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Standard Chartered fined £46.5m by Bank of England over reporting failures

Lender ‘failed to be open and cooperative’, says regulator the PRA

Pandemic on Wall Street causes rising levels … of bonuses

Enforced takeovers during the crisis will mean a bumper year for the bankers who advise on billion-dollar deals

HSBC fined £64m for failures in anti-laundering processes

FCA found ‘serious weaknesses’ in systems used to monitor for possible criminal activity in transactions

Erdoğan intervenes after Turkish lira sinks to lowest level against dollar

Turkey’s president to hike minimum wage by 50% with other measures to come in attempt to stabilise currency

Government should use its new powers to block a BT takeover bid

A Patrick Drahi buyout would be an unhelpful distraction for a company in midst of fibre rollout

Javid and Osborne ‘lobbied to reduce mis-selling payouts to small business’

Independent review finds City regulator changed compensation rules after pressure from UK banks

Goldman Sachs starts trading floor apprenticeship scheme to boost diversity

Paid on-the-job learning and study plan at investment bank part of push to attract trainees from less-affluent backgrounds

Zopa exits peer-to-peer lending to focus on banking

Company tells its 60,000 existing P2P investors it will be handing them back their money

RBA governor Philip Lowe signals central bank is open to retail digital currencies

Lowe outlines ways tokens rather than dollars might circulate in Australia but is ‘sceptical’ of cryptocurrencies for general payments

MP calls for Yorkshire Building Society vice-chair to quit over LV= role

Chair of parliamentary mutuals group questions commitment of Alison Hutchinson to the sector

‘HMRC gave me £775,000 by mistake – and it’s turned into a nightmare’

Staff processing a £23 parcels duty rebate paid the life-changing sum into a woman’s bank account

TSB to close quarter of branches in ‘another hammer blow’ to UK high street

Bank is latest to announce slashing of branch network in response to increase in digital banking use

Westpac admits it broke law and agrees to pay $113m in penalties

Asic hit bank with six lawsuits over shoddy treatment of customers – including charging fees to dead people

A banking crisis isn’t just bad for business, it can also poison politics

The failure of Germany’s second biggest bank in 1931 was a factor in the rise of the Nazis

As buyer’s remorse begins to stalk even ardent Brexiters, they can no longer indulge in fantasy

The government has to give up on playing games and start to make deals with the EU

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  • Bank of England expected to leave interest rates on hold on Thursday as inflation hits 3.1%, and rents accelerate – business live
  • Mayors and other local leaders could be given powers to oversee water firms
  • McLaren to build SUVs geared towards Formula One fans with children
  • UK inflation rises to 3.1% as motor fuel prices jump by almost a quarter
  • Barclaycard sent me a bill for someone else’s account
  • Anthropic lands deal in $31bn datacentre in western Queensland, David Crisafulli says
  • 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

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