Frustration in Labour ranks over Reeves’s refusal to reinstate bankers’ bonus cap

Shadow chancellor is warned that decision will be unpopular with voters, including those in ‘red wall’ seats

Federal Reserve continues to hold interest rates at 23-year high

Central bank said it was not appropriate to cut rates until it has ‘greater confidence that inflation is moving sustainably toward 2%’

Shadow chancellor says party aims to be champion of a thriving financial sector if it wins election

Regulator says bank failed to properly implement Financial Services Compensation Scheme

While some banks and building societies scrap system, others report increase in usage by customers

Overhaul likely to raise concerns for UK bank’s 2m customers who rely on branches to manage accounts

Biggest reduction since December 2021 will allow 1tn more yuan to be released in form of new loans

The investment company is also outsourcing work, selling offices and renegotiating contracts while recognising ‘performing colleagues’

Scheme to support first-time buyers that would appeal to young voters reportedly being considered by No 10

The CEO of JPMorgan Chase, America’s largest and most powerful bank, is defending Trump’s record. This is absurd

Economic dynamism comes from high public investment, for which the rich should be contributing more

Lenders forecast biggest quarterly increase in missed repayments on credit cards and loans since 2009

Company exploring options as it plans to shift focus back to food and retail, rather than services

JPMorgan Chase posts record annual profit as earnings season gets under way

FCA to examine whether consumers have been charged inflated loan rates on new and secondhand cars