Developing nations face triple shock from energy crisis, El Niño and borrowing costs, UN warns
UN’s development arm calls for urgent action as crises could ‘throw tens if not hundreds of millions back into poverty’Developing countries face a triple shock from the energy crisis, El Niño and surging borrowing costs and need urgent support from the…
‘If voters aren’t better off by the next election, we’re screwed’: Labour insiders voice fears over budget
Some say party risks ‘looking twee’ by focusing on small fixes amid growing nervousness that budget lacks ambitionIn the days since Labour’s annual conference, party insiders have been sharing a word cloud produced by the pollsters More in Common, which…
France’s dilemma: protesters demand spending as markets require fiscal restraint
Waves of protests expose debt crisis faced by French government, but political wrangling is stalling an escape plan. Is there a way out?Eight years have passed since rising fuel prices brought the gilets jaunes (yellow vest) demonstrators to the streets…
The Guardian view on Tory economics: Britain’s future needs more than Thatcher’s past | Editorial
The Conservatives blame their failures on abandoning their 1976 principles. But the country needs investment and resilience rather than another round of spending cutsThe Conservative party wants to go back to the future under Kemi Badenoch. In her…
Tories plan to extend cuts beyond £47bn previously pledged, leak reveals
Exclusive: Shadow chancellor Andrew Griffith told party members last year he had discussed making further savings if they win next electionThe Conservatives are planning to make sweeping cuts beyond the £47bn announced last year if they win the next…
‘He feels more relatable’: Burnham’s conference speech wins praise from drifting Labour voters
The UK prime minister has earned his party a rehearing but the battle of public opinion is not yet won“He’s offering what no other politician has offered for a long, long time. He actually feels like he’s one of us,” was how Neil, a geography teacher,…
Would a gambling tax rise in the budget really shut shops and cost jobs?
Most of the betting industry is urging the chancellor not to double slot machine duty to raise up to £460m more a yearGambling industry kingpins are fuming about reports that the chancellor, John Healey, is considering increasing taxes on high-street…
Rightwing economic myths could derail Burnham’s project – to destroy them, look to Keynes | Larry Elliott
Borrowing can be good, there is no such thing as the ‘nation’s credit card’, and, yes, you can buck the markets – as previous governments have shownAndy Burnham does a nice line in nostalgia. His first party conference speech as prime minister was full…
Government must stop dithering over energy bill support for the vulnerable | Nils Pratley
Ministers should introduce a properly targeted social tariff rather than tinker with the warm homes discount Energy bills forecast to jump by £276 a year from JanuaryWhat to do as prices head for £2,000 a yearAfter the hopeful good vibes in Liverpool,…
The Guardian view on Britain’s new chancellor: his purpose must be to protect living standards | Editorial
John Healey has offered a vision, but an energy shock will mean households and businesses need to be offered help in the budgetIn his first speech to Labour party conference as chancellor, John Healey offered prudence with a purpose in a speech…