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Lloyds Banking Group to hire 300 tech experts to work on AI

Exclusive: While recruits will increase headcount for now, broader adoption of AI could lead to job cuts in future

Investment fraud in UK soared to more than £220m lost last year, trade body says

Scams involving gold, cryptocurrencies and wine rise as criminals use AI to increasingly carry out larger-scale fraud

Barclays to buy GoHenry kids’ debit card and money app

High street bank to buy UK business from US fintech company Acorns as it targets young people

World’s largest banks pledged $906bn to fossil fuel companies in ‘unfathomable’ increase in 2025, report finds

JPMorgan Chase leads 65 banks making decisions incompatible with restraining rising temperatures, researchers say

Personal loans booming as cost of living drives Australians to borrow record amounts

National debt helpline calls have increased alongside growth in new personal loans, which charged an average 9% interest in March

‘I’m down to one option’: bank customers left frustrated by latest closures

Apps intended to replace branches have been hit by outages, as a poll finds most Britons want high street services

Lloyds customers unable to make payments due to IT glitch

Bank apologises after IT update caused problems with Lloyds, Halifax and Bank of Scotland apps

Tony Blair is strong on diagnosis, deluded on prescription: Britain’s ills can’t be fixed by him

The former PM’s essay rightly calls for a coherent economic plan, but then sets too much store by AI – and a worldview stuck in the past, says Guardian columnist Larry Elliott

NS&I failures pile on the agony for bereaved families chasing missing premium bonds

Errors and delays in tracing accounts at the trusted savings institution have compounded the stress of relatives losing loved ones

Metro Bank investors urged to reject executive pay report

Bonus scheme that could hand CEO a £60m windfall is ‘significantly out of line’ with market, says proxy adviser

Nationwide pressed to address ‘emerging governance issues’ as AGM looms

Labour MP writes to chair amid concerns building societies are overusing quick votes and failing to add members to boards

‘Everyone is proud of it’: dismay in Halifax at Lloyds’ threat to historic brand

The bank, formerly a building society, has carried the name of the Yorkshire town since 1853 and most locals think it should be preserved

Standard Chartered boss apologises for ‘lower-value human capital’ comments amid job cuts

Bill Winters faced backlash over remarks about some of near 8,000 staff set to lose roles to AI

NS&I to contact bereaved families owed £367m after missing savings scandal

The bank’s interim chief executive says ‘this issue should never have happened’, but warns it may take time to process claims

Standard Chartered to cut more than 7,000 jobs as it steps up AI use

London-headquartered bank will reduce back-office jobs and aims to move some workers to new roles

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  • Meta plans $95bn stock offering to help cover AI expansion
  • The chaos in France is a ‘warning signal’ for Australia’s public spending and rising costs
  • Microsoft to reportedly offer buyouts to 60,000 employees in latest cuts
  • What the claw arcade game tells us about the cost of living crisis
  • Anthropic files for potentially record-breaking stock market valuation in key test for AI industry
  • Anthropic files for stock market IPO; Meta announces $95bn fundraising drive to pay for AI expansion – as it happened
  • Visa and Mastercard threatened with potential £5bn UK lawsuit over fees
  • Audi boss under fire in Germany for Trump rally appearance
  • Healey is expected to shield low-income pensioners from income tax – but how will it work?
  • UK looking to give carmakers incentives to turn EVs into ‘power plants on wheels’
  • Anthropic’s Claude AI model accessed Georgia voter data in US
  • ‘We don’t have inflation’? Five charts show the US economic reality of Trump’s second term so far
  • European gas prices soar to four-year high over winter supply fears
  • Drive reindustrialisation from No 10 North or risk failure, MPs tell Burnham
  • Brexit deal is not good enough for British public, says Andy Burnham
  • How will pedestrianisation of UK’s most famous shopping street work in practice?
  • Almost a quarter of European airline pilots fly when too fatigued to work
  • Higher training costs for older workers risks plan to tackle youth jobs crisis, employers say
  • Cabinet split emerges over controversial Rosebank oilfield decision
  • Has Healey’s military-style budget secrecy really played out so differently to past budgets?
  • Volkswagen to build $4bn Audi SUV factory in US despite job cuts at home
  • Cutting ‘red tape’ is nothing but a red herring – and arguably counterproductive
  • Interest rates unlikely to reach 4.75% by next summer, say City economists
  • Retail leads the way on paternity leave as government urged to improve offer
  • Bust companies revived in ‘phoenix’ deals more likely to fail again, study finds
  • The boss whose twice-bust business appears to be back despite £3m debts
  • ‘You can’t bring in robots’: the leather firm handmaking everything from wallets to cigar cases
  • Nationwide to slash 275 jobs in latest round of cuts since takeover of Virgin Money
  • Healey’s first budget to include big devolution package to boost growth
  • Sam Fender tells fans high ticket prices for Proper Massive tour are ‘getting changed’

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