Patrick Tooher

Barclays saw profits jump in the six months to the end of June as its trading arm cashed in on market turmoil.

Barclays chief exec C.S. Venkatakrishnan, pictured, said: 'for every £1 of capital we have we lend £8 to £10' to businesses and households'.

The boss of Barclays yesterday rejected growing calls for a windfall tax on banks.

The Bank of England held interest rates at 3.75 per cent today, despite fears that the recent spike in energy prices could prompt another inflation shock.

Bailey's comments came as the Bank of England's Monetary Policy Committee voted 6-3 to keep to borrowing costs at 3.75%.

David Hynam runs LV=, the life insurance, income protection and pensions business formerly known as Liverpool Victoria that has over 1million members.

Early backers of SpaceX are in line to share a windfall of up to $1trillion when a curb on selling their stakes in Elon Musk's rockets-to-artificial intelligence enterprise is lifted.

HSBC has announced a $1billion share buyback scheme after first-half profits jumped by 23 per cent.

HSBC chief exec Georges Elhedery, pictured, warned the Prime Minister that the economy would be hit if an extra levy was imposed on the sector.

The boss of Britain's biggest quoted company has urged Andy Burnham not to impose a windfall tax on banks.