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Bank of England urged to do more to tackle climate crisis

Environmental groups mark 10 years since Mark Carney’s ‘short-term horizons’ speech with plea to act ‘while there’s still time’

Red flags: how to avoid falling victim to a ‘money mule’ scam

Repercussions of receiving illicit funds, even unwittingly, in your account and passing them on can be long and costly

UK households put a record £103bn into Isas amid ‘dash for cash’

Figures show 15m more tax-efficient savings accounts were opened in 2023-24, with more following as fears grew allowance might be cut

Nationwide chair first major British lender boss to publicly engage with Reform UK

Building society defends Kevin Parry after he attends party’s breakfast event, sitting next to Richard Tice

Barclays boss urges UK ministers to limit public sector pay rises

TUC says CS Venkatakrishnan has ‘brass neck’ calling for curbs when his pay packet has doubled to £10.5m

UK contactless payments could go above £100 or become unlimited

Financial watchdog says proposals to allow providers to set own limits would be more convenient for shoppers

‘We are teaching the machine to take our job’: Banks bet big on AI as thousands of jobs cut

Across the banking sector, thousands of jobs have been lost at the same time as AI use soars in clerical and customer service roles

UK banks face lawsuits over mortgages that left people with huge debts

Group actions against Barclays and Bank of Scotland over products that left some people owing up to 20 times the sum they borrowed

Reform UK could strip FCA of power to regulate banking if elected

Nigel Farage reportedly plans to overhaul rules governing City of London that were introduced after 2008 financial crash

Lloyds to warn 3,000 staff they face sack for ‘underperformance’

With economic uncertainty leading fewer people to leave, bank will put one in 20 on ‘performance plans’

Finance for transition mineral mining is driving destruction and abuse, says report

Hundreds of billions of dollars invested in extractive mining for green transition with few safeguards, research finds

Rate-rigging convictions of five more bankers may be unsafe, says SFO

Serious Fraud Office has assessed six more cases after supreme court quashed convictions of two traders last month

UK bank shares tumble after call for windfall tax on lenders in budget

Investor jitters follow report by IPPR and lead to more than £6bn being wiped off the sector’s market value

Treasury should tax big banks on quantitative easing windfalls, argues thinktank

IPPR says Rachel Reeves should also urge Bank to halt bond sales to reduce government losses of £22bn a year

Norway wealth fund sells Caterpillar stake over Israel allegations

World’s largest wealth fund says it has excluded bulldozer maker and five Israeli banking groups on ethics grounds

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  • Ministers face backlash from hospitality industry over ‘tourist tax’ plans
  • Global bond sell-off resumes as surging oil prices stoke fears about inflation
  • The hospitality industry fears a tourist tax will deter visitors – the evidence says otherwise
  • Woolworths increased prices of at least four ‘family staples’ during ‘Price Freeze’ promotion
  • Ryanair boss says airline will dispute account of passenger who said they were partially sucked out of window – as it happened
  • The Odyssey and Spider-Man propel record-breaking summer box office worldwide
  • Primark to launch home delivery service despite ‘challenging’ market
  • ECB raises interest rates to 2.5% and warns Iran war is fuelling inflation
  • Ryanair will dispute passenger’s claim he was sucked out of window
  • Glencore’s former head of oil pleads not guilty to bribery charges
  • UK ministers explore raising price of water for industrial users amid shortages
  • John Lewis losses widen to £124m as shopper confidence dips
  • Trouble in US bond market could mean higher prices are here to stay
  • Iceland to become first UK high street retailer to open shop in Falkland Islands
  • ‘People waited 24 hours for a potato!’: how viral queues help – and harm – restaurants
  • JP Morgan boss meets Burnham and Healey to warn against bank tax rise
  • ‘Fundamentally unfair’: Burnham must overhaul migration reforms, says TUC general secretary
  • Labor premiers join business groups in warning Albanese government over immigration cuts
  • Chancellor urged to fix £100k childcare ‘cliff edge’ that prompts parents to cut work
  • Bond market rebuffs US treasury’s plan to buy back $6bn in government debt
  • Oil prices rise above $100 a barrel for first time since July as Iran war escalates
  • Apple’s new CEO introduces himself at annual showcase: ‘I continue to be inspired every single day’
  • ‘Baggage reclaim was pandemonium’: passengers hit by airport IT chaos in UK recount their ordeals
  • Air traffic control boss has one week to deliver investigation into glitch, No 10 says, as UK flight cancellations top 2,000 – as it happened
  • Air traffic control boss given a week to report after UK flight chaos causes 2,000 cancellations
  • Horror warnings about Australia’s ‘collapsing’ housing market are absurd – and very much in bad faith
  • The RBA hoped this year’s three interest rate rises would tame inflation – but nothing is going their way
  • EU unveils ‘buy European’ public procurement rules to counter China
  • UK airport disruption: what are your rights if you have been affected?
  • Electronic shelf labels likely to cost jobs and drive up grocery prices, US report warns

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