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What will happen now the £100 contactless card limit has been scrapped?

Watchdog says banks will be able to respond to changing consumer demands, inflation and new technology

UK banks keep £100 limit for contactless card payments despite FCA scrapping it

Banking lobby group says lenders are holding off changes as there is no widespread consumer demand for now

What is the £1.3bn MFS mortgage scandal and what is private credit?

A worldwide freezing order has been imposed on Paresh Raja, the owner of a UK mortgage provider

New mortgages up by £800 a year amid ‘Trumpflation’ from Iran war

Nearly 700 deals pulled in two weeks and only a few fixed-rate products below 4% are available, says Moneyfacts

Close Brothers banking group to cut 600 jobs and roll out AI ‘at pace’

Specialist lender’s shares plunge after short seller claims it will have to raise provision for car finance scandal

European takeover battle hots up with UniCredit’s ‘unfriendly attack’ on Commerzbank

Milan-based bank plans to up its near-30% stake in German lender to trigger formal talks despite strong opposition from Berlin

UK regulator examines IT glitch that enabled bank customers to see others’ accounts on app

Information Commissioner’s Office made aware of incident affecting Lloyd’s, Halifax and Bank of Scotland

AI scams drove UK reports of fraud to record 444,000 last year

Criminals using artificial intelligence tools to take over mobile, bank and online shopping accounts, says Cifas

Top US banks weigh suing federal regulator over crypto banking rules

Exclusive: Bank Policy Institute, representing lenders such as JP Morgan and Goldman Sachs, argues that new licenses could harm US consumers and financial system

Average UK office attendance ‘settling’ at highest level since before Covid

Figure above 40% every week since early January as report says situation ‘no longer in freefall nor in recovery’

‘Mainly, you fast fooded’: Monzo under fire over ‘shaming’ year-end reviews

Bank criticised for tone of spending summaries, with one user complaining to ombudsman over ‘humiliating’ use of data

HSBC bankers to share $3.9bn bonus pot, the highest in more than a decade

Bank reports better-than-expected annual results and CEO signals overhaul of lender is almost over

UK bank bosses plan to set up Visa and Mastercard alternative amid Trump fears

Exclusive: First meeting to be held over domestic payments system aimed at reducing reliance on US networks

Lloyds investigating after using staff’s bank account data in pay talks

CEO Charlie Nunn tells employees that issue ‘created some concern’ but insisted ‘we definitely have listened to it’

Bank bosses get huge pay rises in sign top City salaries back to pre-crash highs

Nat West CEO’s £6.6m pay package for 2025 is largest for group since disgraced Fred Goodwin’s £7.7m in 2006

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  • The daughters of Dominican immigrants achieved the American dream. They’re bringing sweet chocolate success back to the homeland
  • ‘Mental breakdown’: oil tanker workers stuck in Gulf for six weeks are reaching their limit
  • OpenAI shelves Stargate UK in blow to Britain’s AI ambitions
  • UK to give £380m grant to Tata battery factory in Somerset
  • Lidl to open 50 UK stores in year ahead – and its first pub
  • Gentleman’s Relish is toast after its maker axes the pungent anchovy spread
  • Oil rises and global stocks wobble amid worries over ‘fragile’ ceasefire deal in Middle East – as it happened
  • Strait of Hormuz not open, Abu Dhabi’s oil chief says as crude prices rise
  • Head of IMF says Iran war will permanently scar global economy even if peace is reached
  • BA to reduce Middle East flights when services resume in July
  • Track Australia’s fuel prices, service station outages and shipments in charts
  • It shouldn’t take a war for Britain to wake up to the need for food security
  • Ed Miliband hold firm! North sea oil and gas drilling won’t help anyone other than Nigel Farage
  • Give all UK households a set amount of subsidised energy, says thinktank
  • Oil prices plunge and stocks jump after Trump announces conditional ceasefire with Iran
  • Ceasefire brings relief to financial markets – but it is far from absolute
  • Will shipping in the strait of Hormuz – and oil prices – return to normal?
  • Britain breaks solar energy record twice as UK’s biggest solar farm gets approval
  • John Lewis boss’s pay rises to £1.2m as retailer cuts 3,300 jobs
  • Retail workers call for more security after Waitrose sacking for tackling shoplifter
  • Delta CEO braces flyers for higher fares amid surge in oil prices tied to Iran war
  • Ceasefire changes little for shipping in strait of Hormuz, experts say
  • Timor-Leste is vulnerable to ‘infiltration by foreign organized crime’, president José Ramos-Horta says
  • Is Australia headed for a recession? I hope not – but the RBA should be more worried
  • Shell oil trading profits soar amid Iran war but Qatar strikes hit gas output
  • Oil prices plunge 15% to below $100, stocks surge and dollar slumps after Trump announces US-Iran ceasefire – as it happened
  • City veteran Ian Cheshire chosen to be new chair of Ofcom
  • Close Brothers shares surge after UK bank says it can ‘comfortably absorb’ cost of car finance compensation
  • Maritime and port workers: how is the Middle East conflict affecting you?
  • ‘We can’t increase prices any more’: UK hospitality firms hit by cost triple blow

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