Global finance watchdog warns over private credit industry fuelling AI boom

Financial Stability Board report reveals tech, healthcare and services sectors as the biggest borrowers

Reinstate windfall tax on banks after surge in profits, TUC urges

Unions group wants rate returned from 3% to 8% after big four UK lenders reveal £14bn total profit in first quarter

London-headquartered bank’s shares slide as it sets aside an extra $300m to cover effects of Middle East conflict

Profits ahead of expectations but almost half of £283m impairment charge follows forecast reassessment

Bank says it has withdrawn proceedings against former Telegraph owners Aidan and Howard Barclay at high court

Bank expects its base case for GDP growth to be 0.5% this year, lower than IMF’s 0.8% prediction for Britain

The bank should not sound the all-clear but twin embarrassments do not mean the current credit cycle will end in tears

AGM briefly adjourned after protesters wearing T-shirts labelled ‘No more big oil’ burst into song

Bank’s chief executive points to alleged fraud as it sets aside a further £105m for motor finance compensation

FTSE 250 firms Paragon and OSB Group, owner of Kent Reliance and Precise Mortgages, slide on London Stock Exchange

Hundreds of senior staff in territory benefit from nearly £30,000-a-year grant per child not available to staff in group’s other hubs

Shareholders including the Church of England back call for protest votes against bank’s chair

Creator card is designed for people making money through TikTok Live, some of whom complain of payment delays

MPs call for investigation into Essar Energy, owner of Stanlow refinery, which shifted loans from ‘Putin’s piggy bank’ VTB to Mauritius

The campaign is part of government initiative to boost financial risk taking, amid fears UK growth is being stymied