‘Washout winter’ spells price rises for UK shoppers with key crops down by a fifth Analysts say impact on wheat, barley, oats and oilseed rape harvests means price rises on beer, bread and biscuits and more food imported
Thames Water collapse could trigger Truss-style borrowing crisis, Whitehall officials fear Exclusive: Concerns over effect on UK’s finances lead officials to believe utility should be renationalised before general election
The Guardian view on rethinking economics: a discipline in disarray holds too much sway in the UK Editorial: Gordon Brown challenged Conservative ideas to fix the economy. His successors unfortunately will not
From welfare to warfare: Sunak’s spending shift imperils local services again Council budgets look a likely target when the Tory government seeks to balance the books and pay for its promises
How can Labour fix Britain’s ‘economic failure’ without rejoining the EU? Starmer wants to make Tory policy on the economy a central theme of its election campaign … without mentioning Brexit
Three and a bit years after Brexit, are border checks finally here? Sort of: this week will see inspections of some goods. But the hit to businesses and inflation will be inescapable
FTSE 100 ends ‘fantastic week’ at new record high, as Anglo rejects takeover bid – as it happened Analysts say investor confidence is improving, as shares in London post their best week since last September
UK consumers feeling more confident about finances, says NatWest boss For first time since August 2021 people expect position to be better in a year, Paul Thwaite adds
Oil price could exceed $100 a barrel if Middle East conflict worsens, World Bank warns Increase in cost of crude could drive inflation up and force central banks to keep interest rates high
Nature destruction will cause bigger economic slump in UK than 2008 crisis, experts warn Green Finance Institute report said further pollution could cut 12% off GDP by 2030s
Sunak suggests he will not ‘shy away’ from making cuts to hit defence target PM has faced scepticism over costing of his commitment to spend 2.5% of Britain’s GDP on defence by 2030
The Guardian view on globalisation’s discontent: it’s not right for poor countries to fund the rich Editorial: Wealthy nations exploit their position as the world’s bankers to siphon off hundreds of billions from the needy
Australia’s inflation rate slows less than expected to 3.6%, dimming hopes of interest rate relief Economists had tipped CPI growth for the March quarter of 0.8%, and an annual inflation rate of 3.5%
Kingsmill owner warns of price rises due to ‘very small’ expected harvests in UK ABF, which also owns Dorset Cereals, says it is not yet planning rises but it may need to import ‘quite a lot’ of grain
Bank of England’s chief economist dampens hopes of summer interest rates cut Huw Pill warns inflation could rebound as UK business survey signals economy strengthened over last month