HM Treasury

British taxpayers stand to make a £5bn profit from insuring the toxic assets of RBS and Lloyds, despite not yet having paid a penny.

The UK Government has set out its plans for a proposed bank levy which it hopes will raise £2.5bn annually.

The UK is still in danger of losing its prized AAA rating despite the fiscal tightening measures unveiled by the new coalition Government last month, Standard & Poor's says.

Former shareholders of Bradford & Bingley should not get any compensation after the troubled lender was divided and sold, an independent valuer says.

The Government could look to offload part of its RBS stake as early as next year as the bank moves to complete an overhaul of its business, chief executive Stephen Hester says.

Here are all the key facts from today's Budget you need to know...

Lloyds shareholders have made a £14bn claim against the Treasury and bosses at the banking giant over its controversial takeover of HBOS in 2008.

Britain had its AAA credit rating affirmed by Standard & Poor's yesterday, but the ratings agency retained its negative outlook over continued deficit concerns.

The Deutsche Bank executive arrested on Tuesday over alleged insider dealing advised the Government on financial stability at the height of the financial crisis.

The Treasury could still hit its budget deficit target for the year despite worse-than-expected January public borrowing figures, PricewaterhouseCoopers (PwC) says.