Investment fraud in UK soared to more than £220m lost last year, trade body says Scams involving gold, cryptocurrencies and wine rise as criminals use AI to increasingly carry out larger-scale fraud
Barclays to buy GoHenry kids’ debit card and money app High street bank to buy UK business from US fintech company Acorns as it targets young people
World’s largest banks pledged $906bn to fossil fuel companies in ‘unfathomable’ increase in 2025, report finds JPMorgan Chase leads 65 banks making decisions incompatible with restraining rising temperatures, researchers say
Personal loans booming as cost of living drives Australians to borrow record amounts National debt helpline calls have increased alongside growth in new personal loans, which charged an average 9% interest in March
‘I’m down to one option’: bank customers left frustrated by latest closures Apps intended to replace branches have been hit by outages, as a poll finds most Britons want high street services
Lloyds customers unable to make payments due to IT glitch Bank apologises after IT update caused problems with Lloyds, Halifax and Bank of Scotland apps
Tony Blair is strong on diagnosis, deluded on prescription: Britain’s ills can’t be fixed by him The former PM’s essay rightly calls for a coherent economic plan, but then sets too much store by AI – and a worldview stuck in the past, says Guardian columnist Larry Elliott
NS&I failures pile on the agony for bereaved families chasing missing premium bonds Errors and delays in tracing accounts at the trusted savings institution have compounded the stress of relatives losing loved ones
Metro Bank investors urged to reject executive pay report Bonus scheme that could hand CEO a £60m windfall is ‘significantly out of line’ with market, says proxy adviser
Nationwide pressed to address ‘emerging governance issues’ as AGM looms Labour MP writes to chair amid concerns building societies are overusing quick votes and failing to add members to boards
‘Everyone is proud of it’: dismay in Halifax at Lloyds’ threat to historic brand The bank, formerly a building society, has carried the name of the Yorkshire town since 1853 and most locals think it should be preserved
Standard Chartered boss apologises for ‘lower-value human capital’ comments amid job cuts Bill Winters faced backlash over remarks about some of near 8,000 staff set to lose roles to AI
NS&I to contact bereaved families owed £367m after missing savings scandal The bank’s interim chief executive says ‘this issue should never have happened’, but warns it may take time to process claims
Standard Chartered to cut more than 7,000 jobs as it steps up AI use London-headquartered bank will reduce back-office jobs and aims to move some workers to new roles
Halifax could disappear from UK high streets as Lloyds assesses branding strategy Bank founded more than 173 years ago could be phased out from as early as 1 July as part of group’s review