Banking giant HSBC today revealed its profits jumped 90% to $5.2 billion (£4.3 billion) in the final three months of 2022.
Despite the improvement, annual profits fell by $1.4 billion (£1.2 billion) to $17.5 billion (£14.6 billion) due to the sale of its retail banking operations in France.
Meanwhile, the public finances posted a bigger-than-expected surplus of £5.4 billion in January after a record £21.9 billion of self-assessed income tax receipts in the month.
