Co-op boss admits all 6.5m members had data stolen in cyber-attack CEO Shirine Khoury-Haq says hackers stole contact details of all members but not financial data such as card numbers
Barclays fined £42m over poor handling of financial crime risk FCA fines bank for failures relating to money-laundering risk linked to two businesses
As Optus Sport closes, subscription refunds are on their way – by cheque Optus says cheque refunds are not standard practice but are implemented ‘where electronic banking is unavailable’
Tread carefully with reform of bank ringfencing, chancellor Ditching the regulation in its entirety risks another financial crisis. Stamp duty on shares remains the background drag
Reeves unveils City strategy aimed at cutting red tape and fuelling UK growth ‘Leeds Reforms’ include streamlined accountability for senior bankers and a campaign to get more consumers investing in stock market
To hoard or not to hoard? UK consumers on the pros and cons of cash Events such as the Iberian power blackout have led some to go back to physical money, but others are not convinced
Hot weather lifts UK spending as fans and sports gear add to sales Retail body says sales up by 3.1% year on year in June after drop in May, but Barclays finds shoppers are cautious
England’s reservoirs at lowest level for a decade as experts call for hosepipe bans Levels even lower than in severe drought year of 2022, data shows, with water firms urged to ‘be proactive’
HSBC becomes first UK bank to quit industry’s net zero alliance Campaigners condemn ‘troubling’ move that follows departure of six of largest US banks after Trump’s election
Cash Isas: Rachel Reeves pauses plans to reduce amount savers can put in Chancellor, who had been expected to announce changes next week, faced backlash over move
Bank of England rolls out looser mortgage rules to help first-time buyers Move hopes to push lenders to offer more high loan-to-income mortgages and help 36,000 buyers on to housing ladder
Rishi Sunak takes advisory role with Goldman Sachs while serving as MP Conservative former PM to be restricted from lobbying government for another year and will give salary to charity
Monzo fined £21m after customers used No 10 and Buckingham Palace as addresses FCA finds digital bank failed to employ adequate controls when signing up new clients
More than 23m Britons think they may be due compensation for mis-sold car loans, UK poll finds Survey comes before supreme court decision on secret commission payments ruled unlawful by court of appeal
UK financial watchdog expands bullying rules to 37,000 City firms Wider range of firms must report harassment by senior employees to FCA as it seeks to prevent ‘rolling bad apples’