Lloyds Banking Group

Bank of Scotland owner Lloyds Banking Group (LBG) has announced it will be cutting jobs as part of its major restructuring programme announced in November last year. The cuts will mainly affect staff working in the bank's transformation and retail banking teams but will see no further branches close

Lloyds Banking Group has beaten forecasts as it posted pre-tax profits of £1 billion, compared with a £676 million loss in the three months to June. The bank, which is the UK's largest mortgage lender said mortgage lending rose by £3.5bn in the third quarter of this year, as it pro

Staff at Lloyds Banking Group will be told to work from home until at least next spring to reduce the spread of COVID-19.

Bank of Scotland owner Lloyds Banking Group is resuming its restructuring programme which will see it cut 865 jobs across the UK.

The Competition and Markets Authority (CMA) has stopped Bank of Scotland owner Lloyds Banking Group from forcing small business customers to open paid-for business current accounts when taking out emergency coronavirus Bounce Back Loans.

Significant easing of lockdown restrictions across the UK in July pushed non-essential spending back to levels seen a year ago, according to the latest spending data from Lloyds Bank.

UK businesses outperformed their international counterparts on a series of metrics tracking recovery from COVID-19 during July, according to Lloyds Bank.

Six businesses from across Scotland have scooped seven shortlist nominations for this year’s Lloyds Bank National Business Awards after an expert panel deemed them to be among the best in Britain.

Lloyds Banking Group, the owner of Bank of Scotland, has posted a £602 million pre-tax loss for the first half of this year, as the bank set aside £2.4 billion for bad loans. António Horta-Osório, chief executive of Lloyds, said that the coronavirus pandemic had a "profound

Essential spending in June returned to levels seen in 2019 as the UK continues to emerge from lockdown life, according to the latest data from Lloyds Bank.

The Competition and Markets Authority (CMA) has written to Lloyds Banking Group and Nationwide about their non-compliance with the Payment Protection Insurance (PPI) Market Investigation Order of 2011.

Lloyds Banking Group has announced that its chief executive António Horta-Osório will step down in June next year after ten years in the role. Banking industry veteran Robin Budenberg will step up as the bank's new chairman after Horta-Osório's departure.

Lloyds Bank has announced plans to move further into wealth management and insurance services in its next strategy update.

Lloyds Bank International has announced that it will be cutting 80 jobs as investment management firm Brooks Macdonald has purchased part of the business. The cuts will be made across various teams based in Jersey, Guernsey and the Isle of Man.

Spending on non-essential items improved in May signalling an increase in consumer confidence, according to the latest data from Lloyds Bank.