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Italy approves 40% windfall tax on banks for 2023 as profits soar

Proceeds from levy on interest rate income will be used to help mortgage holders and cut taxes

‘Bit of a conundrum’: contradictory economic signs make RBA rate prophecies difficult

Surveys point to two-track economy with low consumer confidence but business in a relatively strong position to weather any slowdown

Australia’s big banks squeeze new homeowners to maintain profits amid bad debt fears

In an unusual turn of events, banks are raising mortgage rates for new customers to help cover expected losses from mortgage defaults

HSBC executive apologises for calling UK weak over China

Sherard Cowper-Coles claimed British government was bowing to US demands in dealing with Beijing

Raghuram Rajan: the banker who warned of meltdown in 2005

The former governor of India’s central bank now steers a tricky course between supporting free markets and campaigning against unfettered risk-taking

Many of world’s largest hedge funds face UK stress test

Participants also including banks and pension funds will have to reveal how activities could harm financial system

‘Up all night worrying’: 92-year-old debanked by NatWest after move to Jamaica

Last year’s decision left Philip Cato, who moved ‘home’ in 1990s after 30 years working in the UK, cut off from his state pension

‘It’s a white-knuckle ride’: UK bank customer reveals how switching accounts is far from simple

Attempts to move current account from Intelligent Finance led to hours of admin

Jeremy Hunt requests inquiry into ‘debanking’ of politicians

Chancellor wants Financial Conduct Authority to investigate whether practice is ‘widespread’

HSBC more than doubles profits as interest rates soar

Bank says it earned £17bn in first half and will hand more money back to shareholders

Nigel Farage says new Coutts boss has offered to keep his accounts open

Former Ukip leader is still taking legal action against bank demanding compensation and apology

Banks with lowest savings rates to face ‘robust action’, warns UK financial watchdog

FCA gives banks four weeks to justify savings rates as it lays out 14-point plan to monitor treatment of customers

My debit card and pin were stolen but Barclays is treating me as the criminal

It had sent me new ones but before they arrived £1,000 disappeared from my account

UK banks are closing more than 1,000 accounts every day

Nigel Farage calls for royal commission as data shows big jump in customers being ‘debanked’

Nigel Farage launching new website to help people denied accounts by banks

The ex-Ukip leader has been hailed as a consumer champion after vowing to create a guide on how to flood banks with data requests

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  • Digital ID comes of age as pubs and bars get go-ahead for biometric scan tech
  • Bank of England urged to slow or halt bond-selling to slash UK borrowing costs
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  • Panama canal traffic to be cut again as drought from El Niño worsens
  • Panama canal traffic to be cut again as drought from El Niño worsens
  • AI-linked stocks slide after tech bosses call for slowdown in ‘reckless’ development
  • Europe must build own AI or risk getting cut off by US or China, says ECB’s Lagarde
  • As Reform celebrates £72m in donations, tell me this: are you ready to see two rich men buy our democracy?
  • Michael Holiday obituary
  • US borrowing costs hit 5% for first time since 2023 amid bond sell-off
  • UK government moves to acquire Speciality Steel UK; AI stocks hit by calls for slowdown – as it happened
  • Government moves to nationalise Speciality Steel UK to protect 1,300 jobs
  • Crispin Odey loses appeal against lifetime ban from UK financial services industry
  • Africa’s richest man aiming to make $23bn from continent’s biggest-ever IPO
  • What is the Register of British Slave Traders and whom does it identify?
  • Whyalla steelworks cuts more than 500 jobs as major operations shut down
  • 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
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