Business
The National Trust has voted overwhelmingly to seek a new banking partner in a significant victory for members who have long argued that its relationship with Barclays was at odds with its commitment to protecting the n…
Business
It was a day after payday, and Volpe, 50, a writer and lawyer, opened his banking app and panicked: he could not even see his balance.
Business
Paraguay’s rightwing president, Santiago Peña, resigned on Thursday after a political and financial crisis collapsed the South American country’s banking system in recent days.
Business
Treasury select committee asks FCA to investigate whether tax surcharge leak led to ‘improper release of inside information’
Business
A senior Lloyds Banking Group executive has criticised the chancellor for linking bank tax increases to energy bill support for UK households, as he warned the government against extending the higher levy beyond March 2…
Business
John Healey is to use his first budget to ditch plans to slash the annual cash Isa allowance, the Guardian understands, preferring a carrot rather than a stick to encourage people to invest more in shares.
Business
Vibes matter. We live by how we feel – an idea that orthodox economics gets wrong and Andy Burnham’s first budget looks set to get right.
Business
Application made for group claim seeking compensation for companies for alleged overcharging on customer card payments
Business
Lobby group’s figures, shared with John Healey, are misleading as they do not include major rival Paris, say campaigners
Business
The UK is watering down rules introduced in the aftermath of the financial crisis that were designed to hold City bosses accountable for wrongdoing.
Business
Barclays is cutting 5,000 jobs as part of wider cost-cutting plans that its bosses say are being driven by advances in AI.
Business
NatWest has ordered 13,000 staff to increase their in-office days from two days a month to two days a week, angering its staff union.
Business
UK banking company insists customers’ funds and data are safe despite problems with sign-in, card payments, transfers and withdrawals
Business
As long as Healey doesn’t go overboard, a small turn on surcharge dial will not seriously undermine flow of capital
Business
National Australia Bank is cutting 2,500 jobs, representing 6% of its workforce, marking another significant round of cuts in a sector heavily exposed to disruption by artificial intelligence.
Business
The Bank of England is reportedly looking into Barclays’ handling of loans linked to the embattled private credit sector.
Business
Financiers owe their windfalls and bonuses to higher interest rates. Britain should reclaim more for the public and resist City lobbying
Business
Supporters of planned tax, however, say banks were bailed out by taxpayers during financial crisis and can afford to pay more now
Business
John Healey is poised to tax Britain’s banks in his 28 October budget, to help offset the damage inflicted on the public finances by war in the Middle East, the Guardian understands.
Business
Nick, this cute green cartoon from New Zealand is all over my social media. Why are people falling for an animated sheep?
Business
Bank of America (BAC.N), has been fined $1.21bn by US regulators for widespread failures to detect potential money laundering and other illicit activity, a penalty the bank said will hurt third-quarter earnings.
Business
Former City trader Christian Bittar has become the eighth person to have his conviction for rigging interest rates quashed, just days after five other former bankers also successfully cleared their names.
Business
Tax cuts for big banks have deprived the UK government of £6bn in revenues, according to campaigners, who are calling on the chancellor, John Healey, to increase taxes and force lenders to pay their “fair share” in the …
Business
Top bosses at Goldman Sachs are in line to share a bonus pot worth up to $500m (£378m) this year, marking one of the biggest payouts in the Wall Street bank’s history.