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Second-quarter GDP falls by 0.1% as cost of living crisis takes hold and health sector output drops
Once in office, the next prime minister must act decisively to deal with the looming economic crisis
Cheap imitations of Thatcherism will not help the next prime minister tackle some formidable challenges as the outlook worsens
Conservative leadership frontrunner dismisses the ‘abacus economics’ of the Treasury
Central bank has primary function to maintain price stability and support government economic policy
The hit to households from the downturn will be worse than anything that followed the financial crisis
Tory front-runner’s pledge to cut taxes during leadership debate with rival Sunak comes after BoE warning on economy
UK faces protracted recession and biggest squeeze on living standards in 60 years
Contrasting plans and Truss’s unorthodox views have had only minor effect on bond markets
Workers losing total of £1.5bn a month as a result of chronic illness, think-tank finds
Volume of goods bought falls for second consecutive month, as economists warn of economic recession later this year
Supply conditions, wages and corporate pricing are more important than whether growth is slowing or turning negative
Output grew 0.5%, raising expectations of large interest rate increase by Bank of England
Resolution Foundation, Treasury select committee and National Audit Office point to shortcomings in strategy
Candidates vie to appeal to MPs, promising what Sunak called ‘comforting fairy tales’
Whoever succeeds Boris Johnson must be serious about tackling Britain’s profound productivity problem
The next Conservative prime minister needs to be honest with voters about this
Huw Pill says he is ‘in the price stability business’ but warns it is no longer helpful to give guidance on future path of policy
Financial stability update says institutions have ‘considerable capacity’ to continue lending despite global uncertainty
Resolution Foundation finds renters, single parents and those with young children to be most vulnerable
Britain faces the most complex policy challenges of any rich country
Modest interest rate rises by the Bank of England would simply reflect the severity of the economic slowdown
Mood gloomier than at height of pandemic or in 2008 financial crisis as inflation hits household pockets
Number of full-time employees at all-time high but hiring is slowing and unemployment edging up
April figures show GDP falling 0.3%, missing forecasts of a rise of 0.1%
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