Interest Rate Hike Might Boost Banks + Taxes Need To Be Paid

Interest rate hike will boost up the financial results of Britain's bank.It is expected that this increase will allow Lloyds to report improved results this week.

http://www.independent.co.uk/news/business/news/banks-profits-soar-as-interest-rates-rise-2219850.html

Banks will have to pay billions of pounds in the form of tax in upcoming years.As George Osborne said - banks would pay "more tax, less bonuses and lend more this year than they otherwise would have done".

http://www.guardian.co.uk/politics/2011/feb/20/george-osborne-bank-tax-plan