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NatWest scraps £7.6m of Alison Rose’s payout after Farage scandal

Move follows resignation of CEO over row linked to closure of former Ukip leader’s bank accounts

AI could cause ‘catastrophic’ financial crisis, says Yuval Noah Harari

Historian and Sapiens author says sophistication of technology makes it difficult to forecast its dangers

UBS reports $785m loss due to costs of Credit Suisse integration

Swiss banking group has cut 13,000 jobs this year as it recovers from rushed rescue deal

Almost half of Australian mortgage holders under financial stress as RBA tipped to raise rates again

Record level of stressed households as all but four of 39 economists in survey tip Melbourne Cup Day hike

ICO apologises to ex-NatWest chief over claim she broke privacy law on Farage

Watchdog says it was ‘incorrect’ to suggest Alison Rose breached law by discussing ex-Ukip leader’s banking with journalist

Bank cut my bonus because I had a baby, says MP leading City sexism inquiry

Treasury committee head Harriett Baldwin has revealed how ex-boss at JP Morgan bank cut perk after she returned from maternity leave

Harriett Baldwin: the fund manager turned Tory MP fighting sexism in the City

The fund manager turned politician is gunning for an industry that has not crawled out of the sexist dark ages. She may then turn her fire on Westminster

UK removes state guarantees from almost £1bn in Covid loans

Decision on scheme run by British Business Bank pushes losses on to banks if borrowers fail to repay

TSB reimbursed 15 times more customers’ fraud losses than Monzo in 2022

Regulator figures show huge differences in banks’ treatment of fraud victims, from 94% of claims refunded by TSB to 6% at Monzo

French police detain Russian tycoon over alleged financial and sanctions violations

Alfa Bank founder Alexey Kuzmichev was sanctioned by EU for ‘well-established ties’ to Vladimir Putin

France is Europe’s biggest supporter of ‘carbon bomb’ projects, data shows

French banks have financed $154bn to firms running biggest fossil fuel projects since 2015 climate pact

Tories fuelling ‘greed is good’ with lift of cap on bankers’ bonuses, says TUC

As cap is lifted on Tuesday, unions claim Rishi Sunak is following Liz Truss’s footsteps

Higher interest rates help HSBC to more than double profits

Bank criticised by MPs for being too slow to reward savers as it announces 15% rise in net interest income and $3bn share buyback

NatWest decision to close Nigel Farage’s bank accounts was lawful, says report

Investigation for bank finds however that there were ‘serious failings’ in handling of Coutts move and treatment of ex-Ukip leader

Russia raises interest rate to 15% after steep climb in inflation

Two-point rate rise surprises analysts as central bank blames 6.6% inflation on consumer demand

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  • Andy Burnham to host entrepreneurs and local mayors at No 10 on Monday
  • ‘Too little, too late’: critics perplexed and suspicious of AI leaders’ call for a slowdown
  • The Guardian view on the government’s corporate reforms: entrenching neoliberalism, not ending it
  • Mohamed Al Fayed abuse compensation claims could reach £150m, says law firm
  • OpenAI boss and Elon Musk back calls to put brakes on ‘reckless’ AI development
  • A joyful harvest: the young Welsh farmers growing food for Birmingham
  • Surging inflation puts interest rates back in focus as policymakers meet in Japan, US and UK
  • ‘Trump accounts’ promise to mint child millionaires. Experts have their doubts
  • Many professionals take continuing education. Let’s add etiquette classes
  • AI will transform capitalism – but how?
  • The perilous economic conditions facing the UK can be traced back to Trump
  • ‘Really helpful’: the AI bootcamps aimed at addressing UK youth unemployment
  • Mapped: the £150bn megaproject that aims to protect Britain from energy shocks
  • Tesco alerts police as supermarket becomes latest victim of scam ‘endorsement’ ads
  • ‘Small price to pay’: the young homeowners welcoming falling house prices even as it hurts them
  • Jeremy Thomas, British producer of The Last Emperor and Sexy Beast, dies aged 77
  • Tensions simmer on US-Canada border for two towns relying on each other
  • ‘We can see into the other room’: insurers face surge in subsidence claims
  • ‘Costing billions’: is the pensions triple lock a lifeline or simply unaffordable?
  • Thousands of ebikes seized by London councils as anger rises over blocked paths
  • Iran’s Houthi allies capture strategic island on vital oil shipping route
  • ‘World’s most profitable football business’: Abramovich’s frozen Chelsea cash earns £175m
  • US lettuce prices wilt as costs for other goods remain stubbornly high
  • Extra fishy: your tinned mackerel may not be what you think it is
  • Gasoline prices drive up US monthly inflation; four UK interest rate hikes expected by next summer – as it happened
  • US consumers faced more high prices in August as Iran war raised energy costs
  • UK chancellor urged to remove ‘hidden taxes’ from energy bills
  • ‘Just worry upon worry’: Europe faces a bleak winter as supply shock pushes factories to the brink
  • UK economy unexpectedly grows 0.4% in July boosted by AI
  • New battery-powered trains to ‘bring faster journeys to the north’

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