The Latest Breaking News from James Callaghan

“Crisis? What Crisis?” A three-word headline on the cover of The Sun newspaper in 1979 that helped bring down the British government.

THE INDEPENDENT VIEW: Editorial: There is one shortcut to prosperity: reverse some of the damage of Brexit

Tributes paid to one of the UK’s foremost economics commentators who was also ambassador to Washington

There are many parallels between the situation facing Labour’s 1960s chancellor and today’s. But will Reeves grasp the higher borrowing nettle?

PM faces pitfalls navigating what are crucial relationships but claims by jilted Tories don’t ring true, say experts

It’s likely to be a gruelling few months for former PM but his party hopes it buys them time to find a future winner

The new government has promised things will be different: but when it comes to spending, we seem stuck on old Tory policies

What our politics and government need is a restoration of continuity and stability – not a premature resignation, says Guardian columnist Martin Kettle

Few suspected at the time that the 1979 election was also a 1979 moment. Sure, the gravediggers were on strike and James Callaghan spoke of a "sea-change in politics" about which there was little anyone could do. But the Conservative manifesto of that year was far from unadulterated Thatcherism. Not…