Tax authorities are investigating Lloyds Banking Group after a report that the bank is encouraging wealthy customers to avoid tax.
Royal Bank of Scotland is mulling a £3 billion share issue to reduce the stake it would have to give to the Government for joining its toxic assets insurance scheme.
Source: Financial Times
Business failures in Britain have fallen to their lowest level since 2007.
The Liberal Democrats have a unveiled a plan to slap a tax on properties worth over £1 million.
British businesses will be forced to stump up hundreds of millions of pounds to meet a funding gap in executive pensions.