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Revolut becomes UK’s biggest fintech firm with £24bn valuation

Surge comes after banking app raised $800m from new investors Tiger Global Management and SoftBank

Financial Conduct Authority to open offices in Cardiff, Belfast and Leeds

Regulator’s plan to become less London-centric also includes doubling of headcount in Edinburgh

Would you pay £63 for a chicken? The artist who built a street to show house price madness

When Doug Fishbone came across an abandoned apartment complex in Cork, he decided to recreate it in a gallery – to highlight everything that’s wrong with our property-fuelled financial system

Banks can now unleash a dividend party – but the optics wouldn’t be good

Swimming in capital and with dividend restrictions gone, banks have plenty to give shareholders

Goldman Sachs and JP Morgan report bumper second-quarter profits

Investment banking arms of two Wall Street firms benefit from global glut of mergers and acquisitions

Met police seize nearly £180m of bitcoin in money laundering investigation

Seizure follows confiscation of £114m of the cryptocurrency in June

BoE lifts Covid restrictions on banks’ shareholder payouts

UK banking sector ‘remains resilient’ despite continued uncertainty, say officials

UK mortgage price war hots up with 0.94% fixed-rate deal

Deals offered by HSBC and TSB are available only to borrowers with hefty deposits

Cryptocurrency firm Circle to float in US in $4.5bn merger deal

Operator behind USD Coin will merge with company chaired by former Barclays chief executive Bob Diamond

Lloyds fined £90m for letters’ unsupported pledge on insurance

Renewal letters suggested customers were getting ‘competitive price’ without backing up claim

Tax financial transactions to help Covid recovery, G20 told

Economists say Tobin taxes would raise vital funds to help support global poor and tackle climate crisis

Payments firm Wise’s successful float is a relief after Deliveroo flop

Appetite for shares in the profitable money transfer outfit shows the City can bring off a big tech listing

Greensill given access to Covid loans without detailed checks, watchdog reveals

Taxpayer facing potential £335m loss after audit office says government bank carried out limited due diligence on business support loans

Cryptocurrency scam costs online dating user £20,000

Internet cons have surged in the Covid crisis, with some victims left with little recourse to recover cash

BEIS asked for multiple updates on Greensill Covid loan requests, MPs told

Officials’ emails to British Business Bank raise more questions about Greensill’s lobbying in Whitehall

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  • Nvidia’s value tumbles by $330bn after ‘honeytrap’ investigation launched, as China denies spying claims – business live
  • Jensen Huang’s image has been shattered. Could he be pushed out at Nvidia?
  • Nvidia’s board needs to do some succession planning – sharpish
  • Elon Musk and the tech bros banked on Trump and lost. Humbled, humiliated: what will they do next?
  • Thames Water asks creditors for more time to help repay £20bn debt pile
  • There’s more than a whiff of politics to the sudden call to slash Labor’s green energy subsidies
  • ‘Obvious risk of further tragedy’ at rail crossing type at which Amazon driver died, inquiry finds
  • Why is Nvidia’s Jensen Huang at the centre of a US-China row?
  • The rise and rise of the family farm
  • Insurance industry workers: how is climate-related risk managed in your company?
  • Economic relief is on the way, Democrats say. But what, how and when?
  • UK households face rush to find green energy installer to beat April VAT hike
  • Rare call for more electricity supplies as wind power drops across Europe
  • Why has Royal Mail only delivered letters twice in three months?
  • Fixing UK’s youth jobs crisis demands much more investment, TUC boss warns
  • Starbucks plans to hire 7,500 staff in major UK expansion plan
  • Chinese carmaker BYD’s offices in Netherlands raided over JLR ‘copycat car’ claim
  • US employers keep passing rising healthcare costs to workers. There are better options
  • UK spent £100m on zombie Brexit border inspection posts
  • Revealed: how a UK firm is spearheading growth in trade of US fracked ethane
  • 1-0 to humankind? US midterms vote puts AI, datacentres and the broligarchy back in their box
  • ‘AI clog’: UK public bodies battle onslaught of chatbot-generated complaints
  • Banana producers in Latin America want better pay to cope with effects of climate crisis
  • Five European leaders call for closer EU-UK ties ahead of Brussels summit
  • Standing in the way of slop bowls: the woman blocking food delivery robots
  • Great British Railways: new dawn for a new network but with plenty of old problems to fix
  • Job cuts, lost customers and a £22bn debt pile: what has gone wrong at Virgin Media O2?
  • Trump may have lost but don’t bet Democrats can fix the economy
  • Nationwide launches savings account with ‘market leading’ 5.3% interest
  • Global stocks fall amid ‘big worries over AI’ after Democrats’ midterms triumph

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