Lloyds boss warns Reeves against hiking taxes on banks as profits rise 17%
Charlie Nunn says higher taxation would be inconsistent with chancellor’s drive for growth
City traders’ Libor prosecutions always had a whiff of scapegoating
Case of Tom Hayes and others prompt questions about the Serious Fraud Office and the criminal appeal system
City trader Tom Hayes’s conviction for Libor rigging is overturned
Supreme court also quashes conviction of banker Carlo Palombo over incorrect directions given to jury
BoE governor warns Reeves weakening banking rules risks repeat of 2008 crisis
Radical shake-up to unleash risk-taking in the name of growth would be a mistake, says Andrew Bailey
Anger over Santander charging for business accounts it said would be ‘free for ever’
Exclusive: Thousands of small business owners face charges of £9.99 a month from October despite previous written guarantee
The Guardian view on Reeves’s trickle-down economics: deregulation dressed as economic renewal
Editorial: The ‘Leeds reforms’ revive a finance-first growth model – repackaging a failed economics as strategy, while sidelining real investment and wages
Rachel Reeves warned by City grandees not to weaken banking safeguards
Chancellor’s plan to slash red tape could raise financial risks and do little to help households, say architects of UK’s post-2008 reforms
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’