ biggest money worry as inflation stays high, survey finds

Households ‘increasingly gloomy’ about finances amid fears of interest rate rises due to higher fuel prices

Rising prices have become the top financial concern for UK households,.. - source: The Guardian - 18.05.2026


Andy Burnham’s change in tack on fiscal rules and bond markets is understandable

Bookies’ favourite to replace Keir Starmer tones down stance on government borrowing to assuage City investors

Andy Burnham has always faced a narrow path to replace Keir Starmer as prime.. - source: The Guardian - 18.05.2026


Donald Trump’s approval rating sinks to lowest point of second term

US president’s approval rating falls to 37% days after he said Americans’ financial situation is not motivating him to broker deal with Iran

Donald Trump’s approval rating has fallen.. - source: The Guardian - 18.05.2026


Bond market rout deepens as inflation fears keep rising – business live

Rolling coverage of the latest economic and financial news

Weak economic data from China is also worrying investors this morning.

Chinese factory output growth slowed to 4.1%,.. - source: The Guardian - 18.05.2026


UK firms halt investments and hiring as Iran war pushes up costs, bosses warn

Survey shows businesses ‘struggling to absorb latest economic shock’, while data says April vacancies down 7.7%

The worsening fallout from the Iran war is forcing businesses to halt.. - source: The Guardian - 18.05.2026


Crime increasingly a ‘serious barrier’ to UK growth, say business leaders

British Chambers of Commerce survey shows firms ‘are dealing with rising levels of theft, fraud and cyber-attacks’

UK business leaders have warned that crime is becoming an increasingly.. - source: The Guardian - 18.05.2026


Tech founders use AI-generated images to poke fun at Anthony Albanese in protest against tax changes

‘He’s having a great time with his new 47% equity,’ one entrepreneur jokes, warning that some startups may leave Australia behind

Get our breaking news email, free app or daily news.. - source: The Guardian - 17.05.2026


The ungovernable country? Why Britain keeps losing prime ministers

May, Johnson, Truss, Sunak, and now perhaps Starmer: each one was brought low for a reason. But what if the deeper problem is the office itself?

They were times in which prime.. - source: The Guardian - 17.05.2026


From Team Reeves to Manchesterism: Labour’s four economic camps explained

Wes Streeting or Andy Burnham could launch a leadership bid – here are policies from which they could choose

Wes Streeting may not have launched a leadership challenge against Keir.. - source: The Guardian - 15.05.2026


The Federal Reserve’s independence is hanging by a thread in the age of Trump

The president’s ultimate goal is to push the Fed – among other independent US institutions – to bend to his will

Jerome Powell, who stepped down this week as chair of the Federal.. - source: The Guardian - 15.05.2026


Reform donor and crypto billionaire Christopher Harborne takes sixth place in UK rich list as wealthiest people grow richer – Business live

The UK’s 350 wealthiest individuals and families now have a combined wealth of £784bn, Sunday Times reports

A new name has appeared on the Rich List Top Ten this year – Christopher.. - source: The Guardian - 15.05.2026


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

UK economy records surprise 0.3% growth despite Iran.. - source: The Guardian - 14.05.2026


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

Explore all of our 2026.. - source: The Guardian - 14.05.2026


‘Inevitable’ jet fuel shortages will drive up air fares this summer, says Willie Walsh

Impact of disruption from Iran war may be felt into 2027 even if strait of Hormuz reopens, says aviation body boss

Increases in air fares for travellers in Europe are “inevitable” over.. - source: The Guardian - 14.05.2026


‘There’s a risk of another Liz Truss moment’: City raises spectre of bond market meltdown again

As Keir Starmer’s leadership totters, investors warn a Labour leadership contest ignoring public finances and market realpolitik could be disastrous

A rise in borrowing costs and warnings.. - source: The Guardian - 14.05.2026


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