EU resists banks’ plea for major overhaul of capital rules
European Banking Authority sets out ‘targeted’ plan to simplify overlapping requirements for lenders
Economic news
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Who will pay for Canada’s proposed west coast pipeline?
The project aims to send up to 1mn barrels a day to Asia and reduce reliance on the US
SpaceX set to leapfrog Amazon to become world’s fifth-largest company
Elon Musk’s rocket company extends blistering post-IPO rally and announces $60bn acquisition
Reeves ‘hopes’ to fund defence without tax rises
UK chancellor says cabinet has to decide where to cut spending to pay for extra military budget
Rathbones shares sink 18% as it halts investments by high-risk clients
Wealth manager at risk of near-£1bn hit to inflows