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Banks are leaving the Caribbean. It’s unfair and will backfire on the west

Financial ‘de-risking’ is making life difficult in vulnerable regions and will lead to more corruption and tax evasion, says Caribbean analyst Kenneth Mohammed

FTSE 100 firms hand billions in dividend payouts to Qatar investors

Critics say everyday UK consumer spending has funnelled billions to controversial World Cup host since 2010

US court drops Libor rate-rigging charges against ex-UBS trader

Judge dismisses case against British former trader Tom Hayes, who was jailed over interest rate scandal

Dying hospice patient had NatWest account frozen after £250 fraud claim

Case highlights how bank customers can lose access to funds over claims as minor as £40 without chance to contest complaint

NatWest reports £1.1bn profit as it predicts 7% fall in UK house prices

Bank says there has been a slowdown in customers trying to get new mortgages in recent weeks

Credit Suisse to cut 9,000 jobs and seek billions in new investment

Shake-up aims to draw line under series of scandals and new £3.5bn loss at Swiss bank

Lloyds bank predicts 8% fall in house prices as its profits tumble

Larger-than-expected drop in profits to £1.5bn in third quarter comes despite rising interest rates

With Rishi Sunak, the City’s takeover of British politics is complete

For all the talk about the thinktanks of Tufton Street, it’s the Square Mile that truly rules Westminster, says Aeron Davis, professor of political communication at Victoria University

Barclays profits soar past forecasts to reach £2bn on back of rising interest rates

Results will further fuel calls for the government to tax banks’ excess earnings

Calls for UK banks windfall tax as HSBC reports profits of $700m more than predicted

Bank records quarterly profits above $3.2bn estimated as interest rates rise on back of higher borrowing costs

Sterling rises to highest level since before Liz Truss’s mini-budget – as it happened

Live, rolling coverage of business, economics and financial markets as business group warns on austerity ‘doom loop’ and investors buy UK bonds

Mark Carney denies big banks threatened to quit climate finance group

Former BoE governor admits his net zero alliance weakened veto on coal investment because of ‘antitrust concerns’

UK banks pull half of first-time buyer friendly mortgages after mini-budget

Data indicates there are only 137 such products now available compared with 353 in December last year

Banks may see higher tax as a price worth paying for economic stability

Third-quarter profits will be subdued, but many lenders will accept a tax raid to boost the public finances (and their own image)

Barclays could be fined £50m for failing to disclose 2008 Qatari deal

Provisional fine relates to £322m bank paid to Gulf state allegedly in exchange for £4bn investment to save lender from bailout

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  • US treasury secretary hails government’s buy back of bonds a success
  • Carney says Canada will pursue ‘unique security and economic alliance’ with EU amid US trade spat
  • John Healey in talks with Canada about UK joining new global defence bank
  • The Guardian view on the Bank of England’s £120bn bill: power without accountability
  • Leading UK retailers ‘breaking law’ by not refunding customers for returned goods, Which? finds
  • UK retirees with no other income will not pay tax on new £13,000 state pension, No 10 says
  • Pensioners are ‘big winners’ with triple-lock set to rise by 3.9%, lifting state pension to £13,000 – as it happened
  • Jaguar Land Rover in talks to sell Defender to Nato countries
  • More than 1,000 women invested in companies at heart of Britain’s slave trade
  • Channel 4 poaches Paramount’s £300m-plus TV ad sales business from Sky
  • Parents seek out school uniform deals, cutting average spend to £54.53
  • Make NHS and military uniforms in UK, fashion firms urge Burnham
  • Scrap windfall tax on oil and gas firms early, North Sea industry urges
  • 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
  • She’s Donald Trump’s least-favorite Fox News host. But Jessica Tarlov remains undeterred
  • 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

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