HSBC warns it could take years to settle Madoff case as bank takes $1.1bn hit

Lawsuit over Ponzi scheme drags on London-headquartered lender, whose profits plunge by 14%

Steeper UK productivity cut of more than £20bn makes tax rises more likely

Rachel Reeves faces bigger-than-expected hit in 26 November budget from revised OBR forecast

Is London’s next superclub this warehouse by a sewage works in Barking?

The 4,000-capacity Eutopia is independently owned and run by clubland veterans – and despite being on the city’s eastern fringe, clubbers say they’re prepared to trek

‘Drinking was big!’ Pub landlords – one gen Z, one 66 – discuss how they stay open in an age of sobriety

Last year, more than 400 pubs closed in England and Wales, as rising costs kept customers at home and drinking rates among young people declined. Can any remain afloat? Two landlords from different generations discuss the problems and possibilities

This hotels saga isn’t really about asylum seekers: it’s a window on to a far bigger scandal

A blistering new report tells a tale of billions wasted and vulnerable people left traumatised, while companies profit from a blundering state, says Guardian columnist Gaby Hinsliff

Elizabeth Warren urges US regulators to investigate Jes Staley ties to Epstein

Exclusive: Senator asks watchdogs to look at whether US bankers, including ex-Barclays boss, aided late sex offender

After my car was damaged in a Tesco car wash it has washed its hands of my complaint

The tail spoiler and brake light were ripped off needing £750 repair, but it claims there was no fault with the machine

CSL share price plummets amid shareholder revolt over executive pay plans

US vaccination forecast leads to fall in stock price, while board survives spill in ‘second strike’ over pay concerns at AGM

RBA governor dismisses jobs fears but hints at rates hold after inflation uptick

Michele Bullock plays down concerns about rising joblessness as economists pencil in February for next reduction in borrowing costs

Underground mine explosion kills two people at Cobar in western NSW

Woman and man confirmed dead and another woman airlifted to hospital after blast at Endeavour mine

Shrinkflation hits everyday staples, piling more pressure on households

Which? finds products shrinking while supermarkets keep prices flat or rising

First banker jailed over Libor interest rate rigging to sue UBS for $400m

Tom Hayes claims he was ‘hand-picked scapegoat’ for the Swiss bank as it tried to avoid regulatory scrutiny

CBS News anchor John Dickerson becomes latest figure to exit network

Announcement comes amid concerns about network’s ownership and ability to maintain editorial independence

Experts say Ed Miliband’s £1.1bn for new offshore wind projects not enough

One energy industry source says they expected an annual budget as high as £2bn to meet UK’s green energy targets

New AI-powered anti-scam tool wins praise from UK fraud minister

Starling tool can scan images of items and ads on sites such as Facebook Marketplace, eBay, Vinted and Etsy