Why do UK banks seem so optimistic despite the cost of living crisis? Analysis: High street lenders have shrugged off their concerns, announcing payouts for investors
HSBC boss hits back at calls for breakup of business from investor Noel Quinn says such a move would come with ‘material costs’ and ‘high risk of failure’
After 2008’s financial crisis, life went back to normal. Will it this time? A few short years after the financial crash, oil, food and flights were affordable again. But this downturn looks much darker
UK government in line for £1bn payout from NatWest Group stake Bank to give dividend to shareholders despite dip in second-quarter profits and economic ‘uncertainty’
With such eye-watering profits, Shell should invest more in low-carbon transition Shell could afford to allocate far greater sums to investment but is choosing not to do so
Taxpayers left with £421m bill after one in 12 firms default on Covid loans About 8% of borrowers – 130,000 firms – have so far failed to repay government-backed emergency loans
Barclays profits almost halved to £1.5bn after US trading blunder Chief executive announces external review into mistake and says appropriate action will be taken
Sorry, but axing VAT or green levies on energy bills isn’t going to cut it Tweaks suggested by Sunak and Truss will create longer-term problems. The need for a third support package is inescapable
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