Ministers should check their post – Royal Mail’s problems are stacking up Vital restructuring is stalled, it’s at war with the CWU union and the business is losing £1m a day
Wirecard files for insolvency amid German accounting scandal Move comes after former CEO at payments firm held on suspicion of falsifying accounts
‘You can’t pay cash here’: how our newly cashless society harms the most vulnerable Retailers and banks have been pushing us to use contactless payments and online services for hygiene reasons. But many older, abused and unbanked people still depend on cash. What will happen to them?
‘Virtually no demand’ for coins in Covid-19 era as Australia’s shift from cash to digital hastens As a result of the trend, the Royal Australian Mint and the Reserve Bank are considering producing less physical money
UK firms urged to examine slavery links and ‘eradicate racism’ Call from CBI follows reparation efforts by Greene King and Lloyd’s of London
Barclays, HSBC and Lloyds among UK banks that had links to slavery Many bank directors received compensation after slavery was made illegal in 1833
Bank praised by Boris Johnson had slavery links, data shows Arbuthnot Latham founder owned hundreds of people and received payout when trade was abolished, UCL says
City watchdog fines Commerzbank £38m for money-laundering failings FCA says German lender had out-of-control system for checking clients despite warnings
South African police make arrests over notorious bank corruption scandal VBS Mutual collapsed in 2018 with £100m of debts allegedly looted in ‘pattern of racketeering’
Cruise and Maritime Voyages in emergency talks after potential loan deal collapses CMV scrambles for funding after failing to secure £25m loan from Barclays
UK Finance boss resigns as Amanda Staveley high court case continues Ex-Barclays executive Stephen Jones says he apologised over alleged sexist remarks referred to in court documents
The EU’s bite at Apple could prove to be a game changer A trillion-dollar tech giant can brush off fines but altering the way it operates is a different matter
Banks must treat debt-laden firms fairly to avoid replay of 2008, says FCA chair ‘Inescapable’ that some firms will accumulate unaffordable debt, says Charles Randall
‘Who cares about the AAA rating?’: the Covid financial crisis calls for reset, not recovery Australia could respond the way it did after the global financial crisis, but many are wondering if that’s enough any more
How Amanda Staveley took on Barclays over its 2008 Qatar rescue The £1.5bn case of the high-flying businesswoman began its high court hearing this week