Lloyds lays bare impact of soaring inflation on everyday customers Families spending on average £89 more a month on energy, food and fuel than before pandemic, says bank
Credit Suisse chief executive resigns after turbulent two years Thomas Gottstein steps down in latest high-level departure and will be replaced by Ulrich Körner
Bosses at City firms could face fines for failing to prioritise consumers FCA’s new rules are expected to help reduce call wait times, end rip-off charges and make it easier to change investments
I can’t get my relative the vital NatWest account she needs She has learning disabilities and her regular bank, where she gets help from staff, is closing this month
Digital bank Starling reports first profit on back of strong loan book ‘Landmark’ for eight-year-old British enterprise as it turns £14m loss into £32m annual profit helped by Covid loans
Oil climbs after Biden fails to secure Saudi output hike – as it happened Brent crude prices pushed past $100 per barrel after US president Joe Biden failed to secure output hike agreements with the world’s top oil exporter
Celsius Network: crypto firm reveals $1.2bn deficit in bankruptcy filing Company says it was faced with ‘run on the bank’ amid ‘cryptopocalypse’ as investors raced to withdraw assets
JP Morgan Chase sets aside funds to cover feared loan losses Largest US bank saw net income fall 28% from April to June and is concerned about economy and geopolitical tensions
UK house prices rise at the fastest rate for 18 years Imbalance between supply and demand continues to drive up prices despite cost of living crisis
Demand for debt services by Lloyds customers jumps 30% Three-quarters of bank’s 26m UK customers fear rising prices with 80% holding less than £500 in savings
Gary Stevenson, City trader turned campaigner: ‘I made money betting on a disaster’ The inequality activist grew up in poverty, became a millionaire at Citi, then rebelled against a career that ‘wasn’t right’
‘Back in earnest’: Canary Wharf’s post-Covid comeback almost in full swing A ghost town during lockdowns, the London financial centre has seen a return of people visiting for work and play
Banks and UK supermarkets accused of backing deforestation in Brazil By funding and stocking products from Brazilian meat giant JBS, firms have also supported land-grabbing, investigation claims
Barclays to buy Kensington Mortgages as interest rates rise Acquisition comes at a time of intense competition in the mortgage market
Sunak urges banks to keep funding oil and gas firms after windfall tax Sector says £5bn energy profits levy will make investment in new projects and renewables more difficult