More than 40% of mortgages withdrawn as market reels after mini-budget Lenders began pulling products on Monday as they struggled to price products amid financial uncertainty
British Business Bank warns of risk of defaults on Covid support loans Economic downturn could increase number of companies unable to repay loans including ‘bounceback loan scheme’
How can Octopus give me a fixed-rate tariff that isn’t fixed? All the literature confirmed the rate would not change, then it did
City sceptical about benefits of scrapping cap on banker bonuses Sources at largest banks say the did not lobby for move nor expect it to result in major changes to pay packets
Mum finds it hard ordering food due to M&S Bank’s fraud checks My mother was getting the hang of online shopping when the site introduced this extra step
Post Office prepares for deposit rush of paper £20 and £50 notes before deadline Friday is last day Bank of England’s old-style notes will be legal tender, having been replaced by polymer versions
Banks among biggest beneficiaries of Kwarteng’s mini-budget From scrapping the cap on bonuses to slashing red tape, the chancellor unveils a raft of policies he says will boost economic growth
Kwarteng throws UK on sacrificial altar of Trussonomics where only bankers win Chancellor maxes out with morally bankrupt budget that is anything but mini
Japan forced to prop up yen after bank keeps to negative interest rates Central banks are putting rates up as currencies slide against dollar but Japan and Turkey buck trend
Liz Truss says any ‘sham referendums’ in Ukraine will not be recognised – UK politics as it happened Prime minister says Putin’s calls for mobilisation ‘are a sure sign his barbaric invasion is failing’
Truss tax cuts will hand big banks and insurers £6.3bn, study says Figures compiled by House of Commons Library measure impact of freezing corporation tax and cutting banking surcharge
Money is running out to pay for our Fairtrade products Santander hasn’t transferred our balance to a new Lloyds account and we need it to pay Traidcraft
Tory MPs fear Liz Truss’s policies will create a ‘complete open goal’ for Labour Bankers’ bonuses, the NHS and tax cuts that favour the rich are all causing jitters on the benches behind the new prime minister
Liz Truss is turbocharging bankers’ bonuses. What a gift for Labour Champagne will be uncorked in Canary Wharf – and along with it, a clear them-and-us narrative, says Larry Elliott, the Guardian’s economics editor
Kwarteng plan to lift cap on bankers’ bonuses infuriates unions Unite leader deplores prospect of post-Brexit deregulation drive ‘when millions are struggling’