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Lloyds plan to cut chief executive’s pay by £220,000

Banking group could spend £20m to raise retirement benefits for rest of staff

De La Rue shareholders suffer from a licence to print money

Debt soared at the banknotes-to-passports printer just as bonuses rocketed and business fell

Citigroup fined £44m by Bank over poor financial information

Regulator says US bank’s oversight and governance ‘fell below expected standards’

Former Barclays executive tells jury he was ‘close’ to Qatar PM

Roger Jenkins gives evidence for first time in criminal trial over actions in financial crisis

TSB to close 86 branches with loss of up to 400 jobs

Bank aims to save £100m by 2022 from cuts as it tries to move on from IT meltdown

Nationwide profits hit by mortgage war and PPI mis-selling

Building society prioritising IT investment over ‘short-term profits’, says chief executive

TSB struck by new IT glitch just months after £366m meltdown

Bank says no one will be out of pocket as customers cut off from wages, benefits, pensions

TSB lacked common sense in run-up to IT meltdown, says report

Computer systems failure resulted in nearly 1.9 million people being locked out of accounts

Jayne-Anne Gadhia: ‘People joke I have a way with bearded billionaires’

Former Virgin Money CEO on her new role at software giant Salesforce, founded by Marc Benioff

Wealthy people are spending less – are they seeing signs of a recession?

A recent USB report found wealthy investors are increasing their cash reserves, adding to growing evidence suggesting they see trouble on the horizon

Lloyds shareholders lose legal fight over HBOS takeover

Judge found failures by Lloyds to provide information before takeover but these were not ‘causative of any loss’

City firms must do more to tackle sexual harassment, says FCA executive

Jonathan Davidson says managers who allow such behaviour are ‘not fit and proper’

HSBC to let customers block spending on gambling websites

Bank says 24-hour cooling-off period will give problem gamblers time to reconsider

Twenty Poond notes: investigation after ATM dispenses toy money

Two banknotes dealt out in Lancaster also stated ‘this note is play money’ and NOT FOR USE

Banking tech could lead to discrimination, says ex-regulator

Banks can now more accurately identify ‘unprofitable’ or costly customers

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  • Nvidia hires major US law firm to investigate spying claims; UK chancellor ‘dismayed’ by budget leak – business live
  • ITV to cut show budgets as UK TV and film production spend drops by more than £2bn
  • Andy Burnham says government will unveil 10-year plan by mid-December
  • An end to RBA rate hikes will be good news finally for homebuyers – but maybe less so for workers
  • Air traffic control boss says he was ‘most disliked person in the UK’ after flight chaos
  • Diesel still costing close to a ‘dismal’ £2 a litre despite oil price falls
  • Nissan reduces petrol car production as EV sales boom in China
  • ‘I’d steal 10-15 times a day’: ex-offenders on the addictions driving prolific shoplifting
  • Nvidia hires leading US law firm to investigate Jensen Huang’s relationship
  • Police to target 500 chronic shoplifters in retail crime crackdown in England
  • Farewell to Elon Musk’s Cybertruck. Has any car ever been more repellent?
  • Burnham lauds £12bn offshore wind investment as he prepares for climate summit
  • Aldi cuts hundreds of UK head office roles as part of global cost trimming
  • Why are Britain’s streets still so polluted? Because the car industry dinosaurs do what they like, and politicians let them
  • Labour MPs raise concerns Burnham’s 10-year-plan will not be radical enough
  • Prime property, slow sales: why London’s stock of empty high-end flats is piling up
  • David Jones to close half its stores, triggering mass job losses in ‘urgent restructure’
  • Bank of England’s inflation response ‘risks higher interest rates for longer’
  • US justice department sues Lyft over alleged refusal to serve passengers with disabilities
  • Trump’s FCC nominee avoids questions from Democrats on Carr’s ‘censorship agenda’
  • Falkland Islanders face ‘devastating consequences’ if Argentina blocks oil project, says UK
  • Inquiry launched into UK budget bank tax leak; Wall Street hit by US inflation data – as it happened
  • ‘Flying cars’ could launch in China next summer, maker of two-seat model says
  • Anthropic targets valuation of up to $1.4tn in stock market flotation
  • Singapore seizes US-operated cruise ship that offered ‘permanent’ life at sea
  • US inflation rose 0.4% in October as price increases cooled and gas costs dipped
  • Pharma firms’ focus on weight-loss drugs could put insulin supply at risk, experts warn
  • Nvidia and Jensen Huang sued in US over affair with alleged Chinese spy
  • Shop workers in the UK: have you experienced abuse from customers?
  • Oil prices fall to lowest since August as Trump says Iran war is ‘effectively over’

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