Lloyds Banking Group

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

Lloyds Banking Group has announced it is shutting down 60 more branches, with 15 of them being Bank of Scotland outlets. This is part of a larger plan to close 190 branches this year and 47 more in 2025. The bank attributes this to the increasing popularity of digital banking, stating that usage of

A financial model implemented by Lar Housing Trust is a proven blueprint to help tackle Scotland's current housing crisis, the charity has said. Launched in autumn 2015, Lar uses loan-based finance rather than traditional grant funding to provide affordable housing developments. The Scotland-wide or

Scottish housing charity Lar Housing Trust has received commendation from a major City figure for its work in repurposing derelict buildings into affordable homes. Bank of Scotland-owner Lloyds Banking Group's chief executive, Charlie Nunn, recently visited Lar's latest project in Glasgow, which is

Bank of Scotland-owner Lloyds Banking Group has reported a pre-tax profit of £1.6 billion for the first quarter of 2024, marking a 28% decrease from the same period last year when it reported £2.3bn in profits. This decline follows the banking giant's record-breaking annual pre-tax profi

Responsible finance provider Social Investment Scotland (SIS) is spearheading a new £62 million investment fund aimed at supporting small businesses in England and Wales, boosting local jobs and economic activity. Many small businesses access finance from socially motivated lenders such as Com