Barclays has posted profits of £3.95bn for the first half of 2010, up 44% on the same period last year.
Governor of the Bank of England Mervyn King has attacked the way some banks are treating loyal business clients as "heart breaking".
George Osborne's emergency Budget has increased the chances of the British economy sinking into a second recession next year, a respected think tank says.
The Consumer Protection and Markets Authority (CPMA) will follow the same strategy as the Labour-built FSA it is set to replace, the Treasury says today.
British taxpayers stand to make a £5bn profit from insuring the toxic assets of RBS and Lloyds, despite not yet having paid a penny.
The Chancellor will have no power to solely remove the head of the independent Office for Budget Responsibility (OBR), George Osborne has pledged.
George Osborne and Vince Cable fear rationing of lending to small firms could reverse the recovery.
The UK's overall GDP growth forecast is at "significant risk" if business investment is not as robust as the Office of Budget Responsibility (OBR) predicts, ministers warn.
The Chancellor will today unveil plans to reform Britain's tax system in a bid to reduce the burden of red tape on businesses and attract more international investment.
The Treasury Select Committee will have the power to veto the appointment of the new chairman of the Office for Budget Responsibility (OBR), Chancellor George Osborne has said.