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Some Bank of England regulators wanted lenders to be forced to raise even more fresh capital than the £25 billion they were told to produce last week, minutes from the latest meeting of the financial policy committee indicate.

Investment: Lenders find a silver lining in the gloom

CATTLES, the personal loans provider, could be one of few companies to benefit if Martin Taylor, the chief executive of Barclays, is right about a global credit crunch. In a recession, high street banks usually tighten their personal lending criteria, and other providers of consumer credit can then meet the frustrated demand.

Barclays boss to woo rivals

MARTIN TAYLOR, chief executive of Barclays, is preparing to step up pressure on rivals and regulators for further wide-scale consolidation in the UK banking sector.

Barclays shares slip 3% as results disappoint the City

A LACKLUSTRE set of first-half results from Barclays Bank caused its shares to slip by 3 per cent yesterday.

Outlook: An implausible merger driven by executive ego

ON the Travelers-Citicorp deal and the problems facing the coal industry

Barclays owns up on BZW pay

Head of former investment banking subsidiary did receive pounds 5m for 13 months' work

Shake-up of NICs could drive engineers abroad

ENGINEERING companies are seriously considering leaving the country because of the Government's shake-up of National Insurance, announced in the Budget on Tuesday.

Brown to tell Britain: it's good to work

The Budget aims to help the low-paid, writes Paul Routledge

MPs warn of purse-to-wallet pitfall in new tax credit

MPS WARNED the Government that it must ensure plans to replace Family Credit with a new tax credit in next week's Budget do not switch cash from women to men in low-income households.

Barclays shares slide as merger plans stay vague

Shares in Barclays, the banking group, sank 6 per cent yesterday as the City expressed its disappointment at a lacklustre set of full-year results and the absence of positive news on merger plans.

Politics: New family tax credit can go in mothers' purses

The Government will launch a national advertising campaign to boost the take-up of its planned working families tax credit when it replaces family credit next year.

Investment column: Barclays spells out the damage

Normally when a chief executive tells the market that, because of a strategic error, profits are going to be pounds 688m lower then normal, all hell breaks loose. Unless, of course, you are Barclays. Then the City pats you on the back and your shares rise by 41p to 1886p.

Outlook: Swiss merger is no blueprint for Britain

Martin Taylor, chief executive of Barclays, is not quite a Eurosceptic, but he is a leading business opponent of the single currency, which he thinks could prove economically disastrous for Europe. That doesn't seem to have stopped him and his allies marshalling the arguments of monetary union in favour of allowing Barclays to takeover National Westminster Bank. He'll be at it afresh now that Union Bank of Switzerland has agreed merger terms with Swiss Bank Corporation to create what on most measures is the world's second-largest bank. If the Swiss are allowed to do it, why not us, he'll be asking government ministers.

Jazz: The art of trio control

The Betty Carter system of man-management is simple but effective. Firstly, you choose employees (in Betty's case, the musicians for her trio) who are above all young and malleable. Secondly, you intimidate them to within an inch of their lives. Thirdly, you offer the occasional sexual come-on - delivered in the full public glare of on-stage performance - to act as both a carrot and a stick. As a method of team-building, it might not work for accountancy, but it sure as hell does the trick in jazz. Faced with the terrifying presence of their employer, Carter's trios - which seem to be getting younger as she gets older - begin to develop almost paranormal powers of inter-group communication. True, they may not look very happy, but they sound magnificent. Not, of course, that they have much say in how they sound at all.

Outlook: Is the CBI the voice of business?

Is the CBI the voice of business?

WH Smith backs down and agrees to meet Waterstone

The embattled retailer WH Smith has agreed to sit down with Tim Waterstone early this week to discuss his revised proposals for its restructuring, probably tomorrow. Tom Stevenson reports on the change of heart at Smiths.
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Wilko Johnson, now the bad news: musician splits with manager after police investigate assault claims

Wilko Johnson, now the bad news

Former Dr Feelgood splits with manager after police investigate assault claims
Mark Udall: The Democrat Senator with a fight on his hands ahead of the US midterm elections

Mark Udall: The Democrat Senator with a fight on his hands

The Senator for Colorado is for gay rights, for abortion rights – and in the Republicans’ sights as they threaten to take control of the Senate next month
New discoveries show more contact between far-flung prehistoric humans than had been thought

New discoveries show more contact between far-flung prehistoric humans than had been thought

Evidence found of contact between Easter Islanders and South America
Cerys Matthews reveals how her uncle taped 150 interviews for a biography of Dylan Thomas

Cerys Matthews on Dylan Thomas

The singer reveals how her uncle taped 150 interviews for a biography of the famous Welsh poet
DIY is not fun and we've finally realised this as a nation

Homebase closures: 'DIY is not fun'

Homebase has announced the closure of one in four of its stores. Nick Harding, who never did know his awl from his elbow, is glad to see the back of DIY
The Battle of the Five Armies: Air New Zealand releases new Hobbit-inspired in-flight video

Air New Zealand's wizard in-flight video

The airline has released a new Hobbit-inspired clip dubbed "The most epic safety video ever made"
Pumpkin spice is the flavour of the month - but can you stomach the sweetness?

Pumpkin spice is the flavour of the month

The combination of cinnamon, clove, nutmeg (and no actual pumpkin), now flavours everything from lattes to cream cheese in the US
11 best sonic skincare brushes

11 best sonic skincare brushes

Forget the flannel - take skincare to the next level by using your favourite cleanser with a sonic facial brush
Paul Scholes column: I'm not worried about Manchester United's defence - Chelsea test can be the making of Phil Jones and Marcos Rojo

Paul Scholes column

I'm not worried about Manchester United's defence - Chelsea test can be the making of Jones and Rojo
Frank Warren: Boxing has its problems but in all my time I've never seen a crooked fight

Frank Warren: Boxing has its problems but in all my time I've never seen a crooked fight

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Jamie Roberts exclusive interview: 'I'm a man of my word – I'll stay in Paris'

Jamie Roberts: 'I'm a man of my word – I'll stay in Paris'

Wales centre says he’s not coming home but is looking to establish himself at Racing Métro
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A crime that reveals London's dark heart

How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?
Meet 'Porridge' and 'Vampire': Chinese state TV is offering advice for citizens picking a Western moniker

Lost in translation: Western monikers

Chinese state TV is offering advice for citizens picking a Western moniker. Simon Usborne, who met a 'Porridge' and a 'Vampire' while in China, can see the problem
Handy hacks that make life easier: New book reveals how to rid your inbox of spam, protect your passwords and amplify your iPhone

Handy hacks that make life easier

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KidZania lets children try their hands at being a firefighter, doctor or factory worker for the day

KidZania: It's a small world

The new 'educational entertainment experience' in London's Shepherd's Bush will allow children to try out the jobs that are usually undertaken by adults, including firefighter, doctor or factory worker