Metro Bank customers hit by payment problems; EU to raise tariffs on foreign steel imports – as it happened European Commission proposes 50% tariff on foreign steel, which UK union says is an “existential threat” to UK steel industry
Barclays sent me on wild goose chase trying to close sick mum’s account She is from mainland Europe and I have to shut her UK banking now she is in a care home abroad
Banking industry’s net zero alliance shuts down amid faltering climate commitments NZBA had nearly 150 members but banks began leaving when Trump was re-elected on promise to ‘drill, baby, drill’
Cash is still king across Africa. Can a new payment platform transform business? Digital system that facilitates instant money transfers touted as potential game-changer for cross-border trade
How switching your current account can help to boost your savings Offers encouraging people to move can mean ‘free money’ and access to best-paying savings accounts
Farage steps up calls for Bank of England to halt bond sales Reform UK leader presses governor Andrew Bailey over quantitative easing in meeting at Threadneedle Street
The next big financial crisis may be brewing. Warning signs are already there The longer the period between crises, the greater the complacency. That complacency is pushing share prices ever-higher, says Guardian columnist Larry Elliott
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