Lloyds Banking Group

Lloyds Banking Group, owner of Bank of Scotland and Scottish Widows, has reported a surge in its pre-tax profits for the third quarter to £1.86 billion from £576 million in the same period a year ago, a figure slightly surpassing the £1.82bn City analysts had forecasted.

Lloyds Banking Group has announced the closure of 35 more branches, confirming the termination of face-to-face services in a total of 155 sites by the end of 2023 and an additional 75 in 2024, impacting several areas including Scotland.

Business confidence in Scotland fell 18 points during July to 32%, according to the latest Business Barometer from Lloyds Bank Commercial Banking. Companies in Scotland reported lower confidence in their own business prospects month-on-month, down 11 points at 41%. When taken alongside their optimis

Lloyds Banking Group, owner of the Bank of Scotland, has reported a surge in half-year profit despite facing a slowdown in the second quarter due to increased competition for mortgages and savings, as well as higher provisions for bad loans.

Scottish firms are taking the lead in the UK when it comes to investing in workforce training and development, with over half (56%) planning to upskill their teams over the next six months, according to research from Lloyds Bank. This commitment to workforce development outpaces all other regions an

Bank of Scotland owner Lloyds Banking Group and Barclays have announced the closure of 63 branches across the UK, 18 of which are located in Scotland.

Lloyds Banking Group has reported a pretax profit of £2.3 billion for Q1 2023, surpassing analyst expectations and marking a significant increase from the £1.5bn in Q1 2022.

Lloyds Banking Group and homelessness charity Crisis have joined forces in a new two-year partnership to help tackle the shortage of good quality, affordable homes in Great Britain, which is leaving hundreds of thousands of people trapped in homelessness.

Business confidence in Scotland rose four points during February to 14%, according to the latest Business Barometer from Bank of Scotland Commercial Banking.

Bank of Scotland owner Lloyds Banking Group has appointed Jackie Leiper as the new chair of its Scottish Executive Committee. Alongside a team of experts, Ms Leiper will represent the group in Scotland and work with politicians, regional business leaders, community networks and charities to help add

Lloyds Bank has appointed Jamie Kemp to the role of invoice finance area director for Scotland and the North East, as it strengthens its support for businesses across the region. Mr Kemp has over 11 years of experience in the finance sector, with experiencing spanning across retail, private and comm

Bank of Scotland owner Lloyds has reported a 26% drop in profits in its Q3 results as it braces for more defaults on bad loans. Profits were down to £1.5 billion, lower than the average forecast of £1.8bn as analysts expected a significantly small drop in profits of around 9.5%. However,

Britain's biggest banks are expected to report profits of £33 billion when they reveal their third-quarter results next week. The figures from Lloyds Banking Group, NatWest Group, Barclays and HSBC are expected to show their combined profits rising from £25 billion in 2019 to £33 b

Business confidence in Scotland rose 10 points during September to 15%, ending three consecutive months of decline, according to the latest Business Barometer from the Bank of Scotland Commercial Banking.

According to new data from Lloyds Bank, 9 out of 10 in-person transactions are now made with contactless, a rise from 65% to 87%. In April 2020 – during the pandemic – the contactless limit was increased from £30 to £45, rising to £100 in October 2021. These higher limi