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UK bonuses rise 5% to above £40bn

Pot Of Gold

Bonuses paid out across the economy rose nearly 5% from last year to more than £40bn, which means they now make up the biggest proportion of workers' pay packages since before the economic downturn.

New Barclays might finally be taking shape

Barclays Canary Wharf

Barclays is on track or ahead of schedule on all six elements of its turnaround plan, said its chief executive, Antony Jenkins, on Wednesday. Since this plan is only two months old, and in any case represents plan B, this is not quite the triumph it might sound.

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