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Evening Standard
Evening Standard
Anna Wise

Lloyds Bank profits rise as mortgage lending and savings balances swell

Lloyds Banking Group has unveiled a higher-than-expected profit for the first half of 2025 (Stefan Rousseau/PA) - (PA Archive)

Lloyds Banking Group has unveiled a higher-than-expected profit for the first half of 2025, as it benefited from a jump in lending and savings balances.

The group, which incorporates Lloyds Bank, Halifax and Bank of Scotland, reported a pre-tax profit of £3.5 billion for the first six months of the year – 5% higher than a year ago,

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