Britain’s taxpayer-bailed-out banks today reassured the City that they will not need to raise fresh capital despite the Bank of England recently saying that the UK banking sector had a £25 billion capital shortfall.

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The Business Matrix: Monday 29 October 2012

Rise in overseas calls for tax help

The News Matrix: Monday 29 October 2012

Wave of violence hits Sao Paulo

Have the banks got any guilty secrets left?

Next month is the fifth anniversary of HSBC releasing a trading statement that on the face of it looked fairly innocuous, but which contained this statement: "Deterioration in US housing markets is affecting consumer finance credit quality more broadly than hitherto and loan impairment charges are expected to remain high in these conditions. There is the probability of further deterioration if the current housing market distress continues and further impacts the broader economy."

We could usefully put eggs in other baskets – but the City is a major part of the economy

The City has become a careless shorthand for the banks and the bad bankers housed within

FSA fines Bank of Scotland over IT troubles

Halifax customers missed compensation – but 23,000 got a total £20m in error

Should you live near work or commute?

Report shows Reading is the most popular station for commuters into London, followed by Guildford, St Albans and Woking

Barclays PPI claims bill hits £2bn

The bill for mis-sold payment protection insurance (PPI) at Barclays soared to £2 billion today as claims against the banking giant continue to pile up.

Hamish McRae: Economics and the Scots' referendum

So Scotland gets its referendum on independence. The general perception is that the debate will now switch to the economics of it all. It is a perception given a certain spice by an opinion poll suggesting that if Scots felt they would be £500 a year a head better off they would vote in favour, and if the same amount worse off they would vote against.

Barclays scraps sales-based bonuses for staff

Scandal-hit Barclays has announced it is scrapping commission-based sales targets for frontline staff and will pay bonuses purely on customer satisfaction.

The main reason for moving house? Downsizing

Age becoming less relevant factor as one in five now downsizing earlier than expected to raise windfall money and help with household bills

What the Sunday papers said

Independent on Sunday: Scardino to step down from Nokia after Pearson exit

Lloyds' banking systems failure hits 22m retail customers

Some 22m retail customers of Britain's biggest banking group faced chaos today when Lloyds' banking systems failed.

Office sale nets £60m for Hammerson

Hammerson took its latest step out of the London office market yesterday as it rang up another £200m sale in the Square Mile.

Top award for academy that helps youngsters

An academy that trains thousands of underprivileged youngsters to work in restaurants and hotels has been crowned winner of an awards scheme that recognises the highest standards of social responsibility and employee engagement.

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Dating website pulls intimate 'hook-up' section to curb harassment
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In the end the fans decided Tony Pulis had made a pig's ear of the job at Stoke City

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Masculinity in crisis?

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