Extra capital for UK banks. How not paying tax helps
As Britain’s banks “pad up” their capital ratios, Economics Editor explores if RBS, bailed out by the taxpayer, should be able to use its losses to not pay tax?
266 items found
A money transfer system allowing UK families to send cash back home is under threat after Barclays said it wouldn’t do business with transfer firms. Jamal Osman reports on the problem facing Somalia.
As Britain’s banks “pad up” their capital ratios, Economics Editor explores if RBS, bailed out by the taxpayer, should be able to use its losses to not pay tax?
The City regulator says Britain’s banks still need to raise £27bn to withstand future shocks. Worst off is the taxpayer-backed Royal Bank of Scotland, which is told it has a gap of £13.6bn to plug.
David Cameron says he wants a deal on tax transparency at the G8 summit. But with London widely regarded as “the mother of all tax havens”, is he really serious?
Britain’s largest mutual bank pulls out of a deal to buy 600 Lloyds bank branches, leaving the high street to the big four banks. But does it signal the end of the ethical banking revolution?
Will the Post Office’s plans to launch current accounts bring more competition to high street banking?
While most employees’ wages are failing to keep up with the rising cost of living, those at the top are bucking the trend.
Chancellor George Osborne is left isolated as he attempts to water down EU plans to limit bankers’ bonuses.
A smartphone-based device to make it easier for traders such as ice cream sellers, market stall holders and taxi firms to accept card payments, is unveiled by PayPal, the online payment company.
RBS is the third bank to be fined for attempting to fix the benchmark lending rate for financial institutions. What did these banks do and why does it matter?
Royal Bank of Scotland is fined almost £400m for its role in the Libor rate-fixing scandal, the third bank forced to pay a penalty by regulators in Britain and the US.
Amid the slurry of excessive bonuses and the exploitation of unsuspecting small and medium-sized businesses, the government has had a dramatic change of heart on banking.
Most of the complex interest-rate hedging products, or “swaps”, purchased by small businesses had been mis-sold to them by banks, a Financial Services Authority report concludes.
As the Shard’s viewing platform prepares to open to the public, Sarah Smith looks at Qatar’s growing presence in London’s property market and asks: why is the Shard there?
Bradley Wiggins is knighted in the Queen’s new year’s honours list, leading a host of Olympic and Paralympic athletes who made their names at London 2012.