The Guardian view on the banks: too big to fail cannot mean too big to tax | Editorial
Financiers owe their windfalls and bonuses to higher interest rates. Britain should reclaim more for the public and resist City lobbying
Business
Target pensions or welfare, not banks, IMF tells John Healey
Supporters of planned tax, however, say banks were bailed out by taxpayers during financial crisis and can afford to pay more now
John Healey poised to raise taxes on banks in budget
John Healey is poised to tax Britain’s banks in his 28 October budget, to help offset the damage inflicted on the public finances by war in the Middle East, the Guardian understands.
US lawmakers unveil bill to hold Wall Street’s ‘Epstein-connected’ bosses to account
Move comes as Senator Elizabeth Warren condemns Barclays response to questions over ex-boss’s ties to sex offender
‘Like, really, really shocked’: why are so many people riffing on this sheep’s sex appeal?
Nick, this cute green cartoon from New Zealand is all over my social media. Why are people falling for an animated sheep?
Bank of America fined $1.2bn for money laundering failures
Bank of America (BAC.N), has been fined $1.21bn by US regulators for widespread failures to detect potential money laundering and other illicit activity, a penalty the bank said will hurt third-quarter earnings.
Christian Bittar has conviction for rigging interest rates quashed
Former City trader Christian Bittar has become the eighth person to have his conviction for rigging interest rates quashed, just days after five other former bankers also successfully cleared their names.
Tory tax break for banks has cost UK public purse £6bn, says TUC
Tax cuts for big banks have deprived the UK government of £6bn in revenues, according to campaigners, who are calling on the chancellor, John Healey, to increase taxes and force lenders to pay their “fair share” in the …
Top bosses at Goldman Sachs to share bonus pot worth up to $500m
Top bosses at Goldman Sachs are in line to share a bonus pot worth up to $500m (£378m) this year, marking one of the biggest payouts in the Wall Street bank’s history.
Ex-Barclays traders jailed for rigging interest rates have convictions quashed
Five more former traders who were jailed for rigging interest rates have had their convictions quashed by the court of appeal in London, after a long battle to clear their names.
UK regulator FCA to investigate how it handled Epstein whistleblower who took his own life
British banker Simon Andriesz helped to expose alleged ties between late sex offender Jeffrey Epstein and US commerce secretary Howard Lutnick
UK urged to act as Polymarket takes bets on whether HSBC and Lloyds will fail
Revelation comes amid mounting concern over online prediction market’s effects on integrity of financial system
'There’s no such thing as democracy': Yanis Varoufakis | Radical Thinking with Aditya Chakrabortty – podcast
Who is really in charge – the people or the markets? In the first episode of Radical Thinking, a new series from the Guardian, senior economics commentator Aditya Chakrabortty speaks to the former Greek finance minister…
UK banks are Europe’s biggest coal financiers, report finds
Study says UK-based banks provided $8.3bn in coal financing in four years, with Barclays and HSBC leading rise
London’s investment bankers and lawyers make more than £1bn in takeover frenzy
The value of mergers and acquisitions of UK stock market listed companies has surged 175% in 2026 to $132.9bn (£100bn), according to the London Stock Exchange, as overseas buyers snap up British companies at record pace.
British banks warned not to invest in planned Israeli settlement before UK trade ban begins
British banks and financial institutions are receiving written warnings from MPs that they should not invest in Israel’s E1 settlement project even though new UK laws banning trade with illegal settlements are unlikely …
Stop relying on chatbots for customer care, UK service providers urged
Stop relying on AI chatbots for customer care and guarantee the “right to talk to a human”, Citizens Advice has urged essential service providers, as research found they wasted time, caused stress and delayed problem so…
Our understanding of the slave trade is still evolving | Letters
Readers respond to William Pettigrew’s article about the lasting significance of the slave trade to Britain’s politics, economy, institutions and culture
Thousands of Barclays staff revolt over return-to-office mandate
Barclays is facing a growing backlash over return-to-office plans, with thousands of staff calling for payouts to help cover travel costs and an exemption for those living more than 40 minutes from work.
Slave-trade wealth was embedded in Britain’s financial system, research finds
Dozens of Bank of England directors and founding subscribers invested in trafficking of enslaved Africans
Crispin Odey loses appeal against lifetime ban from UK financial services industry
Judges uphold ruling that financier tried to ‘frustrate’ investigations into harassment claims against him
UK credit scores: should you worry about a big shake-up?
Your credit score is the magic number that helps lenders decide whether or not to approve a mortgage, loan or credit card application.
JP Morgan boss Jamie Dimon warns UK chancellor against bank tax hike
Wall Street CEO holds meeting with John Healey amid speculation over windfall tax on banks in October budget
Have a little fun scamming the scammers | Letters
Anyone wishing to get their own back on bank-card scammers using the method described in your article ( ‘I’ve £80k in the account, here’s my pin’: turning the tables on the scammers, 29 August ) might like to add a touc…