Big Banks Announce Annual Profits

This week saw the release of the 2006 trading accounts from some of the UK's biggest banks.

Barclay's bank reported a staggering increase in profits of some 35%, helping them to earn a whopping £7.14 Billion profit.

Lloyds TSB too saw a growth in their profit margin, helping them to make a cool £4.25 Billion profit for 2006.

These announcements come in the midst of one very public Money Saver, Martin Lewis (www.MoneySavingExpert.com), claiming that the charges the big banks banks place on UK businesses and individuals alike are way too high and that we, as a nation, should rise up against the banks to demand lower, fairer administration charges.

With more of the UK's banks set to release their profit figures in the next week and with the combined annual profits of all UK banks expected to be in the region £40 BILLION, Martin may just have a point!

Want to Re-publish this Article?

This article is copyright 118businessdirectory.net. Re-publishing of this article in part or in full is permitted as long as this footer text including links back to this directory is also present on the page

Submit your business to the 118 directory. We are currently accepting free submissions for either a basic listing with nothing required in return or an advanced listing that enables deeplinks to pages within your site in exchange for one reciprocal link. Read the Directory Guidelines before you submit your details.

Find the business you want by browsing our detailed A to Z list of businesses.

• A
• B
• C
• D
• E
• F
• G
• H
• I
• J
• K
• L
• M
• N
• O
• P
• Q
• R
• S
• T
• U
• V
• W
• X
• Y
• Z