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

Bischoff named chairman of Lloyds Banking Group

Sir Win Bischoff, the former chairman of the US megabank Citigroup, is to become chairman of Lloyds Banking Group when the incumbent, Sir Victor Blank, steps down in September.

Brown urged to act over Lloyds jobs axe

Prime Minister Gordon Brown was today urged to send a message to bank bosses at Lloyds that further jobs cuts would be "totally unacceptable"

Lloysd to close all branches of Cheltenham & Gloucester

Cheltenham & Gloucester is to be the latest historic banking name to disappear from Britain's high streets. Lloyds Banking Group, which bought the former building society in 1994, is to shut all 164 C&G branches in November, it announced yesterday.

Lloyds raises £4bn as repayment to Treasury begins

Shareholders take up 87 per cent of rights issue but Treasury stake is maintained at 43 per cent

Jeremy Warner: Good bank, bad bank

Outlook What could have possessed Lloyds Banking Group to rush out its interim management statement on the same day as first-quarter numbers from Barclays? The contrast between the two could scarcely have been more humbling.

JJB boosted as creditors approve CVA

The troubled sportswear retailer JJB has taken a massive step towards safeguarding its future and 12,000 jobs after the majority of its creditors approved of its company voluntary arrangement.

Punitive rate rises for RBS cardholders

State-owned bank criticised for treatment of credit card customers

Jeremy Warner: Ronson won't call the turn quite yet

Outlook To London's Dorchester Hotel, where Gerald Ronson was yesterday hosting his annual City lunch. The Heron International boss is as seasoned a participant of the European property market as they come, having successfully managed his way through at least three cycles. This must be his fourth.

Government steps in to protect Dunfermline savers

Savers have been reassured that their money is safe as the Government was forced to step in to save Scotland's biggest building society.

The data trails that reveal every detail of our lives

Catch a train, buy groceries, shop online – and a database records the transaction. Should we worry about this? Can we stop it?

Jeremy Warner: Remember the knights who were after HBOS?

Outlook One of the joys of financial crises is that they are great levellers. They make fools of even the most arrogant and pompous of financiers. So take heart from the two Scottish bankers who, puffed up with their own sense of self importance, who thought the Lloyds TSB takeover of HBOS such a bad deal for Scotland that they boldly announced they were drumming up financial support for a counter.

Stephen Glover: The newspapers now berating Lloyds were once its cheerleaders

The economic crisis has shaken the faith of many in capitalism itself. I can’t pretend to be entirely immune from such feelings. But I suppose the bigger shock to one’s system is the realisation that the suave bankers counting their bonuses in the boardroom don’t have any more idea of how to run their businesses than the doorman twenty floors below.

Government set to strip ex-RBS boss of pension

The Government is prepared to change the law to strip former banking chief Sir Fred Goodwin of his £650,000-a-year pension, Commons Leader Harriet Harman hinted today.

Corporate lending fuelled HBOS's heavy losses

HBOS's disastrous 2008 losses were fuelled by one division in particular - its corporate lending arm.

Banks lose test case over charges

Bank charges for unauthorised overdrafts are subject to regulation by the Office of Fair Trading (OFT) under "unfair contract" rules, the Court of Appeal held today.

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Minoan Crete and Santorini
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Turkey-Kurdish conflict: Obama's deal with Ankara is a betrayal of Syrian Kurds and may not even weaken Isis

US betrayal of old ally brings limited reward

Since the accord, the Turks have only waged war on Kurds while no US bomber has used Incirlik airbase, says Patrick Cockburn
VIPs gather for opening of second Suez Canal - but doubts linger over security

'A gift from Egypt to the rest of the world'

VIPs gather for opening of second Suez Canal - but is it really needed?
Jeremy Corbyn dresses abysmally. That's a great thing because it's genuine

Jeremy Corbyn dresses abysmally. That's a great thing because it's genuine

Fashion editor, Alexander Fury, applauds a man who clearly has more important things on his mind
The male menopause and intimations of mortality

Aches, pains and an inkling of mortality

So the male menopause is real, they say, but what would the Victorians, 'old' at 30, think of that, asks DJ Taylor
Man Booker Prize 2015: Anna Smaill - How can I possibly be on the list with these writers I have idolised?

'How can I possibly be on the list with these writers I have idolised?'

Man Booker Prize nominee Anna Smaill on the rise of Kiwi lit
Bettany Hughes interview: The historian on how Socrates would have solved Greece's problems

Bettany Hughes interview

The historian on how Socrates would have solved Greece's problems
Art of the state: Pyongyang propaganda posters to be exhibited in China

Art of the state

Pyongyang propaganda posters to be exhibited in China
Mildreds and Vanilla Black have given vegetarian food a makeover in new cookbooks

Vegetarian food gets a makeover

Long-time vegetarian Holly Williams tries to recreate some of the inventive recipes in Mildreds and Vanilla Black's new cookbooks
The haunting of Shirley Jackson: Was the gothic author's life really as bleak as her fiction?

The haunting of Shirley Jackson

Was the gothic author's life really as bleak as her fiction?
Bill Granger recipes: Heading off on holiday? Try out our chef's seaside-inspired dishes...

Bill Granger's seaside-inspired recipes

These dishes are so easy to make, our chef is almost embarrassed to call them recipes
Ashes 2015: Tourists are limp, leaderless and distinctly UnAustralian

Tourists are limp, leaderless and distinctly UnAustralian

A woefully out-of-form Michael Clarke embodies his team's fragile Ashes campaign, says Michael Calvin
Blairites be warned, this could be the moment Labour turns into Syriza

Andrew Grice: Inside Westminster

Blairites be warned, this could be the moment Labour turns into Syriza
HMS Victory: The mystery of Britain's worst naval disaster is finally solved - 271 years later

The mystery of Britain's worst naval disaster is finally solved - 271 years later

Exclusive: David Keys reveals the research that finally explains why HMS Victory went down with the loss of 1,100 lives
Survivors of the Nagasaki atomic bomb attack: Japan must not abandon its post-war pacifism

'I saw people so injured you couldn't tell if they were dead or alive'

Nagasaki survivors on why Japan must not abandon its post-war pacifism
Jon Stewart: The voice of Democrats who felt Obama had failed to deliver on his 'Yes We Can' slogan, and the voter he tried hardest to keep onside

The voter Obama tried hardest to keep onside

Outgoing The Daily Show host, Jon Stewart, became the voice of Democrats who felt the President had failed to deliver on his ‘Yes We Can’ slogan. Tim Walker charts the ups and downs of their 10-year relationship on screen