Lloyds Banking Group

Lloyds Banking Group to let customers set their own contactless limits

Bank of Scotland-owner Lloyds Banking Group has announced that it will allow its customers to set their own contactless spending limits after concerns over fraud were voiced by some of its customers.

Published 27 September 2021

Scotland to drive UK's transition to net-zero, new report finds

Scotland is set to drive economic growth in the UK’s transition to net zero emissions, according to The Green Growth Index produced by Lloyds Banking Group and Oxford Economics.

Published 2 September 2021

Pilot programme for sharing bank branches extended by UK lenders

A pilot scheme trialling shared bank branches in Essex and Cambuslang have been extended until 2023.

Published 18 August 2021

Dundee-based Embark Group sold to Lloyds Banking Group for £390m

Dundee fintech Embark Group Limited (EGL) has been sold to Bank of Scotland owner Lloyds Banking Group for a consideration of £390 million.

Published 30 July 2021

Bank of Scotland owner Lloyds Banking Group sees profits rise to £3.9bn

Bank of Scotland owner Lloyds Banking Group has posted a statutory profit before tax of £3.9 billion for the six months to the end of June.

Published 29 July 2021

A third of small businesses still unaware of bounce back loan repayment options

A year on from the launch of the Bounce Back Loan Scheme (BBLS), almost one in three (29%) small and medium-sized businesses who took out a loan are not aware of the Pay As You Grow (PAYG) options, according to research by Bank of Scotland owner Lloyds Bank.

Published 12 May 2021

Bank of Scotland owner posts £1.9bn pre-tax profits for first quarter of 2021

Bank of Scotland owner Lloyds Banking Group has posted £1.9 billion of pre-tax profits for the first quarter of this year, as the group released some of the provisions it had made for potential loan losses after the coronavirus outbreak.

Published 28 April 2021

Lenders prepare to launch new low deposit mortgages

Mortgage lenders in the UK are preparing to launch a wave of ultralow deposit deals on to the market.

Published 15 April 2021

Bank of Scotland: Scotland wants to cut the carbon – but it’s a struggle

Carbon emissions in Scotland dropped by 13% during the pandemic compared to the year before, according to an analysis compiled by Bank of Scotland owner Lloyds Banking Group in partnership with the Carbon Trust.

Published 9 April 2021

Lloyds Banking Group delivers £9bn to social housing sector in just three years

Bank of Scotland owner Lloyds Banking Group has delivered £9 billion to the UK's social housing sector in three years.

Published 10 March 2021

Lloyds Banking Group to cut office space by 20%

Bank of Scotland owner Lloyds Banking Group is set to cut its space by 20% over the next two years as working from home looks to become a permanent lifestyle change.

Published 25 February 2021

Lloyds Bank resumes dividend despite 72% drop in profits

Bank of Scotland owner Lloyds Banking Group has resumed dividend payments despite reporting a 72% drop in profits.

Published 24 February 2021

CMA writes to Lloyds Banking Group over breaches of the PPI Investigation Order

The Competition and Markets Authority (CMA) has written to Bank of Scotland owner Lloyds Banking Group over its breaches of the Payment Protection Insurance (PPI) Market Investigation Order 2011 which the CMA were notified about in September last year.

Published 4 February 2021

Bank of Scotland introduces new mortgage deal for borrowers with low deposits

Lloyds Banking Group, which owns Halifax and Bank of Scotland, has introduced new home-mover house purchase mortgages for borrowers with deposits as low as 10%.

Published 29 January 2021

Lloyds reveals plans to boost Scotland's fintech workforce

Bank of Scotland owner Lloyds Banking Group has unveiled the next stage of its plan to boost Scotland’s fintech workforce in the fastest-growing digital economy outside London.

Published 13 January 2021