UK economic growth slows to 0.1% as budget jitters and high interest rates take toll Blow to Rachel Reeves as first quarter under Labour shows services and manufacturing struggled in run-up to budget
Rules imposed after financial crisis have ‘gone too far’, Reeves tells City bankers Chancellor uses Mansion House speech to suggest it is time to loosen some constraints brought in after 2007-08 crash
UK mortgage rates rising; Meta fined for breaching EU antitrust rules – as it happened Rolling coverage of the latest economic and financial news
Sanders and Warren push Democrats to fight for workers and ‘unrig’ economy Progressive senators urge party to ‘learn the right lessons’ from election defeat and take fight to US billionaire class
Key US inflation measure ticks higher for first time since March The consumer price index rose at annual pace of 2.6% after September saw lowest rate in more than three years
Australians’ wages increase faster than inflation for fourth quarter running ABS confirms wage price index rose an annual rate of 3.5% in September quarter, bringing some relief to households battling cost of living pressures
The Guardian view on China’s growth limits: shifting to a post-industrial economy is tough Editorial: Beijing’s model is hitting roadblocks. It needs to move toward more home-grown spending – even if one-party politics makes that hard
UK jobs market cools as businesses warn over budget hit to hiring and prices Rise in unemployment comes amid concerns over increase in employers’ national insurance contributions
Signs of cooling UK jobs market could be a headache for Reeves Labour market is in pretty good shape, but all eyes will be on impact of tax rises on employers
UK can strike Trump trade deal and rebuild EU relations, says top economist Keir Starmer can show UK is ‘open for business’, says former Bank of England chief economist Andy Haldane
Bitcoin price tops $87,000 for first time amid ‘Trump pump’ Price has more than doubled in a year as traders hope Trump will favour crypto when he returns to White House
The Guardian view on Trump’s tariff push: it should spark a global call for fairer trade Editorial: US protectionism raises alarms, underscoring the need for balanced policies as wealthy nations’ tariffs can hurt developing economies
Hybrid working much more likely if staff have a degree, says ONS Official figures show ability to work from home differs greatly across age, job type and education
Far-right leaders are winning across the globe. Blaming ‘the economy’ or ‘the left-behinds’ won’t cut it The economy matters, but the likes of Trump succeed by offering voters revenge for problems both real and imagined, says author and Salvage founder Richard Seymour
Extreme weather cost $2tn globally over past decade, report finds US suffered greatest economic losses, report commissioned by International Chamber of Commerce finds, followed by China and India