Lloyds Banking Group

Bank of Scotland-owner Lloyds Banking Group has reported a significant 20.4% drop in annual pre-tax profit, falling short of market expectations. The UK's largest mortgage lender posted a profit of £5.97 billion for 2024, down from £7.5bn in 2023, missing analysts' forecasts of £6.

Lloyds Banking Group has put thousands of IT jobs under review as it seeks to modernise its digital banking services and compete with fintech rivals. The bank informed around 6,000 tech and engineering staff that their roles are at risk of redundancy, but will increase by 1,200, City AM reports.

The Scottish Borders benefited from an economic boost of nearly £2.5 million from hosting a stage of the 2024 Lloyds Bank Tour of Britain Men, according to research by YouGov.

Bank of Scotland-owner Lloyds Banking Group has confirmed it will close a further 136 branches by March next year, citing a significant shift towards digital banking among its customers.

Lloyds Banking Group, owner of Bank of Scotland and the UK's largest retail lender, has announced plans to transform its Edinburgh city centre site into a state-of-the-art innovation hub.

Lloyds Banking Group, owner of Bank of Scotland and the UK's largest retail lender, is set to axe hundreds of jobs, as part of a major restructuring effort. The bank aims to cut costs and digitise its operations, leading to changes affecting over 1,000 roles.

Bank of Scotland-owner Lloyds Banking Group has announced it will allow customers of its three brands – Lloyds, Halifax, and Bank of Scotland – to use any branch regardless of which brand they bank with. The group claims the move will offer greater choice and flexibility, although it has

Lloyds Banking Group has exceeded profit expectations, reporting pre-tax profits of £1.8 billion for the third quarter.

A black bank manager, Dale Semper, has settled a £1 million lawsuit against the Metropolitan Police after being wrongly accused of gun crime in 2017. Mr Semper, who was handcuffed and had his home searched, alleged racial profiling and the incident's devastating impact on his career and mental

Concerns have been raised regarding the inquiry into a £1 billion banking fraud case at HBOS, after it was revealed that evidence is still being received in its eighth year. Former high court judge Dame Linda Dobbs, who was appointed in 2017 to investigate Lloyds Banking Group's alleged cover-

Lloyds Banking Group has announced it is increasing its maximum loan-to-income ratio for first-time buyers from 4.49 to 5.5. Through Lloyds Bank and Halifax, the 'First-time Buyer Boost' is a new step in the group’s efforts to help more customers buy their own homes.

Bank of Scotland-owner Lloyds Bank has warned of a rising scam which has costing victims an estimated £6.6 million so far, where rogue retailers are using fake websites to trick people into purchasing items that are never dispatched. Tens of thousands of credit and debit card customers ha

Detached homes are the most popular among people moving home as buyers seek more privacy and space, according to the latest Lloyds Bank Home Mover Review.

Lloyds Banking Group reported a half-year pretax profit of £3.32 billion, a decline from the previous year due to increased costs and shrinking net interest income.

Decommissioned data centres and former office sites belonging to Bank of Scotland-owner Lloyds Banking Group are to be redeveloped into new social housing projects. The group announced today that it plans to identify suitable housing partners in the regions who will be responsible for redeveloping t