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The Latest Breaking News from Lloyds

Why own a newspaper in 2023? Ask the very rich men trying to buy the Telegraph

With debts of £1bn, this isn’t some ordinary financial asset. The desire to own the papers says more about power than profit, says Guardian columnist Jane Martinson

The Guardian - UK

Barclay family table £1bn bid to regain control of Telegraph

Family that formerly controlled media group attempt to deter rival bidders with Abu Dhabi-backed offer

The Guardian - UK

Nigel Farage opens new bank account with Lloyds

The former Ukip leader said that his ‘banking issues are now over’.

The Independent UK

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Bank CEOs set the tone from the top when it comes to risky behaviour — new research

Metro Bank positioned itself as “a fresh start to banking” when it launched in the wake of the 2008 global financial crisis. It was set up in 2010 as a challenger to the “big five” banks dominating the UK market post-crisis: HSBC, NatWest, Lloyds, Barclays and Santander.

The Conversation

The Telegraph has drawn a glittering array of bidders. But which will win?

Profitable and influential, the Telegraph is far from a distressed asset

Evening Standard

Six high-street banks given ‘red’ warning over eco policies, Which? reveals

JP Morgan Chase, Santander, Barclays, HSBC, NatWest Group and Lloyds Banking Group were criticised by the consumer champion.

The Independent UK

Childcare costs ‘soaring by £600-plus a month’ as firms insist on return to office

Survey finds parents under pressure, as second study finds some are leaving workforce because of costs

The Guardian - UK

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Huge boost for vegan trainers brand worn by Leonardo DiCaprio and Princess Eugenie

Lloyds Bank and Channel 4 are awarding free TV advertising to north London company LØCI, which was also given £4m in investment by DiCaprio

Evening Standard

Daily Mail owner looks to Middle Eastern backers over Telegraph bid

Lord Rothermere is second potential suitor to turn to oil-rich region for financial support

The Guardian - UK

Nadhim Zahawi in line to become chair of Telegraph titles, say reports

MP said to be brokering deal between UAE investors and Barclay family as former owners attempt to regain control of media group

The Guardian - UK

Barclay family aim to regain Telegraph control with UAE backing – report

Family are said to have secured investment from anonymous backers based in Abu Dhabi

The Guardian - UK

National Trust resists pressure to ditch Barclays over environmental concerns

Attempt to cut ties with bank, which directly invests in new fossil fuel projects, fails at AGM

The Guardian - UK

Fake or not fake? Booking.com’s hotel or apartment was ‘a private house’

On arrival in Paris guests had to find alternative accommodation but a refund has been refused

The Guardian - UK

Scotsman owner signals interest in buying the Daily Telegraph

The owner of the Scotsman and the Yorkshire Post has indicated it could be interested in buying the Daily Telegraph and Sunday Telegraph if the…

The National (Scotland)

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The Guardian - UK

Banks with lowest savings rates to face ‘robust action’, warns UK financial watchdog

FCA gives banks four weeks to justify savings rates as it lays out 14-point plan to monitor treatment of customers

The Guardian - UK

UK banks are closing more than 1,000 accounts every day

Nigel Farage calls for royal commission as data shows big jump in customers being ‘debanked’

The Independent UK

Bank issues scam warning to football fans

Many football ticket scams originate on social media and people aged 18 to 24 are particularly likely to fall victim, Lloyds Bank said.

The Week

Debanking row: is Nigel Farage case just tip of the iceberg?

UK banks are being reminded of “their responsibilities” when it comes to sensitive information they hold on their customers.

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Evening Standard

Dead-of-night departure of NatWest boss Dame Alison Rose rocks the City

Shares in turmoil-hit bank fall and furore keeps growing after Dame Alison Rose’s resignation as NatWest’s chief executive

The Independent UK

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.

Evening Standard

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.

The Guardian - UK

Lloyds puts aside more than £400m for mortgage arrears as rates soar

Bank says profits have fallen as interest rates and cost of living are ‘challenging’ for people and firms

Evening Standard

FTSE 100 Live: NatWest boss out, Ocado shares surge further, Fed ups rates but markets hope it’s last hike

The turmoil at NatWest, half-year figures by Lloyds and profit upgrades at GSK and Rolls-Royce are just some of today’s big blue-chip developments.

The Independent UK

Food producers cut prices in June for first time in three years – Lloyds Bank

Food and drink manufacturers charged their customers, which include wholesalers and retailers, less in June compared to the previous month.

The Independent UK

UK’s biggest mortgage lenders in 2022 ranked

Lloyds Banking Group has held its position as the UK’s biggest mortgage lender but some providers moved up or down the tables.

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