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 Insider UK · Jul 27, 2022
Demand for debt services by Lloyds customers jumps 30% Three-quarters of bank’s 26m UK customers fear rising prices with 80% holding less than £500 in savings The Guardian - UK · Jul 6, 2022
Lloyds boss warns customer debt is surging as cost-of-living crisis hits home He said that problems will mount with the majority of people having less than £500 of savings Chronicle Live · Jul 6, 2022
Lloyds Bank warning on economy as it tells customers “seek help” BRITAIN’S biggest bank today issued stark warnings about what could happen to the economy if inflation takes grip and told customers in trouble to seek help sooner rather than later. Evening Standard · Apr 27, 2022
Lloyds says customers cutting back on streaming and gyms as inflation bites Bank warns of more loan defaults amid cost of living crisis as it reports 14% fall in first-quarter pre-tax profit The Guardian - UK · Apr 27, 2022
The inevitable future scandal coming at Lloyds Bank Comment: Purpose driven CEO is running a bank that is simply too big Evening Standard · Feb 24, 2022
Lloyds boss Charlie Nunn paid £5.5 million for six month’s work PROFITS at Lloyds Bank rocketed and it spent £2 billion on buying back its own shares, results that may increase pressure for a windfall tax on the banking sector. Evening Standard · Feb 24, 2022