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The Latest Breaking News from Lloyds

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

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

The Guardian - UK

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.

Evening Standard

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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.

The Independent UK

UK lenders pass stress tests as Bank of England warns of more mortgage pain

Banks ‘could weather £125bn hit in economic downturn’ despite rising interest rates

The Guardian - UK

FTSE 100 Live: Shares soar as banks pass stress test, pound at $1.30 as US inflation falls to 3.0%

Burberry has revealed a strong start to its financial year as the luxury goods group sees a surge in demand from Chinese consumers.

Evening Standard

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New mortgage rules kick in TODAY - what this means for you and all the help available

The charter is intended to help millions of homeowners who are facing a huge jump in monthly mortgage repayments because of rising interest rates after the Bank of England upped rates to 5% last month

Daily Mirror

Attorney general and close family hold £130,000 in shares in six FTSE 100 firms

Exclusive: Victoria Prentis’s shareholdings not disclosed in registers despite potential for conflicts of interest

The Guardian - UK

The LOWEST interest rates offered to savers by banks - from Santander, to Natwest and Barclays

Bosses at some of the UK's biggest banks, Lloyds, HSBC, NatWest and Barclays are to face questions by the Financial Conduct Authority (FCA) this week on the speed it passes on the rate rises to savers

Daily Mirror

UK banks urged to ‘accelerate’ savings rates by financial regulator

FCA tells NatWest, Lloyds, HSBC and Barclays to act more quickly to support consumers after profiteering claims

The Guardian - UK

RBS and Natwest announce closure of 36 branches across UK - check the full list

NatWest will close 34 additional branches between September 2023 and July 2024, with their sister bank, RBS, shutting down two more branches by November this year.

Daily Record

Natwest and RBS announce 36 branches to close - full list

Move means many communities will lose their access to high street banking

Nottingham Post

Lloyds Bank hits millions of customers with £307 fraud warning

The bank want people to stay safe online

Nottingham Post

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The Independent UK

Bankers summoned to watchdog as savings rates trail mortgage costs

The chief executives of HSBC, NatWest, Lloyds and Barclays are expected before the Financial Conduct Authority.

Nottingham Post

Lloyds Bank warns people about buying pets that don't exist

Scams are on the rise, says the bank

Wales Online

Lloyds Bank warns people looking to get a new pet about buying one that doesn't exist

Scams are on the rise, says the bank

Daily Record

Urgent warning as free £200 switching offer to bank customers ends tonight

Savvy customers could nab £200 if they hurry - HSBC's switching offer ends at midnight today.

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Liverpool Echo

UK bank hits millions of customers with £307 warning

More and more people are being left out of pocket

Evening Standard

Double whammy hits London economy on top of house price fall

The average cost of a London house is £517,000, down over 4% in June

Birmingham Post

Business confidence in the South West remains high according to latest Lloyds research

According to the latest business barometer business confidence fell one point in June to 29%

Evening Standard

Mortgage charter: which lenders have signed up and how can it help you?

Homeowners could be allowed to pay interest-only or extend their term under a new package of support measures announced by the government

Wales Online

HSBC, NatWest and Lloyds: All the banks currently giving you up to £200 free cash to switch

The process is really easy and could give you hundreds of pounds extra

Daily Mirror

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

Jeremy Hunt announces bank measures for mortgage holders - but no Government help

It comes after the Bank of England hiked interest rates to 5% - piling mortgage misery on cash-strapped families

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