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The Independent UK
The Independent UK
National
Holly Williams

Lloyds sees profits rocket to £6.9bn but reveals fraud hit

PA Wire

Lloyds Banking Group has become the latest lending giant to post a bumper annual profit haul and reveal a return to bonuses despite a hit from fraud costs.

The group reported pre-tax profits surging to £6.9 billion in 2021, up from £1.2 billion the previous year, though the figure came in below City expectations.

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