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The Latest Breaking News from Charlie Nunn

Trump tariffs could be ‘opportunity’ for UK, Lloyds boss says

Charlie Nunn, who runs Lloyds Bank, the largest mortgage lender in the UK, said that he was optimistic about growth for the UK economy but it must come quickly.

The Independent UK

Lloyds chief says UK has chance to ‘stand out’ globally amid Trump presidency

Charlie Nunn said there was ‘real concern about growth in Europe’.

The Independent UK

‘Animal spirits alive’ as Wall Street bankers anticipate Trump boom

US president is expected to slash financial controls and prompt wave of dealmaking

The Guardian - UK

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Lloyds to let customers use Halifax and BoS branches, raising job cut fears

Account holders at the group’s three brands will be able to use any of their locations, but unions fear site closures

The Guardian - UK

P&O Ferries not rogue, says business secretary after cabinet rift

Jonathan Reynolds continues damage limitation effort after colleague Louise Haigh called firm a ‘rogue operator’

The Guardian - UK

Lloyds predicts drop in defaults on loans and mortgages as UK economy improves

Bank sets aside just £44m for bad debts and defaults in second quarter amid upbeat outlook

The Guardian - UK

Disused Lloyds office sites to be converted into social housing

Exclusive: Bank launches project by selling Pudsey site as CEO says Labour’s commitment to sector is ‘clearer’ than last government’s

The Guardian - UK

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Lloyds sets aside £450m for car loan fines and payouts

Bank’s profits rise 57% but it says there is ‘significant uncertainty’ over liability amid FCA investigation

The Guardian - UK

Lloyds chief urges UK policymakers to keep their hands off banks’ profits

CEO Charlie Nunn calls for measures such a windfall tax to be ruled out before next general election

The Guardian - UK

OPINION - The Barclays are back with a bang and the Telegraph sale has been turned completely on its head

A motorbike weaves through the London traffic. It’s heading across town, from Belgravia to the City. Riding pillion is Aidan Barclay. The bike races up to the doors of the Lloyds Bank headquarters. Barclay dismounts, rushes in and thrusts a piece of paper into the startled receptionist’s hand. It’s a…

Evening Standard

Lloyds braces for loan losses as borrowers face £360 monthly mortgage jump

The banking group revealed its half-year profit increased by more than a fifth compared with last year.

The Independent UK

No recession and lower rates on way, predicts mortgage giant Lloyds Bank

BRITAIN’S biggest mortgage lender offered hope to the nation’s homeowners today and predicted the UK will no longer fall into recession next year.

Evening Standard

Lavish homes of fatcat bank bosses tackling mortgage crisis - including £12k treehouse

Top bankers advising on the home loan crunch have been revealed as multi-million pound homeowners with no mortgages and 'woodland-type' gardens, while many families struggle to make ends meet.

Daily Mirror

Not-for-profit lettings agency will help ease ‘chronic lack’ of affordable homes

Lloyds Banking Group said fundraising will support Crisis to develop and launch a new not-for-profit lettings agency.

The Independent UK

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The National (Scotland)

Major bank predicts 'mild recession' as bankers' bonus pot swells to five-year high

ONE of the country’s biggest banks is steeled for a “mild recession” in the coming months as house prices are predicted to fall amid continued…

Wales Online

Lloyds says UK will have 'mild' recession but house prices will tumble

The banking giant said it had already seen an increase in the number of people defaulting on their mortgages

Evening Standard

A tough nut for the thinking banker at Lloyds to crack

City Comment: Will Charlie Nunn attract the “mass affluent” to Lloyds?

Insider UK

Lloyds' quarterly profits double as borrowing costs rise

The banking group's loan book rose by £6.3bn to £475bn during the year

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Evening Standard

Lloyds Bank warns house prices to fall 7% this year as customers struggle with mortgages

Lloyds CEO takes home pay of £3.8 million

The Guardian - UK

Lloyds accused of ‘stuffing bankers’ pockets’ as it proposes £9.1m CEO deal

Chief executive Charlie Nunn could receive £9.1m payout, while top performing bankers to share £446m bonus pot for work in 2022

Insider UK

Bosses of major banks defend branch closures

In a Treasury Committee hearing they also denied relying on customer account switching inertia

The Independent UK

Bosses of major banks defend branch closures to MPs

Chief executives from NatWest Group, Barclays UK, HSBC UK and Lloyds Banking Group appeared before the Treasury Committee.

The Guardian - UK

Sorry, but axing VAT or green levies on energy bills isn’t going to cut it

Evening Standard

Recession fears grow as bad debts jump at Lloyds Bank

FEARS about the UK tumbling into recession grew today when the UK’s biggest domestic bank set aside hundreds of millions of pounds to cover loan defaults.

Insider UK

Lloyds profits fall as it sets aside £377m for loan defaults over living costs

Hal-year results also reveal that customers are ditching subscription services in the face of rising inflation

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