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Telegraph co-owner faces bankruptcy threat

Alistair Barclay is alleged to be in default on £946,754 of borrowing from Investec

Alistair barclayDavid barclayAmanda barclayZayed al nahyanHoward barclayAidan barclayChester squareKnight frankLloyds banking groupA high courtDeutsche bankHigh courtSir david barclaySir davidSir frederickBanking group

NS&I slashes rate on savings bonds by half in two months

Cut to 2.95pc comes after rates were reduced in November from previous offer of 5.7pc

United kingdomSarah colesHargreaves lansdownJeremy huntAccess bank united kingdomNational savingsGreen financingAutumn statementChancellor jeremy huntPremium bondsBanks and financeSavings accountsFixed rate bondsHm treasury

Banks at risk from 99pc mortgages, warns Santander chief

Mike Regnier expresses concerns as Chancellor mulls scheme for first-time buyers

United kingdomMike regnierJeremy huntSkipton building societyAbbey nationalBanco santanderSantander united kingdomSantander work cafBanco santander saSantander uk group holdings plcBanks and finance

KPMG partners handed highest payout since financial crisis

Average payout increased by 4pc on last year to £786,000

United kingdomJon holtBig fourCity of londonBanks and financeJobs and employment

Lloyds scraps fleet of mobile van branches

Move comes as the bank shifts more deeply into online banking

United kingdomLloyds bankPost officeBanks and financeLloyds banking group

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