Finance

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Reckless bankers could have bonuses clawed back under a new Bank of England policy © PA
  • Reckless bankers face bonus losses

    The Bank of England's plans to claw back rule-breaking bankers' bonuses up to seven years after they are awarded are a good idea in principle, the boss of Barclays has said.

Stronger financial results gave Twitter's stock a surge with its second quarter revenue more than doubling © PA
  • Results send Twitter stock soaring

    Stronger-than-expected financial results has pushed Twitter's stock sharply higher after the short messaging service said its revenue more than doubled in the second quarter.

Biotech drug giant Amgen is to shed up to 2,900 jobs worldwide © AP
  • Amgen axes up to 2,900 biotech jobs

    Biologic drug-maker Amgen is to shed 12 to 15% of its worldwide workforce and close four sites, despite reporting stellar second-quarter results that trounced Wall Street expectations.

The CML said that economic growth is continuing to underpin housing market sentiment and demand © PA
  • Mortgage lending 'to top £200bn'

    Mortgage lending is forecast to top £200 billion this year, marking the first time this has happened since 2008, according to banks and building societies.

BP has warned that further sanctions against Russia could harm its business © PA
Argentina's President Cristina Fernandez waves in front of an Argentine flag © Victor R. Caivano - AP
  • Last bid to avert Argentina default

    Argentina's government is to make another effort to reach a deal with US. creditors before a looming deadline that risks sending the country into its second default in 13 years.

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money poll

Do you support the new banking inquiry?

Thanks for being one of the first people to vote. Results will be available soon. Check for results

  1.  
    27 %
    Yes, I think the Big Four are too powerful and resistant to change
    2,519 votes
  2. 73 %
    No, I don’t believe it will result in real change that will benefit the consumer
    6,794 votes

Total Responses: 9,313
Not scientifically valid. Results are updated every minute.