Barclays Canary Wharf

The elephant in Barclays' dealing room

Tales of Barclays bankers playing fast and loose, circa 2011, lack shock value these days. After Libor rigging, forex rigging, and four other serious disciplinary breaches by the bank since 2009, we’re numb.

George Osborne In Thought

Weakening UK trade puts the brakes on GDP growth

The UK economy has slowed after poor overseas trade figures put a record drag on growth, leaving household spending to drive the recovery and casting further doubt on George Osborne’s hopes that strong tax receipts will help him hit ambitious budget targets.