‘Taper tantrum’ by stock markets points to gaps in the easy recovery story Cheap money, the Delta variant and China’s sluggish performance add up to tough times ahead
Lloyds plans big move into UK rental market with 50,000 homes Banking group joins other high street names seeking a fresh income at a time of record low interest rates
Nationwide to pay £125 to existing members who switch current account Existing customers to receive larger reward than new ones, in move that follows HSBC and Virgin Money
Want to get your finances under control? There’s an app for that Your smartphone is the gateway to a host of budgeting apps to track spending, saving and investing
Flutter’s punt on US gambling business FanDuel has played out in spades The FTSE 100 company’s share of the US online sportsbook market in the last quarter was an astonishing 45%, which equates to 2.2m people
What is going on at the Co-op Bank’s call centres? I’m trying to pay someone £40 using telephone banking but I can’t get through to anyone
Macquarie wades back into UK with majority stake in Southern Water Australian investment bank left Thames Water saddled with debt when it sold up in 2017
Labour accuses Philip Hammond of breaking ministerial code Former Tory chancellor reportedly wrote to Treasury to advocate for a bank he is a paid adviser for
Prudential in talks to buy out and shut coal-fired plants in Asia Scheme with Asian Development Bank could help make big progress on climate goals, says insurer
Banks failing to properly help victims of fraud, says Which? Survey found customers who had been victims of scams often struggled to contact their bank
Aerospace firm Meggitt’s buyer should be pressed to beef up its promises Parker Hannifin could potentially be a decent owner but its commitments are too easy to wriggle out of
Goldman Sachs raises pay for junior bankers after 100-hour week complaints Increases are thought to apply to three most junior positions across investment bank
HSBC boosts bonus pool and dividend as profits more than quadruple Bank helped by economic recovery from Covid-19 crisis in big markets including the UK
Starling Bank attracts switchers as Tesco plans to shut current accounts App-based lender emerges as biggest winner in new figures, with Virgin Money also making sizeable gains
Monzo under investigation by FCA over anti-money laundering rules Digital bank says it is cooperating with watchdog which is ramping up efforts to combat financial crime