Borrowers on payment holidays to receive ‘thuggish’ debt letters Campaign bids to change 1970s law forcing UK lenders to issue payments warning
UK consumers repay record £7.4bn of debt in Covid-19 lockdown Analysts warn of gap between those hit by job losses and those whose finances benefit from enforced spending halt
Strong support for cutting UK stock market trading hours, says LSE Majority agree move would improve gender diversity and mental health, consultation finds
Does Labour really need to ‘repair’ its relationship with the City? These are the three issues the opposition should keep in mind, says James Meadway, associate fellow of the Institute for Public Policy Research
Children of former Azeri security chief acquired luxury UK properties Investigation into hacked bank files reveals £100m business empire owned by family of former Azerbaijan minister Eldar Mahmudov
UK banks granted 1.5m payment holidays on credit cards and loans Relatively low number so far is now rapidly rising, says banking lobby group
Retirees face financial ruin as coronavirus slashes share dividends Those who believe they now qualify for a part-pension are having trouble dealing with a struggling Centrelink system
The Covid-19 bill means the Treasury must live with high borrowing The government has borrowed more in April than expected for the whole year. It can’t be paid back via austerity
What would negative interest rates mean for mortgages and savings? Variable-rate mortgages may fall a little, and it seems unlikely banks will charge to hold savings
More than 50,000 RBS staff to work from home until at least September Bank memo also outlines new Covid-19 safety rules for 400 employees returning in June
UK dividend cuts and deferrals top £30bn since Covid-19 crisis HSBC and BT among firms to make largest reductions to weather pandemic, data shows
Covid-19 a ‘wake-up call’ to build fairer society, says billionaire JP Morgan boss Jamie Dimon says crisis must be used to ‘rebuild an economy that creates and sustains opportunity for dramatically more people’
Cash could be the latest victim of coronavirus – and may never recover More people are turning to online banking and contactless payments amid pandemic concerns
As in 2008, this crisis will bring winners and losers. This time, let’s get it right Progressives missed an opportunity after the last crash. To fix our broken economy after Covid-19, we need bold new ideas, says Carys Roberts, executive director of the Institute for Public Policy Research
Bank of England could increase economic stimulus, says senior official Expansion of quantitative easing ‘quite possible’ and negative interest rates kept under review