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The Latest Breaking News from Lloyds Banking Group

Lloyds sees annual profits jump 12% in spite of motor finance hit

The high street lending giant reported a 12% jump in pre-tax profits to £6.66 billion for 2025.

Evening Standard

Lloyds annual profits surge despite hit from mis-sold car finance

The jump in annual profits comes despite significant ‘remediation costs’ totalling £968 million

The Independent UK

Bank of Scotland fined £160,000 over account for sanctioned Putin ally

Dmitrii Ovsiannikov, who had held senior roles in Russian government, used a variant spelling of his name to access UK banking system

The Guardian - UK

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Lloyds set to see annual profits rise despite motor finance hit

Most analysts expect the lender to deliver a 7% rise in pre-tax profits for the year, with the City pencilling in £6.38 billion.

The Independent UK

Lloyds to put all 67,000 staff through AI training in fresh digital push

All employees of the banking group will be expected to complete the course by the end of the year.

Evening Standard

Lloyds questioned by watchdog over use of staff banking data in pay talks

ICO says it is making inquiries with banking group over data privacy after it accessed 30,000 staff accounts

The Guardian - UK

Lloyds CEO Charlie Nunn latest banking boss in line for huge bonus hike

Barclays, HSBC and NatWest shareholders already approved big pay rises after post Brexit loosening of remuneration rules

The Guardian - UK

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Lloyds Bank Branch Closures: 16 Sites to Shut Within Days in New Blow to High Street

Lloyds closes 16 branches in January; 71 more planned by year-end. Check if your local is affected and find alternative banking options.

International Business Times UK

Are You Affected? Fury as Major Banks Axe 311 Branches Ahead of Christmas

Major banks are set to close 311 branches in the run-up to Christmas, triggering anger from customers and campaigners who warn the move will leave communities without vital face-to-face banking services.

International Business Times UK

FTSE 100 ends flat as bank gains offset weak gold

Elsewhere, UK lenders passed the latest Bank of England stress tests.

The Independent UK

UK mid-caps outperform in calm post-Budget trade

‘UK assets continue to hold up well in the wake of the Budget,’ said IG analyst Chris Beauchamp.

Evening Standard

What Budget rumours are doing to the FTSE 100

Banking stocks had a lift amid rumours the sector will be spared a tax hit

The Independent UK

Stocks rise and pound climbs as Budget rumours swirl

Chancellor Rachel Reeves is due to deliver her statement to the Commons on Wednesday.

Evening Standard

FTSE 100 Live 23 October: Index near record, results boost for Rentokil and LSEG

Lloyds Banking Group and Unilever are among the companies in the spotlight amid a busy session for FTSE 100 updates.

Evening Standard

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Evening Standard

Soft inflation data encourages hopes of pre-Christmas rates cut

Rate sensitive housebuilders were buoyant with Persimmon up 6.3%, Barratt Redrow up 5.1% and Berkeley Group up 3.8%.

Evening Standard

Stocks tumble amid US banking fears

The FTSE 100 index closed down 81.52 points, or 0.9%, at 9,354.57.

The Independent UK

UK stock markets tumble and banks impacted amid concerns over US credit

Barclays, with its substantial US operations, saw its stock fall by over 6 per cent

Evening Standard

UK banks in ‘eye of the storm’ amid US credit jitters and car finance payouts

Shares in British banking giants were falling on Friday, weighing on the UK’s FTSE 100 index.

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Evening Standard

Lloyds warns car finance compensation scheme could cost it nearly £2bn

The banking group said it was expecting there to be a higher number of historical motor finance agreements that are eligible for redress.

The Independent UK

Lloyds warns car finance compensation could cost it nearly £2bn due to historic cases

Most of the car finance deals covered by the FCA’s scheme involve DCAs

Evening Standard

FTSE 100 Live 13 October: Lloyds shares up despite new provision, miners lift index

Lloyds Banking Group today made a big increase to the amount it will need to cover motor finance mis-selling compensation.

Evening Standard

FTSE 100 falls from record highs as Lloyds and HSBC struggle

The FTSE 250 ended up 11 points, 0.1%, at 22,052.83.

Evening Standard

Lenders warn of bigger hit to finances from £11bn car loan compensation plan

Lloyds Banking Group and Close Brothers both said they were expecting to have to put aside more money to cover costs related to the mis-selling saga.

Evening Standard

Shares in UK lenders rise after watchdog softens car loan compensation costs

Lloyds Banking Group, Close Brothers Group, and Barclays shares were all moving higher on Wednesday morning.

The National (Scotland)

Lloyds Banking Group to close another 13 Scottish branches

LLOYDS Banking Group has revealed that another 49 bank branches will shut across the UK, including 13 in Scotland ...

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