Boris Johnson is calling for the top rate of income tax to be cut to 40p and for large firms to pay the living wage to employees just days before the first Conservative budget for 19 years.
Courteous. Dignified. Almost statesmanlike.
The biggest shakeup of trading laws since the reforms of the 1990s is set to be unveiled in the budget on Wednesday.
Hopes of a truce between Athens and its creditors after the Greek referendum’s resounding rejection of the terms of the bailout were fading fast, as European leaders said the gap between the two sides had widened.
A guide to the next big turning points (that can already be predicted) in the rapidly unfolding crisis in Greece.
Greece delivered a landslide no vote to the eurozone’s terms for the country remaining in the single currency on Sunday night, unleashing a seismic political shift that could derail the European project.
The CBI has issued a call on eurozone leaders to quickly resolve the Greek debt crisis, whatever the outcome of Sunday’s referendum, after the British business group’s latest poll highlighted mounting pressure on exporters.
Greece needs €50bn-€60bn (£35bn-£42bn) of extra funds over the next three years and large-scale debt relief to create “a breathing space”, says the International Monetary Fund. In Athens, the Greek prime minister, Alexis Tsipras, could be forgiven for shouting: “I told you so.”
The US unemployment rate has fallen to 5.3% – the lowest in seven years – after the economy added 223,000 jobs in June.
Berlin has delivered a blistering attack on Greece’s beleaguered radical prime minister, Alexis Tsipras, accusing him of lying to his own people and seeking scapegoats for the country’s misery everywhere but in his own ranks.
British retail sales slowed in the run-up to the EU referendum, an industry survey has shown.
The UK has been stripped of its last AAA rating as credit agency Standard & Poor’s warned of the economic, fiscal and constitutional risks the country now faces as a result of the EU referendum result.
Mervyn King, the former Bank of England governor, has delivered his most stinging criticism of George Osborne and the Treasury over the Brexit campaign, saying they will need to row back from exaggerated claims that left him “baffled”.