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The Latest Breaking News from Lloyds Banking Group

People could find it easier to make transactions through verification service

UK Finance is supporting banks including Barclays, HSBC, Lloyds Banking Group and Nationwide Building Society with the development.

Evening Standard

Lloyds Banking Group Builds 1,000 AI Jobs as Traditional Banking Roles Continue to Change

Lloyds Banking Group is set to create over 1,000 AI-related jobs, reflecting a shift towards digital banking and technology investment amid branch closures.

International Business Times UK

Lloyds Banking Group to hire 300 tech experts to work on AI

Exclusive: While recruits will increase headcount for now, broader adoption of AI could lead to job cuts in future

The Guardian - UK

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‘I’m down to one option’: bank customers left frustrated by latest closures

Apps intended to replace branches have been hit by outages, as a poll finds most Britons want high street services

The Guardian - UK

Lloyds Bank Issues Lock Customers Out Of Accounts — Some Couldn't Even Buy Lunch

Lloyds Banking Group experienced a significant IT outage on 3 June, affecting millions of customers across multiple brands for over three hours during peak business hours.

International Business Times UK

How smarter use of digital banking could save you thousands of pounds

Financial experts explain how money can be saved by using banking apps to get better credit card and mortgage deals plus debt and investment advice.

The Independent UK

Halifax could disappear from UK high streets as Lloyds assesses branding strategy

Bank founded 174 years ago could be phased out from as early as 1 July as part of group’s review

The Guardian - UK

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Halifax axed as banking giant set to disappear from UK high streets

A phased closure of Halifax branches could begin as early as this summer, according to reports

Evening Standard

Lloyds considers scrapping Halifax brand after 173 years on high street

The banking giant has shut hundreds of high street branches over recent years.

Evening Standard

HMRC's £900 Cheque Turns Into Nightmare — Woman Forced to Drive 94 Miles Says Lloyds Has 'Forgotten Rural Britain'

Lloyds' policy change on Post Office cheque deposits impacts rural communities, with Annabel Yates' 94-mile journey highlighting access challenges for customers.

International Business Times UK

Pound wobbles and bonds suffer as Starmer battles on

Prime Minister Sir Keir Starmer defied calls for him to quit, despite a growing number of Labour MPs demanding that he steps aside.

Evening Standard

Lloyds earnings jump by a third but UK economic outlook worsens

New economic forecasts published by the bank reflect the possible “stagflationary consequences” of war in the Middle East.

Evening Standard

Lloyds reveals another 80,500 may have been impacted by IT glitch

The lender has now paid out £201,000 to 5,250 people impacted by the IT issues on March 12.

Evening Standard

Lloyds Bank confirms another 80,500 customers’ transactions may have been exposed by major IT glitch

The bank confirmed it has paid £201,000 to 5,250 people, alongside an additional £62,000 in ‘goodwill’ payments

The Independent UK

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Evening Standard

New Lloyds Banking Group partnership aims to cut hassle for home buyers

The digital service, involving Lloyds, Connells Group and conveyancing provider LMS, aims to reduce delays and uncertainty when buying a home.

Evening Standard

Lloyds sticks to £2bn provision for motor finance compensation

This is despite the FCA making a number of changes to the scheme, compared to its original proposals set out last year.

Evening Standard

FTSE 100 Live 02 April: Oil price surges on Trump speech, index holds firm

Stock markets are lower and oil prices higher after President Trump’s address on the Iran war broke little new ground.

Evening Standard

FTSE 100 Live 31 March: Markets rally, Unilever on brink of foods merger

A tumultuous month for financial markets is ending with the FTSE 100 index higher for a second successive session.

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The Guardian - UK

Almost half a million Lloyds customers had personal data exposed in IT glitch

Letter from group published by MPs blames 12 March glitch on software update to its mobile banking apps

Evening Standard

Lloyds faces questions from Treasury Committee about recent banking app glitch

Treasury Committee chairwoman Dame Meg Hillier said in a letter that she would welcome a set of responses to the ‘troubling incident’.

The Independent UK

Lloyds faces questions over ‘troubling’ banking app glitch that showed other users’ transactions

One customer said she was able to see the transactions of six different users over a 20-minute period

Evening Standard

Lloyds investigating after customers report seeing other people’s transactions

The bank is looking into reports that some customers using Bank of Scotland, Lloyds and Halifax apps were able to see other users’ transactions.

Evening Standard

Lloyds, Halifax and Bank of Scotland experience 'technical glitch' as customers shown other users' transactions

Hundreds of customers reported problems on Downdetector UK, a website that tracks service outages, on Thursday morning

Evening Standard

Insurance industry has more to do to gain people’s trust, ABI boss tells MPs

The Treasury Committee held an evidence session into financial inclusion with representatives from the insurance and banking sectors.

The Guardian - UK

Lloyds investigating after using staff’s bank account data in pay talks

CEO Charlie Nunn tells employees that issue ‘created some concern’ but insisted ‘we definitely have listened to it’

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