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Is the funding for lending scheme working?
As quarterly figures show bank lending for businesses and homeowners fell by £2.4bn at the end of 2012, Vince Cable suggests the funding for lending scheme may need “adapting”.
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Lloyds makes a loss, but bonuses continue
Lloyds Banking Group loses more than half a billion pounds as a result of the mis-selling scandal – and announces that staff will share a bonus pot of £365m.
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Will a bonus cap drive bankers away from the EU?
The EU has proposed a cap on bankers’ bonuses. But there have been warnings that it will drive bankers away from the EU – and push up fixed salaries, as Economic Editor Faisal Islam reports.
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RBS loses £5.2bn, but pays over £600m in bonuses
Royal Bank of Scotland pays more than £600m in bonuses to its staff, despite a “chastening” year in which it made pre-tax losses of £5.2bn.
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Is RBS boss Hester embarrassed by bonus? Video
RBS Chief Executive Stephen Hester tells Channel 4 News Business Correspondent Siobhan Kennedy that rewarding bankers’ success should not be “something to be ashamed of”. Watch the extended interview.
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Pound wavers after post-downgrade plunge
Chancellor George Osborne insists he will not change course despite Moody’s downgrading of Britain’s prized AAA credit rating, which caused the pound to fall to a 31-month low against the dollar.
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AAA credit downgrade: Osborne v Balls
Austerity versus borrowing? Plan A versus plan B? Osborne versus Balls? In light of Moody’s decision to downgrade the UK’s AAA credit rating, who is right about the best way forward for the economy?
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UK’s AAA credit rating downgraded
George Osborne says Britain will not “run away” from its problems after Moody’s downgraded the country’s AAA credit rating, but Shadow Chancellor Ed Balls describes it as “a humiliating blow”.
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When it comes to bonuses, does Barclays really ‘get it’?
Siobhan Kennedy uncovers some numbers in the Barclays accounts which suggest that – on bonuses at least – the bank might not “get it” in the way its chief executive promises after all.
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Has Barclays ‘learned the lessons of the past’?
As Barclays announces a big fall in profits and a revamp of its business, Channel 4 News looks at what went wrong at the bank and asks if the future will be any brighter.
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Barclays ‘has been too aggressive’ says boss
Barclays Chief Executive Antony Jenkins tells Channel 4 News the bank has been too aggressive in the past and vows to take “necessary action” once a Serious Fraud Office investigation reports.
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Barclays to axe 3,700 jobs
Banking giant Barclays is to cut at least 3,700 jobs under a strategic overhaul, but will pay £1.85bn in bonuses to its staff.
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Future BoE boss Mark Carney ‘open to inflation debate’
In a wide ranging debate the incoming Bank of England governor says he is open to changing UK monetary policy, but that he favours flexible inflation targets – and defends his £800,000 pay packet.
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Libor rate-fixing scandal – the key questions
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?
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Stephen Hester: taxpayers paying for RBS Libor fine
Stephen Hester, the chief executive of RBS, says that tens of billions of pounds of damages, including its £390m Libor fine, will be paid for out of profits, and therefore by the taxpayer.