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UK needs 230,000 new rental homes to meet growing demand

With more people renting for longer, UK will face a shortfall in private rented property, analysis shows

Europe’s biggest banks provide £24bn to oil and gas firms despite net zero pledges

Investments to drill new oil wells and tap gas reserves were made within a year of signing up

NatWest: the bailed-out bank that’s become an economic bellwether

The high street lender may soon no longer be majority state-owned: and its fortunes are key to the wider UK economy

UK online shoppers face more identity checks as new anti-fraud rules kick in

Under changes coming in on 14 March, retailers will have to verify customer is who they claim to be

Azerbaijan ‘laundromat’ – court orders family to hand over £5.6m brought into UK

Multimillionaire politician and family to forfeit funds arising ‘from criminal conduct and money laundering’

Deal renewed for banking customers to use Post Office branches

‘Lifeline’ agreement confirmed for millions who rely on branches for services after bank closures

How the UK government lost £4.9bn to Covid loan fraud

The race to fund the lockdown economy ensured speed trumped due diligence, leaving the taxpayer wide open to fraud

The Guardian view on a Tory resignation: a minister goes over government failure

Editorial: There could be £10bn of losses in Covid fraud. Was this seen as an acceptable price to pay to keep bankers safe from harm during the pandemic?

Citigroup plans £100m revamp of Canary Wharf tower

US investment bank to refurbish 42-storey building in London Docklands over next three years

Banknote printer De La Rue warns on profits after Covid costs

Shares fall by almost 30% in early trading as company is hit by staff absences and chip shortages

Hopes shattered as banks fail to pass on interest rate rise

The Bank of England upped the base rate to 0.25% in December, but since then only a handful of savers have felt the benefit

Credit Suisse boss at Euros on same day he allegedly broke rules to attend Wimbledon

António Horta-Osório resigned last week after bank looked into alleged repeated breaches of Covid rules

Bankers at Goldman Sachs reap rewards as profits more than double to $27bn

Pay and bonuses for each employee averaged just over $400k for 2021, up $75k on the year before

António Horta-Osório: banking’s go-to man felled by a breach of Covid rules

He had an impeccable reputation for rescuing struggling banks but a love of tennis was his undoing

Unilever’s bid for GSK consumables isn’t quite the shocker it seems

This could be a long campaign and, despite all the difficulties, there is a logic to the proposal

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  • UK inflation expected to have risen in August as cost of living squeeze tightens – business live
  • Slave-trade wealth was embedded in Britain’s financial system, research finds
  • Revealed: the UK towns with the fewest jobs for young people
  • US treasury secretary hails government’s bond buyback 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 facing further cuts 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

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