Friday newspaper round-up: JPMorgan Chase, Apple, Nigel Farage
By Michele Maatouk
Date: Friday 23 Jan 2026
(Sharecast News) - Donald Trump has sued JPMorgan Chase and its CEO, Jamie Dimon, for at least $5bn after accusing America's largest bank of "debanking" him. The US president alleged that the bank stopped offering him banking services in the wake of the Capitol riot on January 6. Earlier this month, he claimed it had "incorrectly and inappropriately" discriminated against him. - Guardian
The financial campaigner James Daley has launched a £1.5bn class action lawsuit against Apple over its mobile phone wallet, claiming the US tech company blocked competition and charged hidden fees that ultimately harmed 50 million UK consumers. The lawsuit takes aim at Apple Pay, which they say has been the only contactless payment service available for iPhone users in Britain over the past decade. - Guardian
A £400m legal claim brought against the widow of Mike Lynch has been branded "disgraceful". Sir David Davis, the Conservative MP for for Goole and Pocklington, said a lawsuit filed by The Italian Sea Group (TISG), which built the doomed Bayesian superyacht, will "heap more pain on a woman who has already lost a husband and greatly beloved child". - Telegraph
Overworked staff were to blame for a timetabling blunder that left empty "ghost trains" running from Manchester to London, the head of Britain's rail regulator said. John Larkinson, the chief executive of the Office of Rail and Road (ORR), told MPs that the department was too "stretched" by its workload to consider every application to run trains. - Telegraph
The Serious Fraud Office has charged two people in its investigation into suspected fraud at Safe Hands Plans, the pre-paid funerals company whose collapse left 46,000 customers with a combined £75 million shortfall. The SFO, which announced a criminal investigation in October 2023 into Safe Hands and SHP Capital Holdings, its parent company, said Richard Wells, 39, who is living in Spain, and Neil Debenham, 43, of Norwich, have both been charged with conspiracy to defraud. - The Times
Nigel Farage has reiterated a plan to scrap the interest payments the Bank of England pays to commercial banks on reserves built up during quantitative easing. The plan was included in Reform UK's 2024 manifesto. Quizzed on whether the party still planned the change, which has been described by banks as a tax, he said: "We are going to do it." - The Times
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