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New account pays 9% interest as UK savers offered highest rates for more than a decade

Building societies offer rates over 7% – but deals have strings attached and are limited to existing members

JP Morgan CEO Jamie Dimon claims he had never heard of Epstein before arrest

Testimony counters claims that the bank ignored signs of malfeasance, including Epstein’s large monthly cash withdrawals

Barclays CEO Jes Staley contradicts JP Morgan chief’s claim they never discussed Epstein

Staley says that he communicated with Jamie Dimon about the convicted sex offender, in a lawsuit against the US banking giant

UK and US poised to fall into recession as interest rates dampen growth

Moody’s report shows weak growth across G20 as central banks move to reduce persistent high inflation

Almost 800 UK mortgage deals pulled as concerns mount over interest rate rises

Number of residential deals down by almost 7% in a week, in echo of crisis that followed Liz Truss mini-budget

UK banks shortchanging savers with ‘measly’ rates, says Which?

Some instant access accounts as low as 0.1% despite Bank of England’s 4.5% base interest rate

Social media sites are wild west for shopping fraud, says UK bank

Firms ‘should contribute to refunds’ as two-thirds of online scams now originate in Facebook and Instagram

Starling Bank founder steps down as CEO to avoid potential conflict of interest

Anne Boden is also a major shareholder and hopes move will shield online bank from possible concerns

Major banks shared sensitive bonds information in online chats, CMA finds

Traders at five banks found to have discussed British government bond trading between 2009 and 2013

UK government sells £1.26bn of NatWest shares, taking stake below 40%

State bailed out lender, formerly known as RBS Group, in near-£46bn deal during 2008 financial crisis

Central banks ‘risk losing trust if they cannot tame inflation’

Bank of International Settlements also warns US bank failures and cryptocurrencies could reduce trust

UK ministers ask to meet Revolut amid reports it may be refused licence

Britain’s most valuable fintech firm has criticised regulatory hurdles that it says could drive it abroad

Nationwide to pay £340m of profits directly into customers’ accounts

The first comes as jump in deposits and interest rates drives earnings up 40% to record highs

Deutsche Bank agrees to pay $75m to settle Jeffrey Epstein lawsuit

Group of women accused lender of helping facilitate US financier’s sex trafficking operations

Westpac bans transfers to world’s largest crypto exchange Binance

Bank customers can no longer make payments to the cryptocurrency exchange, in a move to reduce scams

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  • UK companies keep shedding staff as pay growth slows, meaning state pension could rise by 3.9% – business live
  • Jaguar Land Rover in talks to sell Defender to Nato countries
  • UK pay growth slows to 3.9% before crunch interest rates decision
  • Leading UK retailers ‘breaking law’ by not refunding customers for returned goods, Which? finds
  • Bank of England urged to slow or halt bond-selling to slash UK borrowing costs
  • Sky gave my father the hard sell even though he has dementia
  • How enslavement became state-backed operation supported by Conservative and Lib Dem forerunners
  • Digital ID comes of age as pubs and bars get go-ahead for biometric scan tech
  • 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

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