Britain's biggest bank provoked outrage last night as it raked in bumper profits of £7billion in the first half of the year - and increased the pay and bonuses it will give staff.
HSBC announced its profits had soared by 121 per cent to more than £38million a day between January and June, as fewer customers defaulted on their loans.
Britain's other major banks, including RBS and Lloyds which are propped up by the taxpayer, are also expected to announce huge profits in coming days ... READ MORE
