Funding for Lending, new chair at Lloyds and bankers’ bonuses

Sharlene Goff is joined by Sam Fleming to dissect the latest figures on the Funding for Lending scheme, where cumulative net lending has risen to £3.6bn. Daniel Schäfer has details of Lord Blackwell’s appointment as chairman of Lloyds, plus full year 2012 bank bonus figures, including news that the largest nine investment banks are on track to reduce pay by 5% this year despite a second successive year of profit growth