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Will a Nationwide customer’s boardroom challenge shake up UK corporate governance?

A decade after Theresa May spoke of radical reform, the mutual is facing a bid that is testing the limits of democracy

‘There’s a risk of another Liz Truss moment’: City raises spectre of bond market meltdown again

As Keir Starmer’s leadership totters, investors warn a Labour leadership contest ignoring public finances and market realpolitik could be disastrous

JP Morgan could scrap £3bn London HQ if Starmer is replaced by PM ‘hostile to banks’

Jamie Dimon says US banking giant could rethink Canary Wharf tower if a future Labour leader targets lenders

UK households cut back spending at fastest rate in 16 months, Barclays says

Dip in credit card spending in April, particularly on travel, suggests Britons preparing for harder times amid Iran war fallout

UK savings: six traps to avoid when you’re finding a new deal

When fixed-rate accounts hit the end of their term, there are pitfalls to avoid when finding a new home for your cash

Advisers urge JP Morgan investors to vote to split chair and CEO positions

ISS and Glass Lewis back shareholder resolution amid fears over power wielded by Jamie Dimon, who holds both roles

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

HSBC profits fall amid $400m fraud-related charge and Iran war

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

NatWest faces £140m hit from Iran war as UK growth slows and inflation rises

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

Barclay family avoids bankruptcy after deal with HSBC over £143m debt

Bank says it has withdrawn proceedings against former Telegraph owners Aidan and Howard Barclay at high court

Lloyds takes £151m hit from Iran war as it forecasts rise in UK unemployment

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

Another shadow banking hit – but otherwise, Barclays looks fine

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

Singing activists disrupt NatWest meeting over ‘climate backtracking’

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

Barclays cuts back risky lending after £228m hit from UK mortgage firm MFS

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

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  • Primark to launch home delivery service despite ‘challenging’ market
  • Tourists in England face nightly levy on hotel and Airbnb-style stays under new plans
  • ECB raises interest rates to 2.5% and warns Iran war is fuelling inflation
  • Ryanair boss says airline will dispute account of passenger who said they were partially sucked out of window – business live
  • Ryanair will dispute passenger’s claim he was sucked out of window
  • Glencore’s former head of oil pleads not guilty to bribery charges
  • UK ministers explore raising price of water for some users amid shortages
  • John Lewis losses widen to £124m as shopper confidence dips
  • Trouble in US bond market could mean higher prices are here to stay
  • Iceland to become first UK high street retailer to open shop in Falkland Islands
  • ‘People waited 24 hours for a potato!’: how viral queues help – and harm – restaurants
  • JP Morgan boss meets Burnham and Healey to warn against bank tax rise
  • ‘Fundamentally unfair’: Burnham must overhaul migration reforms, says TUC general secretary
  • Labor premiers join business groups in warning Albanese government over immigration cuts
  • Chancellor urged to fix £100k childcare ‘cliff edge’ that prompts parents to cut work
  • Bond market rebuffs US treasury’s plan to buy back $6bn in government debt
  • Oil prices rise above $100 a barrel for first time since July as Iran war escalates
  • Apple’s new CEO introduces himself at annual showcase: ‘I continue to be inspired every single day’
  • ‘Baggage reclaim was pandemonium’: passengers hit by airport IT chaos in UK recount their ordeals
  • Air traffic control boss has one week to deliver investigation into glitch, No 10 says, as UK flight cancellations top 2,000 – as it happened
  • Air traffic control boss given a week to report after UK flight chaos causes 2,000 cancellations
  • Horror warnings about Australia’s ‘collapsing’ housing market are absurd – and very much in bad faith
  • The RBA hoped this year’s three interest rate rises would tame inflation – but nothing is going their way
  • EU unveils ‘buy European’ public procurement rules to counter China
  • UK airport disruption: what are your rights if you have been affected?
  • Electronic shelf labels likely to cost jobs and drive up grocery prices, US report warns
  • Ministers to put white working-class people in UK at heart of new equalities unit
  • Supercar maker McLaren to create 1,000 UK jobs in £450m tech investment
  • UK datacentres will create just 25% of jobs predicted by tech sector, analysis finds
  • Burnham urged to tackle inequality with policies including wealth tax

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