Shares in buy-to-let mortgage lenders fall after report Reeves plans rent freeze FTSE 250 firms Paragon and OSB Group, owner of Kent Reliance and Precise Mortgages, slide on London Stock Exchange
HSBC ‘reviewing’ private school perk for bankers in Hong Kong Hundreds of senior staff in territory benefit from nearly £30,000-a-year grant per child not available to staff in group’s other hubs
NatWest faces AGM showdown over ‘climate backtracking’ Shareholders including the Church of England back call for protest votes against bank’s chair
TikTok and Visa launch debit card to speed payouts to UK creators Creator card is designed for people making money through TikTok Live, some of whom complain of payment delays
Revealed: UK oil refinery owner moved Russian loans to offshore subsidiary where sanctions did not apply MPs call for investigation into Essar Energy, owner of Stanlow refinery, which shifted loans from ‘Putin’s piggy bank’ VTB to Mauritius
City firms bank on ‘Savvy Squirrel’ advertising campaign to push Britons towards investing The campaign is part of government initiative to boost financial risk taking, amid fears UK growth is being stymied
Number of billionaires globally could reach 4,000 in next five years There are now 3,110 billionaires but analysis shows ‘deep structural acceleration’ in wealth creation around world
What is Mythos AI and why could it be a threat to global cybersecurity? Anthropic’s decision to restrict access to its powerful new model increases fears about the advanced technology
Takeaway coffee sales plunge as fuel and living costs dent Australian spending. Is the economy next? The trend has been accelerated by the US-Israel war on Iran, leaving households – and cafe owners – glum, surveys suggest
Quarter of a million people could lose job by middle of 2027 as UK ‘flirts with recession’, analysis says Twin reports from top accounting firms underline scale of economic threat as Iran war shatters business confidence
Bank bosses called to meeting with Reeves over impact of Iran war on UK economy HSBC, Barclays, Lloyds, NatWest and Santander will this week discuss with chancellor how to limit effects of conflict
Central bank bosses enlist for war game to gauge threat of Lehman-style bust Finance chiefs to join exercise in Washington designed to assess how they would handle collapse of significant bank
Finance leaders warn over Mythos as UK banks prepare to use powerful Anthropic AI tool Release of new Claude model, so far limited to US firms, will expand to British institutions in coming days
Metro Bank boss handed record £2.6m a year after slashing 1,000 jobs Dan Frumkin’s pay package comes after bank’s near collapse and rescue by Colombian billionaire
Big US banks rake in near $50bn profit as Iran war shakes markets Six lenders, including Bank of America, Morgan Stanley and JP Morgan report jump in first-quarter earnings