Lloyds Banking Group

Following growing criticism, high street banks have backtracked on loan requirements which insisted that business owners provide personal guarantees for government-backed loans.

Sir John Vickers, former chairman of the Independent Commission on Banking, has called upon the Bank of England to block more than £7.5 billion of dividends to be paid out by banks. The call, adds to the mounting pressure on the bank's governor, Andrew Bailey, to force banks to scrap payout pl

Lloyds Banking Group announced yesterday that it has allocated up to £2 billion of arrangement fee-free finance assigned to specifically support UK SMEs to ensure that they have access to additional finance to overcome any impact COVID-19 causes to their cashflow. The group said that its relat

Lloyds Bank has informed its workforce that it will be cutting 780 full-time branch jobs in its latest round of staff cuts.

Lloyds Banking Group has reported a sharp drop in profits to £4.4 billion before tax, down from nearly £6 billion in 2018.

As Lloyds Banking Group prepares to post its final PPI bill this week, analysts estimate that Lloyds will be hit by a £2.5 billion charge for 2019.

A review investigating how much senior management at Lloyds Banking Group knew about the HBOS Reading Scandal has been delayed for a year. Dame Linda Dobbs, who is conducting the review, has delayed the date for report the until the second half of 2020 or even later due to the volume of work involve

Lloyds Bank has issued a memo on staff treatment due to a drastic rise in complaints to one of its employee unions concerning working conditions across is declining banking network.

Lloyds Banking Group will be closing 56 more branches across the UK this year, with 15 Bank of Scotland branches to close in Scotland. 

Mid-market private equity firm LDC said it would seek to increase its investment in UK companies to reach £1.2 billion during 2020, with Scotland being a strategic focus for the investor. LDC, part of Lloyds Banking Group, said the role of private equity in supporting the UK’s small and

Lloyds Banking Group has said it will write off tens of millions of pounds of debts to almost 200 fraud victims who were hit by the HBOS scandal.

Lloyds Banking Group has pledged to reduce the carbon emissions it finances by over 50% by 2030 to help finance a green future. This is the estimated equivalent of removing the emissions produced by almost a quarter of UK homes.

As part of Lloyds Banking Group’s national pledge to lend up to £18 billion to UK businesses in 2020, the group will support firms in Scotland with up to £1.6bn of lending this year. The group said this promise highlights its commitment to be by the side of British business whateve

Lloyds Banking Group has announced that it will award £35,000 to almost 200 fraud victims who suffered at the hands of the HBOS Reading scam. The announcement to award the victims comes after the group was criticised for the way it handled treated small business owners whose livelihoods were a

Overall business confidence rose for the fourth consecutive month in December, with Scotland reporting an increase to 11%, according to the latest findings from the Lloyds Bank Commercial Banking Business Barometer.