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Inflation in Australia is still stubbornly high. Will the RBA raise interest rates again?

With hopes for a rate cut gone, there is speculation of another rise before the end of 2024. What factors will sway the Reserve Bank’s decision?

HSBC chief Noel Quinn to step down after ‘intense’ five years

Bank says it has started search for a successor as it reports quarterly profits beat forecasts

Barclays accused of greenwashing over financing for Italian oil company

Exclusive: Environmental groups say bank is misleading public over ‘sustainable’ financing for Eni as company vastly expands fossil fuel production

UK consumers feeling more confident about finances, says NatWest boss

For first time since August 2021 people expect position to be better in a year, Paul Thwaite adds

Barclaycard change could mean much higher interest for some customers

Credit card holders who make minimum repayments warned they could be in debt for years longer

Barclays profits tumble 12% as UK interest rates hit mortgage demand

Pre-tax profits drop to £2.3bn between January and March, down from £2.6bn last year

The Guardian view on globalisation’s discontent: it’s not right for poor countries to fund the rich

Editorial: Wealthy nations exploit their position as the world’s bankers to siphon off hundreds of billions from the needy

Lloyds profits fall as competition for mortgages heats up

Pre-tax profits drop to £1.6bn between January and March, down from £2.3bn last year

UK bankers warned of ‘severe losses’ if they fail to monitor private equity exposures

Bank of England executive says creeping sense of complacency and lack of data is putting lenders at risk

Even a ‘rate shock’ for British mortgage borrowers may not help the banks

The prospect of home loan rates staying high for longer is not the tonic for lenders’ financial results it once was

‘Every penny has a purpose’: the rise of zero-based budgeting

Growing social media interest in method of tracking spending and saving prompts banks to get in on the act

Coventry Building Society makes £780m offer for Co-operative Bank

Tentative offer follows four months of talks and could create new banking group with almost 5m customers

Taylor Swift fans given ‘urgent warning’ as £1m lost in ticket scams

Lloyds Bank says more than 600 of its customers have been tricked by fraudsters so far

At last G20 is showing how to finance an assault on poverty

Brazilian president Lula’s proposals have the backing of the World Bank. Now we need action

Central banks must resist pressure for early rate cuts, says IMF head

Kristalina Georgieva also cautions of danger of ‘tepid twenties’ – a decade of sluggish economic growth

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  • US firm goes public with £4.7bn proposal to buy easyJet after earlier bids rejected
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  • UK taxpayers want higher levies on big tech companies, survey shows
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  • Burnham must be upfront about tax or risk spooking the bond markets
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