Hopes of sharp fall in household energy bills as HSBC cuts gas price forecast Bank slashes predicted 2023 European wholesale price by 30% as mild weather reduces demand
Savings: Britons urged to act soon as some interest rates pass 4% Consumers have got used to poor returns on savings accounts, but there are now better deals
UK could face ‘banking crisis worse than 2008’ if City fails to prepare for fossil fuel collapse Report from climate activist groups says City is unprepared for potential collapse in value of fossil fuel assets
Jes Staley had ‘profound friendship’ with Jeffrey Epstein, court documents claim Allegation about ex-Barclays boss is made in US Virgin Islands lawsuit against JP Morgan
Goldman Sachs to start cutting up to 3,200 jobs this week Redundancies expected to be concentrated in investment banking division and consumer arm
TSB and Santander staff bonuses could be hit after City fines Exclusive: Pay committees will factor in regulator’s fines over IT meltdown and money-laundering controls
Names of UK Covid business loan borrowers to stay secret, tribunal rules Ruling says enough scrutiny exists to detect fraud while naming recipients in £47bn scheme puts them at risk
Santander UK drops 2:1 requirement for graduate scheme Bank says changing minimum qualification rules opens scheme to 64,000 more candidates each year
UK firms less likely to borrow than at any time since financial crash Demand for credit is waning among UK’s leading companies, according to accountancy firm Deloitte
From super scooters to smarter meters: six firms to watch in 2023 Times are tough for businesses old and new, but the pace of change in many sectors this year will be relentless
Goldman Sachs boss unveils plan to cut jobs amid global economy fears CEO David Solomon said he will make cuts in January with reports claiming investment bank will axe about 4,000 posts
£1.1bn in fees, 3.1m hours, 14 years: the UK cost of winding up Lehman Brothers PwC, administrator of Lehman’s London arm since bank’s failure in 2008, secures three more years to finish process
China’s move to ease Covid travel restrictions lifts hopes for global economy Analysts says lifting of many rules may soften impact of higher interest rates and unblock supply chains in 2023
TSB fined £48m over ‘serious failings’ in IT meltdown FCA penalises bank after millions of customers were locked out of their accounts for weeks
Six big UK banks to start lending on flats with cladding Barclays, HSBC, Lloyds, Nationwide, NatWest and Santander to offer mortgages on medium and high-rise properties from January