In dynamic competitive business environment the banks advance their intermediary role to facilitate the investors and the borrowers with an aim to sufficiently provide the justifiable needs of its society, stakeholder, and utmost for their survival. To meet this primary objective, banks utilize their resources effectively and enhance their operating efficiency to maximize their profits. There are many factors that exhibit drastic effects on the profitability of banks. This includes controllable (Bank specific and Industry specific) and uncontrollable (macro-economic) factors. This study will highlight the priorities of the significance of controllable and uncontrollable determinants of profitability. This study endeavors to construct numerous contributions so as to extend more inclusive and rigorous studies on the profitability of the banking sector.

Risk management is an essential part of the decision-making process. To advance this decision making, the study investigates the explicit and implicit inferences of the banking sector in response to acknowledged risk aspects (credit risk, liquidity risk & operational risk) faced within the dynamic business environment in which the bank operates. Responsive behaviour of risk mangers is identified for conventional and Islamic banks. In addition, the study compare and contrast their responsive behaviour between two set of banks (Conventional and Islamic). It is imperative and constructive to know about the factors on which future decision making can be based. On the practical aspect, this study could help management of the banks' and policy makers to spotlight on the main banking activities that possibly will enhance the bank position and financial presentation.

This dissertation was done as part of my undergraduate degree at Thames Valley Universiy. The main motive of this work is to establish the degree to which various income groups are affected by the UK system of taxation. Also, the aim is to ascertain whether the taxation system provides incentives to people to work or to claim benefits. At the time of doing this project, the 50% tax on high earners was being introduced in the UK. This project performed a critical analysis of the implications of this high rate of tax.