UK banks approve £35bn in state-backed loans amid heavy demand Loans for 830,000 firms have been signed off but banks can’t keep up with demand for emergency funds
Amanda Staveley sues Barclays for £1.5bn in high court Businesswoman says bank misled her while she helped secure deal that saved it in 2008 financial crisis
£36bn of government-backed loans will be toxic, taskforce warns Report finds businesses will have £97bn-£107bn worth of unsustainable debt by March
Monzo customers shut out of accounts in lockdown Some of the bank’s customers have been unable to get to their money when they need it most
Covid-19 relief for fossil fuel industries risks green recovery plans Over $500bn is going to high-carbon industries undermining goals of Cop26 climate talks
Labour takes British-based banks to task over China’s Hong Kong policies HSBC and Standard Chartered’s support for security law challenged by Lisa Nandy and Anneliese Dodds
Defrauded of £800,000 but we’re caught between the bank and the ombudsman The bank will only pay half and the ombudsman has £150,000 limit
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