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The Latest Breaking News from Lloyds

Storm brews over Nationwide chief executive’s pay package worth up to £7m

Critics say building society has strayed too far from its roots with the compensation package likely to be rubber-stamped

The Guardian - UK

UK bank profits in focus as lenders await critical motor finance court ruling

Lloyds Banking Group will kick off the sector’s half-year earnings with its results on Thursday, followed by NatWest Group on Friday.

Evening Standard

Lloyds to make extra £4bn available to help more first-time buyers

The banking group is expanding its first-time buyer boost scheme.

Evening Standard

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Job scams have jumped 237% since January. Here’s how to keep yourself safe

Young job seekers are often targeted and later ghosted or blocked by ‘recruiters’

The Independent UK

Job hunters warned about surge in fake ads scamming them out of cash

Gen Z job seekers are often being targeted by job scams promising quick cash or remote working opportunities, Lloyds said.

Evening Standard

Lloyds chief slams detail in Labour’s pension plan

IN FULL

The Independent UK

Voices: Building affordable homes would be a powerful way to generate growth for Britain

COMMENT: With a new National Housing Bank in the works, and the government pledging £39bn for affordable homes, the UK has a chance to transform more than just the housing sector, says Charlie Nunn, CEO of Lloyds Banking Group

The Independent UK

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Labour’s pension plans remind me of communist China, says Lloyds chief

Proposed £25bn megafunds will seek to create more long-term wealth for people

The Independent UK

More than 23m Britons think they may be due compensation for mis-sold car loans, UK poll finds

Survey comes before supreme court decision on secret commission payments ruled unlawful by court of appeal

The Guardian - UK

Santander to buy TSB for £2.65bn amid fears of branch closures and job losses

Purchase would be third major ownership shake-up for high street lender in 12 years

The Guardian - UK

£185 in cash and free cinema tickets: July’s best offers to switch banks

If you’re looking for a new bank, make sure to get a good deal beyond just the initial cash payment

The Independent UK

Major UK bank will now pay you £185 to switch to them

Banks and building societies can pay you to move to them but be sure to check the product suits your needs

The Independent UK

Bank says people can get almost 14 hours of free time every week, thanks to AI - but, of course, you need to be rich

Lloyds Bank says AI could free 14 hours weekly, but this time-saving revolution appears tailored for high earners with access to premium tech tools.

TechRadar

Britons have just 23 hours of ‘genuinely free’ time a week – so much for labour-saving technology

AI really could shift the locus of life and meaning away from work, but we must have vision and daring to make it happen, says journalist Elle Hunt

The Guardian - UK

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Evening Standard

Banks significantly increased fossil fuel financing in 2024, analysis finds

The annual Banking on Climate Chaos report found a shift in direction after fossil fuel financing had been decreasing over the previous four years.

The Guardian - UK

Hey AI! Can ChatGPT help you to manage your money?

We asked a chatbot some common finance questions – and then ran its responses past human experts

Evening Standard

Festival-goers warned to watch out for ‘ticket traps’ when booking summer events

Music fans desperate to get their hands on coveted tickets could be susceptible to scams.

The Guardian - UK

Hubris, crisis and scandal: how the NatWest ‘soap opera’ unfolded

From Fred ‘the Shred’ Goodwin to Nigel Farage ousting the CEO, it’s been a bumpy ride for the now-privatised banking group, formerly RBS

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news in one place.

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The Independent UK

High-street bank offering £500 gift card to new customers – see if you are eligible

Only those who earn £100,000 or more a year are eligible

Evening Standard

High street bank branches are ‘thriving’, Nationwide says

The building society suggested that customers were switching from rival banks in order to make use of its branch network.

The Guardian - UK

About £1bn in car loan compensation at risk because data deleted, lawyers warn

Lenders’ routine purging after six years means details of some car buyers due compensation may have been lost

The Independent UK

Britain’s most expensive seaside towns and cheaper ‘hidden gems’ revealed

House price data was analysed for the Lloyds Coastal Homes Review.

The Independent UK

Britain’s most expensive seaside towns and cheaper hidden gems

Salcombe in Devon, with its galleries and boutiques, is second on the Lloyds list

The Independent UK

4 mental effects of fraud – and how to heal after being scammed

Being scammed can significantly impact mental health, leading to feelings of anxiety, shame and a loss of trust.

The Independent UK

Lloyds account ‘will help empower affluent customers to reach financial goals’

The bank said the Lloyds Premier account is a ‘strategically important milestone’ in its growth ambitions for affluent customers.

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