HMRC counting the pennies after job cuts
24 May 2012
Stat of the day: £1.1bn - How much tax has been lost because of job cuts at HMRC.
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Free banking 'a dangerous myth' says BoE director
24 May 2012 | by Michael Northcott
Executive director of the Bank of England, Andrew Bailey, says free banking encourages misselling and should be ended.
Nationwide to introduce SME lending
23 May 2012 | by Michael Northcott
In a much-needed boost to small businesses in the UK, the building society has unveiled plans to introduce SME lending by 2013.
UK inflation drops, but more pain ahead
22 May 2012 | by Michael Northcott
The rate of inflation in the UK fell to its lowest level in more than two years last month, according to the Office for National Statistics (ONS).
The final cost of Northern Rock: £2bn
18 May 2012 | by Michael Northcott
The British public could be billions out of pocket once the bank's assets are fully wound down, according to a report by the National Audit Office.
Oops! JPMorgan reveals $2bn mistake
11 May 2012 | by Elizabeth Anderson
US banking giant JPMorgan has made an unexpected $2b trading loss, says boss Jamie Dimon. Try explaining that one away.
HSBC keeps on trimming
08 May 2012
Stat of the day: £741m - How much banking giant HSBC has made in cost savings in the last year.
RBS: recovery in progress but no sale yet, says Hester
04 May 2012 | by Andrew Saunders
RBS, the 82% state-owned bank, has posted a £1.05bn underlying profit and will resume paying preference-share divis. But any sale will have to wait, says boss Stephen Hester.
PPI provision dampens Lloyds' results
01 May 2012 | by Elizabeth Anderson
The part state-owned bank made a profit of £288m in the first quarter, but PPI claims continue to eat away at earnings.
Guy Hands' Terra Firma buys Four Seasons care homes
30 Apr 2012 | by Rebecca Burn-Callander
Private equity boss Guy Hands is back in business with his £825m acquisition of Four Seasons, the UK's largest chain of care homes.
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