Lloyds Banking Group

Lloyds reveals plans to boost Scotland's fintech workforce

Bank of Scotland owner Lloyds Banking Group has unveiled the next stage of its plan to boost Scotland’s fintech workforce in the fastest-growing digital economy outside London.

Published 13 January 2021

Schuh secures £19m funding from Lloyds

Shoe retailer Schuh has secured a £19 million finance facility with Bank of Scotland owner Lloyds Banking Group.

Published 16 December 2020

Lloyds Bank: Local approach is vital for Scotland's economic recovery

Lloyds Banking Group has urged Scotland to take a local approach to its economic recovery from the coronavirus pandemic.

Published 11 December 2020

Legado listed as finalist in Lloyds Banking Group innovation programme

Life organisation and legacy planning platform Legado has been included as a finalist in the Lloyds Banking Group’s innovation programme.

Published 10 December 2020

Lloyds reintroduces 10% mortgages

Bank of Scotland owner Lloyds Banking Group has announced that it is reintroducing 10% deposit mortgage deals after COVID-19 crisis saw banks and building societies cut such deals from their offerings.

Published 4 December 2020

Lloyds launches new cashback initiative with local retailers

Bank of Scotland owner Lloyds Banking Group has joined forces with 500 UK retailers to offer cashback services in communities where cash availability is low.

Published 1 December 2020

Charlie Nunn appointed as chief executive of Lloyds Bank

Bank of Scotland owner Lloyds Banking Group has appointed Charlie Nunn as its new group chief executive officer and executive director.

Published 30 November 2020

Carbon emissions in Scotland drop by 10% in 2020, Lloyds finds

Analysis by Bank of Scotland owner Lloyds Banking Group and the Carbon Trust has found that carbon emissions in Scotland are down 10% compared to the same time last year.

Published 13 November 2020

Bank of Scotland owner Lloyds announces over 1,000 new job cuts

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.

Published 5 November 2020

Lloyds Bank posts pre-tax profits of £1bn in third quarter

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.

Published 29 October 2020

Lloyds Bank staff to work from home until spring

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

Published 26 October 2020

Lloyds cuts 865 jobs as it resumes restructuring programme

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

Published 10 September 2020

CMA stops Bank of Scotland / Lloyds bundling business accounts with COVID-19 loans

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.

Published 9 September 2020

Lloyds allocates £2.4 billion for bad COVID-19 loans

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.

Published 30 July 2020

Lloyds and Nationwide breach PPI Order

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.

Published 8 July 2020