The amount spent by consumers on Black Friday has soared by 20% in three years according to the latest spending data from Bank of Scotland owner, Lloyds Bank.
Lloyds Bank
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.
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.
Lloyds Bank has announced plans to move further into wealth management and insurance services in its next strategy update.
Spending on non-essential items improved in May signalling an increase in consumer confidence, according to the latest data from Lloyds Bank.
The Financial Conduct Authority (FCA) has fined Lloyds Bank, Bank of Scotland and The Mortgage Business a total of £64,046,800 for failures in relation to their handling of mortgage customers in payment difficulties or arrears.
Lloyds Bank has informed its workforce that it will be cutting 780 full-time branch jobs in its latest round of staff cuts.
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.
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.
Whilst three in four people in the UK who plan to purchase gifts for Christmas do so with a specific budget in mind, research by Lloyds Bank has shown that, despite their good intentions, nearly half (48%), still expect to overspend.
Business confidence in Scotland decreased by nine points within a month to minus 9%, the Bank of Scotland Business Barometer has indicated.
Sarah Deaves, private banking director at Lloyds Bank The average annual fee for private schooling in Scotland stands at £10,773, up 19 per cent from £9,048 in 2010, according to new analysis from Lloyds Bank.