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UK savings rates: NS&I launches one-year deal offering record 6.2%

Government-backed bank throws down gauntlet to high street lenders with new growth bonds

Central banks will push economies into recession, says Hunt adviser

Signs of weakness needed before monetary policy is eased in west, says strategist advising chancellor

UK financial firms ‘may be lending over £174m a week to at-risk gamblers’

Bank data analysis suggests lenders could be unwittingly fuelling gambling problems by extending credit

Account owned by serial killer Rose West kept open by Co-op Bank

It is understood the bank thought closing the account would cause problems for West’s daughter

NatWest chief ousted over Nigel Farage accounts row in line for £2.4m payout

Bank to pay salary, pension and shares to Alison Rose, who resigned at end of July, during 12-month notice period

National Trust resists pressure to ditch Barclays over environmental concerns

Attempt to cut ties with bank, which directly invests in new fossil fuel projects, fails at AGM

UK banks will have to ensure access to cash within three miles, ministers say

Treasury hints at concessions on guarantee but banks will face fines for falling below minimum service level

Bank of Ireland glitch let customers withdraw money they didn’t have

‘Technical issue’ allowed transfers and withdrawals beyond customer limits and made online banking unavailable

UBS to pay $1.43bn in penalties over mortgage fraud prior to 2008 crisis

Banking group settles government lawsuit alleging fraud related to residential mortgage-backed securities in 2006 and 2007

City watchdog to contact MPs and other PEPs to ask if they have been debanked

Inquiry aims to find out extent of denial of banking services to politically exposed persons such as politicians and army leaders

Italy’s Meloni defends windfall tax move against banks

PM says ‘the right things must be done’, having watered down measure in response to fall in lenders’ shares

‘Like horse trading’: Credit Suisse retail investors challenge UBS takeover

Fresh legal claim planned by group of almost 1,000 shareholders to rushed rescue in March

Bank shares rally as Italy waters down windfall tax; UK heads towards five years of lost economic growth – as it happened

Rolling coverage of the latest economic and financial news

Italy waters down windfall tax on banks after market rout

Apparent backtrack to fifth of level of assets analysts had estimated follows fall in shares on Tuesday

UK banks to be given two weeks to explain closing of customer accounts

Regulator to write to more than 20 of largest lenders after Nigel Farage’s accounts were threatened with closure

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  • Crispin Odey loses appeal against lifetime ban from UK financial services industry
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  • What is the Register of British Slave Traders and whom does it identify?
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  • Thames Water redraws mega-reservoir plan amid local opposition
  • ‘Tidal wave’ of Pfas being launched to satisfy AI industry, campaigners warn
  • UK credit scores: should you worry about a big shake-up?
  • Rail passengers get automatic right to switch operators for free when trains are cancelled
  • Monarchs, MPs and merchants: the register laying bare Britain’s slave-trading past
  • Hospitality industry urges Andy Burnham to lay out VAT cut plans
  • 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?
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