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Kalyeena Makortoff
Kalyeena Makortoff is the Guardian's banking correspondent
20 May 2023
Business live
Tesco chair steps down after allegations of inappropriate behaviour; Rishi Sunak and Akshata Murty lost £200m in a year – as it happened
John Allan to stand down after allegations of inappropriate behaviour, while latest Sunday Times rich list shows first fall in the number of billionaires since financial crisis
Published:
1:26 AM
Tesco chair steps down after allegations of inappropriate behaviour; Rishi Sunak and Akshata Murty lost £200m in a year – as it happened
19 May 2023
UK ministers ask to meet Revolut amid reports it may be refused licence
Britain’s most valuable fintech firm has criticised regulatory hurdles that it says could drive it abroad
Published:
11:56 PM
UK ministers ask to meet Revolut amid reports it may be refused licence
Nationwide to pay £340m of profits directly into customers’ accounts
Published:
5:28 PM
Nationwide to pay £340m of profits directly into customers’ accounts
Business live
Bank of England denies QE caused double-digit inflation; mortgage arrears and repossessions jump – as it happened
Published:
1:30 AM
Bank of England denies QE caused double-digit inflation; mortgage arrears and repossessions jump – as it happened
18 May 2023
Royal Mail reports £1bn loss after postal workers’ strikes
Parent company IDS posts loss of £748m as it blames industrial action and failure to increase productivity
Published:
11:16 PM
Royal Mail reports £1bn loss after postal workers’ strikes
Deutsche Bank agrees to pay $75m to settle Jeffrey Epstein lawsuit
Published:
8:15 PM
Deutsche Bank agrees to pay $75m to settle Jeffrey Epstein lawsuit
Business live
Hunt says government to open immigration for key sectors, but only in ‘short term’ – as it happened
Published:
12:07 AM
Hunt says government to open immigration for key sectors, but only in ‘short term’ – as it happened
17 May 2023
Cryptocurrency trading in UK should be regulated as form of gambling, say MPs
Published:
9:01 AM
Cryptocurrency trading in UK should be regulated as form of gambling, say MPs
CBI appoints chief people officer as it aims to ‘rebuild trust’
Published:
12:32 AM
CBI appoints chief people officer as it aims to ‘rebuild trust’
15 May 2023
George Osborne to lead £2.4bn investment management firm
Former chancellor adds to roster of jobs with role as chair of Lingotto, owned by Agnelli family’s Exor
Published:
11:39 PM
George Osborne to lead £2.4bn investment management firm
Currys sales improve as shoppers ‘chase deals’ with credit
Customers seek energy-saving tech, repair services and consumer finance deals to stretch budgets, says CEO
Published:
8:49 PM
Currys sales improve as shoppers ‘chase deals’ with credit
4 May 2023
Climate protesters rework Spice Girls song to disrupt Barclays AGM
Lyrics of Stop changed to ‘stop right now, no more oil and gas’ because of bank’s fossil fuel funding
Published:
12:30 AM
Climate protesters rework Spice Girls song to disrupt Barclays AGM
Business live
Barclays AGM disrupted by Spice Girl-themed climate protests; oil and gas prices slide – as it happened
Protesters demand an end to Barclays funding fossil fuel projects
Published:
12:06 AM
Barclays AGM disrupted by Spice Girl-themed climate protests; oil and gas prices slide – as it happened
3 May 2023
Lloyds profits jump by 46% amid higher interest rate charges
But bank expects margins to drop because of tougher competition for mortgage and savings customers
Published:
6:39 PM
Lloyds profits jump by 46% amid higher interest rate charges
Is the banking crisis coming to an end? As JP Morgan CEO notes, risks linger
Published:
2:36 AM
Is the banking crisis coming to an end? As JP Morgan CEO notes, risks linger
Business live
UK house prices rise after seven months of falls; Uber revenues jump; eurozone inflation rises to 7% – as it happened
Published:
1:04 AM
UK house prices rise after seven months of falls; Uber revenues jump; eurozone inflation rises to 7% – as it happened
2 May 2023
HSBC rules out banking crisis as profits triple after Silicon Valley Bank deal
Failure of four banks in six weeks is purely a sign of poor risk management, says chief executive
Published:
6:26 PM
HSBC rules out banking crisis as profits triple after Silicon Valley Bank deal
April 2023
Observer business agenda
Old ghosts of Staley – and Epstein – haunt Barclays once again
A new lawsuit against its former boss does not involve the bank, but awkward questions may be asked at this week’s AGM
Published:
30 Apr 2023
Old ghosts of Staley – and Epstein – haunt Barclays once again
Business live
EU economy returns to growth despite surprise German stagnation – as it happened
Published:
28 Apr 2023
EU economy returns to growth despite surprise German stagnation – as it happened
NatWest first-quarter profits jump by 50% after interest rate rises
Published:
28 Apr 2023
NatWest first-quarter profits jump by 50% after interest rate rises
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