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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

Elon Musk needs to realise Twitter is a hobby and Tesla is his priority

Whether or not his poll was genuine, Musk would be wise to take a step back from the social media site

My son is suffering after £20,000 compensation cheque was lost

He was injured in an accident and needs the Esure payment for rehabilitation

George Osborne to earn share of £26.5m payout in first year at City advisory firm

Robey Warshaw did not specify how much the former chancellor would collect

Premium bonds: more big prizes – but what are your chances?

An extra £80m will be available next month after a shake-up by NS&I. But the odds of winning are 24,000-1

Goldman Sachs bankers brace for hefty cut to bonuses

Bonus pool could be slashed by up to 40%, in possibly the lender’s largest cut to payouts since the financial crisis

The Bank’s newfound appetite to tackle risk is welcome, if a little late

The financial policy committee has decided to take on ‘shadow banking’ which has been thriving since 2008

Bank of England to stress test hedge funds and private equity lending

Central bank to examine shadow banking sector amid fears it could put UK financial stability at risk

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  • UK found to be ‘dangerously’ reliant on China for critical minerals needed for defence and AI
  • David Jones goes into administration, with store closures expected and thousands of jobs at risk
  • Telstra apologises after customers mystified by phantom missed call notifications
  • UK politics: Burnham says US midterm results have created ‘opportunity’ for world to focus on cost of living and ending Iran war – as it happened
  • US stocks rise, dollar slides as investors digest Democrats’ midterm victories
  • US stock markets and government bonds rally while dollar falls after Democrats secure Congress – as it happened
  • After the US midterms, what will a lame duck Trump mean for the global economy?
  • CVS Health to split pharmacy chain from health insurance
  • ‘It’s just vape shops, nail shops, charity shops’: can anything save the British high street?
  • The RBA says there is ‘excess demand’ in the economy. Households doing it tough might disagree
  • Australia has a bad inflation problem. So why are we middle-of-the pack on the misery index?
  • UK interest rates increase expected after services sector activity accelerates
  • M&S boss bemoans last week’s budget as ‘whole lot of nothing’
  • BMW warns on profits as it counts cost of plan for 8,000 job cuts
  • Liverpool owner FSG holds talks over buying majority stake in Cadillac F1 team
  • Our house purchase is at risk from a frozen Revolut account
  • David Jones expected to fall into administration after failed 11th hour talks with biggest landlord
  • Rogue UK energy bosses and brokers face crackdown on mis-selling
  • Britain’s housing market unlikely to recover until 2028, says Savills
  • Canva layoffs: design giant to cut or relocate more than 1,200 jobs in major restructure
  • US tech stocks recover after selloff spooks investors over AI spending
  • Hackers behind $6.3bn Binance heist ‘used malware and bogus job interviews’
  • The Guardian view on Labour’s growth obsession: a different economics is possible
  • The UK-EU food produce deal: what was agreed and will it affect shoppers?
  • Primark lacks fizz as it approaches its go-it-alone moment
  • Protect Poundland from predatory capitalism, MPs tell government
  • Primark brings forward home deliveries plan by two years as profits slide
  • Brent crude slides 3% after Trump says US will stop military funding to Israel ‘by end of this year’ – as it happened
  • Guaranteed pension income ‘resurrected’ for 17m private sector workers
  • Tell us: are you changing how you celebrate Christmas this year?

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