Tom Saunders

Rachel Reeves has scrapped banking rules meant to make the City safer in the wake of the financial crisis as she scrambles to boost growth

Standard Chartered is planning to cut thousands of jobs as artificial intelligence agents increasingly replace back-office staff in the finance sector.

Billionaire Brexit backers have pledged to fight any attempts by Labour to force Britain to rejoin the EU

Nationwide has said “the tide is turning” against branch closures as the building society committed to keeping all of its 605 locations open until at least 2030.

The boss of Standard Chartered has apologised for saying artificial intelligence would replace “lower value” humans.

The largest bank in the UAE invested in a British shadow bank just days before it collapsed.

Wed 27 May 2026 at 10:24pm A series of low-pressure systems are drenching Australia this week, quickly turning this May into one of the wettest on record for parts of the country's east.

Fri 29 May 2026 at 11:19pm Australia's east is coming to the end of an abnormally warm May which has seen mean temperatures up to 3 degrees Celsius above the long-term average.

BP is now on its third chairman and fifth chief executive since 2020 - Peter Byrne/PA BP is facing a shareholder backlash over the board's “damaging” decision to oust the oil giant's chairman.

A Wall Street shadow bank has cut the value of some of its stake in the former owner of Crystal Palace by 80pc as a bitter dispute continues over the company's collapse.