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Wall Street slides after Federal Reserve makes emergency US rate cut – as it happened

In an emergency move, the US central bank has cut borrowing costs by 50 basis points and warns that the coronavirus “poses evolving risks to economic activity”

Banks issue emergency loans to UK firms hit by coronavirus crisis

High street lenders ready to support businesses experiencing supply chain disruption

Barclays under investor pressure over fossil fuel stance

Jupiter Asset Management to back campaign resolution calling for halt to investment

Investors know what to do when interest rates are cut: buy shares

Share prices did better today but it would be ridiculous to say the market’s mood has improved

Barclays investor calls for boss’s removal over Epstein links

Shareholder Ed Bramson says Jes Staley’s re-election as CEO of bank would be ill-advised

John McDonnell says Treasury committee will now be ‘toothless’

All but one Tory in new lineup had links to banking before becoming an MP

‘I lost £95,000 in a bank scam after my solicitor’s email was hacked’

Sally Flood managed to claw two-thirds back, but says lenders should do more to protect customers

Three former Barclays executives found not guilty of fraud

Trio had been accused of funnelling secret fees to Qatar in exchange for emergency funding in 2008 financial crisis

Coronavirus fears trigger biggest one-day fall on US stock market

Dow plunges 1,190 points as analysts say virus could inflict as much damage as 2008 crisis

Standard Chartered to miss growth targets amid coronavirus fears

Asia-focused bank says financial goals missed and warns of further instability

BCR’s £120m handout to Metro bank has turned out to be a colossal waste

Taxpayers will feel short-changed over the failure of a leading challenger bank to deliver improvements

Blackstone pays record £4.7bn for student housing firm iQ

UK’s largest private property deal agreed as Goldman Sachs and Wellcome move out

Lloyds, Virgin Money and Direct Line to cut 2,000 jobs

Growth in online banking has impact on branches while insurer begins cost-saving plan

Debt-hit shopping centre firm Intu extends overdraft

Lakeside owner thrown £440m lifeline but deal rests upon £1.3bn rights issue

Metro Bank scales back expansion plans after £131m loss

Bank takes £27m hit to cover costs of investigation into accounting error

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  • Can fish and chip shops survive? ‘We made more money by closing than staying open’
  • IMF urges Australian government to cut spending as another interest rate hike looms
  • US Federal Reserve raises interest rates for the first time since 2023
  • ‘Inflation is too high and has been for too long,’ says Kevin Warsh as Fed announces rate hikes – as it happened
  • ‘Made in Europe’ law threatens UK plans for reset with EU
  • Fossil fuel advertising contracts at all-time high in 2026
  • Don’t back down on pledge to put water firms under public control, Burnham told
  • Amazon raises starting pay to $20 an hour and adds Whole Foods discount
  • Former French culture minister goes on trial over corruption charges
  • Burnham warns of ‘difficult decisions’ in budget as inflation rises to 3.1%
  • In such a rich country, it is shameful how many Australians on jobseeker are dying in desperate poverty
  • UK rents accelerate as London house prices fall, and inflation rises to 3.1% – as it happened
  • Amazon to launch Ring ‘neighbourhood watch’ app in UK amid US privacy fears
  • Reform-linked thinktank ‘to call for big tax cuts for the rich’
  • Mirror publisher to cut 220 editorial jobs as readers turn to AI summaries
  • Allowing AI firms to collude to ‘pace the frontier’ is a dangerous proposition
  • Sunderland gets its Kicks: Nissan to invest £170m to build new hybrid SUV
  • Ladbrokes owner prepares to cut 400 jobs weeks after profit boost
  • Revealed: the UK towns with the fewest jobs for young people
  • McLaren to build SUVs geared towards Formula One fans with children
  • Barclaycard sent me a bill for someone else’s account
  • Anthropic lands deal in $31bn datacentre in western Queensland, David Crisafulli says
  • Slave-trade wealth was embedded in Britain’s financial system, research finds
  • US treasury secretary hails government’s bond buyback a success
  • Carney says Canada will pursue ‘unique security and economic alliance’ with EU amid US trade spat
  • John Healey in talks with Canada about UK joining new global defence bank
  • The Guardian view on the Bank of England’s £120bn bill: power without accountability
  • Leading UK retailers ‘breaking law’ by not refunding customers for returned goods, Which? finds
  • UK retirees with no other income will not pay tax on new £13,000 state pension, No 10 says
  • Pensioners are ‘big winners’ with triple-lock set to rise by 3.9%, lifting state pension to £13,000 – as it happened

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