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Kalyeena Makortoff

Kalyeena Makortoff is the Guardian's banking correspondent

January 2025

  • President Joe Biden at the White House, Washington, DC.

    Business live
    Biden blocks Nippon Steel’s $15bn bid for US Steel over national security fears – as it happened

    Rolling coverage of the latest economic and financial news as the US president uses his final days in office to block a $15bn bid for US Steel

29 December 2024

  • Anne Boden, Starling's founder, is shown on the left, and the bank's app is shown on a smartphone on the right.

    ‘Shockingly lax’: how soaring British bank Starling had its wings clipped

  • Signage for the Financial Conduct Authority (FCA)

    City regulators to start oversight of tech firms that provide ‘critical’ services to UK

26 December 2024

  • Shoppers on Boxing Day in Reading, Berkshire.

    Boxing Day footfall down on UK high streets despite discounts

  • Property on sale at a shopping mall in Binzhou, China

    World Bank lifts China growth forecasts but calls for deeper reforms

24 December 2024

  • Travelers at Ronald Reagan Airport in Arlington, Virginia, USA.

    Business live
    American Airlines flight grounding cancelled; UK’s FTSE 100 rises 0.4% as ‘Santa rally’ begins – as it happened

    Rolling coverage of the latest economic and financial news, on a shortened Christmas Eve trading session in London
  • Construction work on residential properties

    UK housebuilder Vistry’s shares plunge as it issues third profit warning

    Business, relegated from the FTSE 100 share index this week, blames delays at developments
  • BYD logo

    BYD construction site in Brazil shut over ‘slavery-like’ conditions

    More than 160 Chinese nationals were found living in ‘degrading’ conditions and working excessive hours

23 December 2024

  • Two people drinking in the beer garden outside the Old Forge pub

    State-funded UK scheme to save beloved community sites will close early

    Government to shut £150m community ownership fund despite millions of pounds remaining unallocated

22 December 2024

  • A construction worker outside a shop window that is adverting a sale

    Sharp fall in UK business activity forecast as economic gloom deepens

    CBI survey finds firms planning to reduce hiring amid weakest expectations for growth since November 2022
  • Bar staff pulling a pint of Guinness

    Guinness raids its Irish reserves to ease UK shortages amid gen Z demand

    Diageo also reportedly puts shipments for North America on standby for potential diversion to keep up with thirst
  • Anne Jessopp, CEO of Royal Mint, wears a light pastel blue blazer, photographed by the 886 jewellery line

    Observer business profile
    Jewellery, buttons and a conceptual bra: how the Royal Mint boss found a new source of money

    As the coin minting trade has waned, the venerable institution has moved into new businesses

20 December 2024

  • The City of London skyline and a Christmas tree installation.

    Business live
    FTSE 100 share index records biggest weekly loss in a year, as US shutdown fears hit markets – as it happened

  • The mayor of London, Sadiq Khan

    Taxpayers may need to bail out Sadiq Khan’s London housing fund, say auditors

  • Donald Trump speaking in front of an American flag at Mar-a-Lago this week

    Donald Trump tells EU to buy more US oil and gas or face tariffs

  • Sale signs amid Christmas shoppers in Edinburgh city centre around Princes Street and the Mound.

    Retail sales in Great Britain weaker than expected despite early Black Friday deals

17 December 2024

  • Exterior of a Lloyds bank.

    Lloyds advert banned for making false environmental claims

    Watchdog ruled social media post failed to provide balanced information over bank’s ongoing financing of polluting industries

11 December 2024

  • anonymous woman looking inside red saloon car with open front door in a modern glass showroom; it is parked by a metallic-blue hatchback but no brand-names are visible

    Supreme court grants permission for appeal against UK car finance ruling

  • People line up outside of Macy's flagship store before opening on Black Friday, in New York City.

    Business live
    US inflation rises slightly; Close Brothers granted permission to appeal against motor finance ruling – as it happened

10 December 2024

  • Ford fiesta cars for sale on dealer forecourt

    Car finance scandal could be as big as PPI, City regulator says

    FCA lawyer admits scale of compensation could be larger than first thought, and as big as PPI, which cost banks £50bn
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