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Citigroup to offer up to 12-week sabbaticals to staff

Scheme is part of review of bankers’ work-life balance after home working shift

‘Bad loans’ of banks risking credit crunch, warns European commission

Europe facing post-Covid finance squeeze as indebted businesses crash affecting economy

Bank of England tells bank bosses to review exposure to Covid losses

UK financial sector told it must be prepared for risks from businesses damaged by coronavirus pandemic

Barclays fined £26m for poor treatment of struggling borrowers

FCA warns lenders over mistreating customers facing hardship during Covid crisis

PayPal introduces new fee for dormant accounts

Users must sign in before next week’s deadline to prevent being charged £9 a year

No-deal Brexit: markets brace for big hit to UK company shares and sterling

Analysts warn if talks end on Sunday without agreement it could trigger a large sell-off

Bank of England explores easier options for getting a mortgage

Review comes as concerns grow that first-time buyers are being left out of property market during Covid crisis

£14bn Mastercard class action gets green light from court

Almost every UK adult could get payout if case over alleged overcharging succeeds

Black staff at Lloyds are paid 20% less than their peers, bank reveals

Lender releases data as part of race action plan, and says gap is due to lack of black staff in top roles

Restarting bank dividends seems premature in such uncertain times

With Covid and Brexit ongoing, the economic emergency has only just begun

UK banks get go-ahead to restart limited dividends and bonuses

Move comes after regulators decided lenders were in a good enough position to cope with the Covid outbreak

Rothschild & Co hires former top UK civil servant Mark Sedwill

Ex-diplomat will steer investment bank’s ‘strategic ambitions’ months after quitting Whitehall post

Commonwealth Bank of Australia to move European HQ out of London

Relocation to Amsterdam will give better access to European markets ‘regardless of Brexit outcome’

Lloyds to move 700 staff into full-time homeworking roles

Banking group makes decision despite Covid vaccines putting end of restrictions in sight

Brexit fishing gamble suggests No 10 forgot its economics homework

Analysis: Exasperation as fates and fortunes of large industries reliant on efforts to expand much smaller one

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  • Nvidia’s value tumbles after ‘honeytrap’ investigation launched, as China denies spying claims – as it happened
  • Young people in UK hit by ‘low-gear economy’, warns Bank of England deputy
  • EU manufacturers could give up on competing with China by 2030, warns commerce chief
  • Mortgage holders’ confidence crashes to lowest level since 1994 as year that ‘feels like a recession’ looms
  • Qantas to cut 850 Australian jobs and outsource work to India under AI-driven overhaul
  • 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

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