Great news: Banks are making billions

The People’s Bank, Llloyds. Photo by Rich B-S Some Rights Reserved

There were impromptu street parties on council house estates across the UK today after a second major bank announced seven-figure profits.

Not since the marriage of Lady Diana and Prince Charles has the nation been so united in joy.

This morning it was so-called ‘People’s Bank’ Lloyds which thrilled the city, Government and ordinary folk alike by reporting a return to profit for the first half of the year.

The bank, which is proudly 41 per cent owned by the tax-payer, announced pre-tax profit for the six months to the end of June of £1.6bn.

The news follows HSBC’s reported £7bn profit for the same period, double the figure for the first half of 2009.

“We can’t believe it. It makes you so proud to be British,” said unemployed mum Sandy Taylor, 17, or Hammersmith, London.

“I’ve just got back from Raoul Moat’s funeral, so it’s been one hell of a week.”

Another reveller, David Anderton, 56, from Manchester said: “I just hope the city bankers can get their lives back on track now.

“They deserve every penny they get. Bring back the big bonuses, I say.”

> Photo by Rich B-S Some Rights Reserved

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