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The Latest Breaking News from Lloyds

Did your mobile banking go down? Here's what happened to Lloyds, TSB, Nationwide, First Direct and Halifax

Six major UK banks reported issues with their mobile and internet banking on Friday, February 28 –here's an account on the bad morning for Lloyds, TSB, First Direct, Halifax, Nationwide and Bank of Scotland customers.

TechRadar

Lloyds Bank down: Halifax, TSB and Nationwide online banking not working

Lloyds Bank and other banks’ online services appear to be down in a major outage.

The Independent UK

Lloyds boss gets nearly £2m pay rise amid profit slump and branch closures

Chief executive Charlie Nunn took home £5.6 million last year, boosted by long-term bonus payments tied to Lloyds’s shares.

Evening Standard

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Global stocks rise as investors await Nvidia earnings after DeepSeek knock

The UK’s FTSE 100 moved 62.79 points higher, or 0.72%, to close at 8,731.46.

Evening Standard

UK lenders paid car dealers cash upfront that may have led to costlier loans

Exclusive: ‘Advance commissions’ said to total millions of pounds allegedly pushed customers to certain providers

The Guardian - UK

FTSE 100 falls after plunging consumer confidence report

Polling by the British Retail Consortium found expectations for the economy worsened for the fifth consecutive month in February.

Evening Standard

Lloyds puts aside a further £700m for compensation over car finance scandal

Profits hit as total held back for payouts rises to almost £1.2bn amid uncertainty over final financial impact

The Guardian - UK

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Gold hits record high amid geopolitical worries; Amazon takes creative control of James Bond – as it happened

Spot price of gold is approaching $3,000/ounce while Amazon has acquired creative control of the spy franchise from the Broccoli dynasty.

The Guardian - UK

Lloyds sets aside £1.2bn for car finance saga as profits slide

Lloyds has a market cap of around 38 billion

The Independent UK

Lloyds sets aside £1.2bn for car finance saga as profits slide by a fifth

An additional £700 million provision taken in the final three months of the year adds to the £450 million already confirmed last year.

Evening Standard

FTSE 100 Live 20 February: Centrica and Lloyds shares rally on results, miner cuts De Beers value

Annual results today fuelled strong share price performances by widely-held Centrica and Lloyds Banking Group.

Evening Standard

HSBC set to unveil bigger profits as cost-cutting overhaul in focus

Rivals Barclays and NatWest set the tone for the banking sector when they reported stronger earnings this week.

Evening Standard

Car finance scandal: lender sets aside £165m for possible compensation costs

Estimate by Close Brothers follows ‘thorough assessment’ of court case’s impact on UK vehicle loan industry

The Guardian - UK

HSBC online and mobile banking working again after service outage

It follows recent outages at other major banks in recent weeks.

Evening Standard

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The Independent UK

HSBC hit by outage as users complain of being unable to log on

It follows recent outages at other major banks in recent weeks.

Evening Standard

MPs quiz bank bosses over scale of IT failures after Barclays outage

The Treasury Committee, a cross-party group formed of 11 members, wrote to banks including Barclays, HSBC, Lloyds and Nationwide on Monday.

The Guardian - UK

Will the bonus bubbly still flow as reality bites for British banks?

Job losses, shakeups and the motor finance commission scandal will cast a shadow over lenders when they start reporting results this week

Evening Standard

Lloyds says services ‘back to normal’ after outage

Lloyds Bank and Halifax customers reported issues with payments on Monday morning, in the latest service issue to hit the sector.

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Evening Standard

Lloyds and Halifax banking apps hit by service outage

Both banks confirmed customers have had issues ‘making and/or receiving payments’ and said they are working ‘to have everything back to normal’.

The Independent UK

Lloyds and Halifax down as customers unable to access online banking and app accounts

Lloyds, Halifax and the Bank of Scotland are having major problems with their apps and online banking, leaving customers unable to see their money.

International Business Times UK

Lloyds Bank To Close More Branches Amid App Boom: See The Full List Of Areas For Closure

Lloyds is closing 136 more branches, following a trend of banks reducing physical locations as app usage rises.

The Independent UK

Over 1.1m people used current account switch service in 2024 - one big winner isn’t even a bank

Nationwide have proven a popular destination on the back of their switch offers

Evening Standard

1.2m current accounts moved using switching service in 2024

It marked the second year in a row that current account switches have topped one million, the Current Account Switch Service said.

The Independent UK

Rachel Reeves’s plan for Heathrow to ‘turbocharge’ economy struggles to take off

Chancellor’s optimistic economic growth vision hit in the short term as Tesco and Lloyds announce hundreds of job losses and she admits fixing the economy is ‘not an easy job’

The National (Scotland)

More than a dozen Bank of Scotland branches set to close – see full list

MORE than a dozen Bank of Scotland branches are set to close across the country as Lloyds Banking Group accelerates its plans to cut costs by moving…

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