Barclays announced its return to dividend payments. Only a year after the bank was forced to stop them at the height of the credit crunch, it said it will pay a first interim dividend of just one penny... more
City banking analysts were thrown into chaos today after Lloyds unexpectedly put out its first-quarter trading statement at the same time as Barclays ... more
Barclays posted a 15% rise in profits driven by its investment banking division Barclays Capital, which for the first time included Lehman Brothers’ New York business... more
Just how brilliant is the car “scrappage” scheme in the Budget? It’s designed to stimulate the car industry but only £1000 of the £2000 paid to the owner of an old banger trading it in against a brand-new model, comes from the taxpayer; the rest is provided by the car industry... more
Barclays directors received no cash bonuses last year, as they promised, but finance director Chris Lucas and Frits Seegers, head of retail and commercial banking, are in line for share awards worth £800,000 and £1.6 million respectively... more
Cricket legend Imran Khan now dedicates his life to politics and is passionate about Pakistan and the war on terror — so isn’t it time people took him seriously?