What did we learn about our banks this week? City Voices: UK bank shares have been stock market laggards for years Evening Standard · Feb 22, 2024
Lloyds sets aside £450m for car loan fines and payouts Bank’s profits rise 57% but it says there is ‘significant uncertainty’ over liability amid FCA investigation The Guardian - UK · Feb 22, 2024
Global share rally triggered by AI boom; UK and eurozone business activity picks up – as it happened Japan’s Nikkei hits all-time closing high, European shares hit record high after stellar results from US chipmaker Nvidia The Guardian - UK · Feb 22, 2024
Lloyds Bank sets aside £450m for car loan investigation LLOYDS BANK offered a positive view of the UK economy this morning, with booming profits and low impairment charges on bad debts. Evening Standard · Feb 22, 2024
FTSE 100 Live 22 February: Nvidia powers S&P 500 to new record, 'UK recession over', London index closes up The latest blockbuster results by semiconductor giant Nvidia have given global markets a lift, with the Nikkei 225 at a record high early today. Evening Standard · Feb 22, 2024
U-turn and profits dip add up to tricky sell for Barclays With rivals HSBC and Lloyds set to announce healthy earnings, it will be a tough week for the bank’s boss The Guardian - UK · Feb 17, 2024
The Body Shop staff fear company will be broken up, risking 2,200 jobs Aurelius, the German restructuring specialist, has broken up two other UK retailers The Guardian - UK · Feb 15, 2024
Britain's 'big five' banks prepare to deliver record-breaking total profits Bank shares languish well below pre financial crisis levels despite the profits revival Evening Standard · Feb 13, 2024
Government 'asleep at the wheel' over claims of Iran sanction busting, MP warns Lloyds and Santander UK deny wrongdoing after report that they were used by an Iranian state entity Evening Standard · Feb 6, 2024
Lloyds and Santander accused of providing accounts for Iranian front companies Both banks deny helping Tehran-controlled oil firm PCC to move money in breach of sanctions The Guardian - UK · Feb 5, 2024
Santander, Lloyds Shares Drop as Iran Evades Sanctions Shares of Santander and Lloyds dropped as a result of a report stating that Iran had utilized the banks' accounts to circumvent international sanctions. Top News · Feb 5, 2024
Full list of Lloyds Bank and Halifax closures, as Lloyds set to shut 123 branches About 1,600 jobs will be cut, though junior employees are not expected to be affected and there will be some voluntary redundancies Evening Standard · Jan 30, 2024
The week in audio: Exposed: The Ashley Madison Hack; Making Sense of Social Housing; Ian Hislop’s Oldest Jokes – review Not enough users of the hacked infidelity website share their stories; more on the UK’s housing crisis; and a philology of funnies The Guardian - UK · Jan 27, 2024
Lloyds Bank Cuts Almost 800 Jobs In Online Switch British retail lender Lloyds Banking Group on Thursday announced a net reduction of almost 800 jobs, as it slashes branch staff but boosts customer services. International Business Times · Jan 26, 2024
The Guardian - UK · Jan 25, 2024 Lloyds to cut 1,600 jobs across branches in shift to online banking Overhaul likely to raise concerns for UK bank’s 2m customers who rely on branches to manage accounts
Fortune · Jan 11, 2024 Former bank manager stands to scoop $637K settlement after being fired for using the N-word in anti-racism class Ex-Lloyds banker Carl Borg-Neal says being a white middle-aged man is ‘the worst thing you can be’.
The Guardian - UK · Dec 23, 2023 UK mortgages: trial to rule on deals that left people with huge debts Decades after shared appreciation mortgage launch, case brought by law firm due to reach high court
Top News · Dec 21, 2023 UK Business Confidence Dips in December, Economic Concerns Linger UK business confidence takes a tumble in December as economic worries overshadow hopes for growth, according to Lloyds Bank. Read more here!
The Guardian - UK · Dec 7, 2023 Why won’t MBNA send me paper statements? It is pressing me to receive statements digitally, because of some unspecified ‘issues’
The Guardian - UK · Dec 4, 2023 Barclay family regains control of Telegraph after Abu Dhabi helps pay debt Planned takeover still requires government approval despite Lloyds receiving funds owed
The Independent UK · Nov 30, 2023 Full list of 45 Lloyds, Halifax and Bank of Scotland branches due to close The sites are set to shut next year, starting in March and April.
The Independent UK · Nov 30, 2023 Lloyds, Halifax and Bank of Scotland to shut another 45 branches The Lloyds Banking Group-owned brands will close the branches next year, starting in March and April.
The Guardian - UK · Nov 29, 2023 MPs add to pressure on ministers to vet Barclay family’s Telegraph offer Call for national security law to be used to investigate proposed deal involving consortium backed by UAE
Evening Standard · Nov 29, 2023 A tense few days for The Telegraph, but RedBirdIMI looks the way to bet A crunch few days for the Telegraph Group, which could have new, controversial, owners by Monday.
The Conversation · Nov 28, 2023 Lloyds of London archives show how important the City was to transatlantic slavery In 1783, the City of London was gripped by a court case which symbolised the brutal economics of slavery. Two years previously, the Liverpool slave ship Zong had set out from Accra, in present-day Ghana, with 442 men, women and children crammed in its hold.