Figures undermine Osborne's claims that sale presented a profit for taxpayers

Simon Read: Lloyds finally shows common sense by making a PPI climbdown

Lloyds Banking Group finally came to its senses this week and withdraw from the outrageous attempt by banks to avoid paying back victims of their payment protection insurance rip-off. The long-running PPI saga should have ended months ago but the banks have used all sorts of legal shenanigans and delaying tactics to ensure that millions of people owed money have had to wait.

Victory for bank customers as Lloyds concedes £3.2bn defeat

Lloyds Banking Group, Britain's biggest provider of payment protection insurance, is setting aside £3.2bn to settle hundreds of thousands of cases of mis-selling of the heavily criticised policies. In a victory for financial campaigners, the Government-controlled bank hoisted the white flag in the long-running PPI scandal and announced it was pulling out of a court challenge against a regulatory crackdown and would pay out in cases of mis-selling.

Lloyds may pay out £3 billion over PPI claims

Lloyds Banking Group admitted it was facing a bill of more than £3 billion today after conceding defeat in its legal battle over the mis-selling of controversial payment protection insurance (PPI).

Blacks gets new chief and £35m bank boost

The outdoor retailer Blacks Leisure boosted its recovery today byunveiling much-reduced losses and the appointment of a new chief executive. The Northampton-based group, which has 308 stores, also announced that it had secured banking facilities worth £35m for the next 18 months.

Barclays tops FSA rankings for bank complaints

Barclays Bank has become Britain's most complained about finance brand, grabbing the title from Spanish-owned Santander. According to figures issued yesterday by the Financial Services Authority, there were nearly 10,000 complaints a day about finance institutions in the last six months of 2010, with Barclays attracting 276,315 new complaints.

Sit back and watch your ISA nest egg grow

if you have money to squirrel away, why not set up a tax-free cash ISA? Rob Griffin looks at the best deals on offer on the high street

Shock as Boots chief steps down

Health and beauty chain Alliance Boots has announced the shock resignation of boss Andy Hornby after less than two years in the role.

JJB Sports wins CVA vote to stave off its collapse

JJB Sports, the troubled sportswear retailer, lived to fight another day yesterday after creditors approved an insolvency procedure to safeguard its immediate future by shedding up to 89 stores and slashing its rent bill.

JJB unveils £65m funding to turn around ailing chain

JJB cleared another key hurdle in its battle for survival yesterday by unveiling a £65m fund-raising and a three-year working capital facility of £25m, although both are dependent on creditors voting through a critical insolvency procedure next week.

New Lloyds chief shakes up operations

The new boss of taxpayer-backed Lloyds Banking Group stamped his mark on the bank today by unveiling a shake-up of its insurance and retail divisions.

Simon Read: Evidence that proves we have cause for banking complaints

Some figures to chew on. Almost 100,000 people complained about their bank in the second half of last year. That's the equivalent of 534 complaints a day. However, there are 140 million bank accounts open in the UK with billions of transactions going through every year. In other words, according to the British Banker's Association, the number of complaints is small beer.

JJB seeks backing for rescue plan

JJB Sports submitted a final draft of its restructuring plan to its lender, Bank of Scotland, yesterday.

Everything you need to know about tickets for the 2012 Olympics

Ticket application process

The application phase for Olympic Games tickets opens on Tuesday 15 March 2011 and closes at 11.59pm on Tuesday 26 April 2011.

JJB rescue plan could see 50 stores close

Sports retailer JJB is drawing up proposals to close more than 50 stores as part of a plan to save the company.

Lloyds chief 'set for £2m bonus'

The outgoing chief executive of taxpayer-backed Lloyds Banking Group is poised to receive a bonus of around £2 million, it was reported today.

Bryan had a bracelet given to him by his late father stolen during the raid
Tour de France competitor Bartosz Huzarski’s legs have highlighted the gruelling nature of the race, after he posted a picture on Facebook showing extremely prominent veins stretching from his feet and all the way up his legs
A rub on the tummy sprang Casey back to life
Susan Sarandon described David Bowie as
peopleSusan Sarandon reveals more on her David Bowie romance
Lewis Hamilton walks back to the pit lane with his Mercedes burning in the background
Formula 1
Arts and Entertainment
The new characters were announced yesterday at San Diego Comic Con
comic-con 2014
Arsenal supporters gather for a recent ‘fan party’ in New Jersey
Arts and Entertainment
No Devotion's Geoff Rickly and Stuart Richardson
musicReview: No Devotion, O2 Academy Islington, London
sportDidier Drogba returns to Chelsea on one-year deal
Career Services

Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
Best comedians: How the professionals go about their funny business, from Sarah Millican to Marcus Brigstocke

Best comedians: How the professionals go about their funny business

For all those wanting to know how stand-ups keep standing, here are some of the best moments
Edinburgh Fringe 2014: The comedy highlights, from Bridget Christie to Jack Dee

Edinburgh Fringe 2014

The comedy highlights, from Bridget Christie to Jack Dee
Evan Davis: The BBC’s wolf in sheep’s clothing to take over at Newsnight

The BBC’s wolf in sheep’s clothing

What will Evan Davis be like on Newsnight?
Finding the names for America’s shame: What happens to the immigrants crossing the US-Mexico border without documents who never make it past the Arizona desert?

Finding the names for America’s shame

The immigrants crossing the US-Mexico border without documents who never make it past the Arizona desert
Inside a church for Born Again Christians: Speaking to God in a Manchester multiplex

Inside a church for Born Again Christians

As Britain's Anglican church struggles to establish its modern identity, one branch of Christianity is booming
Rihanna, Kim Kardashian and me: How Olivier Rousteing is revitalising the house of Balmain

Olivier Rousteing is revitalising the house of Balmain

Parisian couturier Pierre Balmain made his name dressing the mid-century jet set. Today, Olivier Rousteing – heir to the house Pierre built – is celebrating their 21st-century equivalents. The result? Nothing short of Balmania
Cancer, cardiac arrest, HIV and homelessness - and he's only 39

Incredible survival story of David Tovey

Tovey went from cooking for the Queen to rifling through bins for his supper. His is a startling story of endurance against the odds – and of a social safety net failing at every turn
Backhanders, bribery and abuses of power have soared in China as economy surges

Bribery and abuses of power soar in China

The bribery is fuelled by the surge in China's economy but the rules of corruption are subtle and unspoken, finds Evan Osnos, as he learns the dark arts from a master
Commonwealth Games 2014: Highland terriers stole the show at the opening ceremony

Highland terriers steal the show at opening ceremony

Gillian Orr explores why a dog loved by film stars and presidents is finally having its day
German art world rocked as artists use renowned fat sculpture to distil schnapps

Brewing the fat from artwork angers widow of sculptor

Part of Joseph Beuys' 1982 sculpture 'Fettecke' used to distil schnapps
BBC's The Secret History of Our Streets reveals a fascinating window into Britain's past

BBC takes viewers back down memory lane

The Secret History of Our Streets, which returns with three films looking at Scottish streets, is the inverse of Benefits Street - delivering warmth instead of cynicism
Joe, film review: Nicolas Cage delivers an astonishing performance in low budget drama

Nicolas Cage shines in low-budget drama Joe

Cage plays an ex-con in David Gordon Green's independent drama, which has been adapted from a novel by Larry Brown
How to make your own gourmet ice lollies, granitas, slushy cocktails and frozen yoghurt

Make your own ice lollies and frozen yoghurt

Think outside the cool box for this summer's tempting frozen treats
Ford Fiesta is UK's most popular car of all-time, with sales topping 4.1 million since 1976

Fiesta is UK's most popular car of all-time

Sales have topped 4.1 million since 1976. To celebrate this milestone, four Independent writers recall their Fiestas with pride