Nationwide launches 8% account as battle for UK’s savings intensifies Building society’s regular saver for current account holders is one of a growing number paying 6% interest or more
Oil hits $95 per barrel; CBI postpones annual meeting amid ‘cashflow challenges’ – as it happened Rolling coverage of the latest economic and financial news, as Brent crude hits 10-month high and CBI puts annual meeting on hold amid financial woes
FCA finds no evidence of customers being debanked over political views Watchdog launched inquiry after row over Coutts’s handling of Nigel Farage’s account
‘It’s easier to budget’: people on why they swapped cards for cash Rising costs, scams and the local shop – why more people are returning to paying with notes and coins
Free food and threats to bonuses: UK finance and tech firms fight working from home Banks and insurers join Google, Amazon and Meta in encouraging staff to spend most of week in office
UK taxpayers left footing bill as number of fraudulent Covid loans soars Figures show that lenders flagged nearly £1.7bn of government-backed loans for potential fraud at end of June
Cash payments rise in UK as people seek ways to manage budgets Number of payments using coins and notes rose 7% last year amid cost of living crisis, after a decade of decline
New UK banks’ post-Brexit investment only one third of lost EU funds Exclusive: Thinktank says replacements for European Investment Bank have backed ‘fewer, smaller and lower-risk projects’
‘We’ve learned lessons’: the banker clearing up the £1.1bn fallout from the UK’s Covid loan scheme British Business Bank chief Louis Taylor says he values roles that are ‘beyond the pure profit motive’
Why do I keep failing Metro Bank’s security checks? I moved house a few years ago and have been passed from pillar to post as I try to update my details
Barclays seeks climate director after protests over fossil fuel finance Communications role follows year in which campaigners targeted bank over environmental stance
New NatWest boss worked for oil firm under investigation in ‘world’s biggest financial scandal’ Exclusive: Rick Haythornthwaite was paid £200,000 a year by Saudi company, PetroSaudi, involved in 1MDB scandal
Twitter ‘unfit’ for banking over alleged complicity in Saudi rights abuses Lawyers for family say Saudi government took brother’s data in breach and ‘arrested, tortured, and imprisoned’ him and others
Two years and £45m of taxpayer cash: the steady launch of state bank UKIB Leeds-based bank may finally be in position to support regional development and net zero climate ambitions
New UK mortgage lender Perenna offers 30-year fixed-rate deals Startup bank’s deals range from 6.5% to 7.5%, ‘comparable with two-year fixes at the moment’