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Barclays U-turns over ban on Post Office cash withdrawals

Bank rethinks decision after stinging criticism from MPs label move as ‘penny-pinching’

Barclays deposits a large dose of common sense at the Post Office

Bank’s unilateral exit from Post Office cash withdrawals was always a PR own goal

Mario Draghi leaves ECB with gloomy economic warning – as it happened

Mario Draghi warns that geopolitical risks are threatening the eurozone recovery, as he gives his final press conference as president of the European Central Bank

RBS posts quarterly loss after extra £900m put aside for PPI claims

Bank slid to an operating loss of £8m for the three months to September

Superyachts and private jets: spending of corrupt super-rich revealed

Groundbreaking analysis finds £300bn of suspect funds funnelled through the UK

Metro Bank chairman steps down early after torrid year

Vernon Hill quits as regulatory investigation into bank’s accounting error continues

World economy is sleepwalking into a new financial crisis, warns Mervyn King

Past crashes spawned new thinking and reform but nothing has changed since 2008 banking meltdown, says former Bank of England boss

Banks expect to cut business lending at fastest rate since 2008 crash

Bank of England survey shows plan is response to rising defaults and a fall in demand

UK firms face lending squeeze; IMF chief warns against no-deal Brexit – as it happened

Rolling coverage of the latest business and economic news, as sterling is volatile after EU and UK agree new Brexit deal

IMF haunted by fears that history might be about to repeat itself

With corporations loading up on debt, any recession would have dire consequences

Goldman Sachs announces $80m loss on WeWork investment

Loss in office rental company, which is expected to lay off 2,000 workers imminently, contributes to 26% drop in profits from a year ago

Concerns as EU bank balks at plan to halt fossil fuel investments

Last-minute lobbying forces delay to ambitious move by European Investment Bank

Call your bank and ask for a better mortgage deal – but read this first

There is not much the ACCC can do about the banks not passing on the full cash rate cut

A recession is coming. When it does, we need to demand a Green New Deal

Having squandered the last financial crisis, we cannot make the same mistakes again. A Green New Deal is the only reasonable response

Asic vows to use new powers to protect consumers ripped off by small print

Regulator’s new weapons include power to ban products, which it has used four times in the past three months

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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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