Lloyds Banking Group has announced it is strategically enhancing its artificial intelligence (AI) capabilities by training 200 senior leaders through an intensive 80-hour programme – "Leading with AI". Delivered in partnership with training provider Cambridge Spark and experts from Cambridge U
Lloyds Banking Group
HM Revenue & Customs (HMRC) is set to replace Barclays with Bank of Scotland-owner Lloyds Banking Group in a significant government banking contract, ending a ten-year agreement. The move, worth £99 million to Lloyds, comes as HMRC awards a new £334m, 12-year contract to a consortium
Thousands of Nationwide, TSB, and Bank of Scotland-owner Lloyds Banking Group customers across the UK experienced significant disruption on Friday morning as a technical fault rendered their mobile banking apps inaccessible. Downdector recorded a surge of over 4,000 reports of issues, affecting user
Lloyds Bank's top executives are set to receive substantial bonuses, despite the lender's recent financial results and ongoing branch closures. Chief executive Charlie Nunn will receive a £1.1m bonus, with finance boss William Chalmers set for £812,014, according to the bank's annual rep
Scottish business confidence has experienced a significant uplift, rising 11 points to 53% in February, according to the Bank of Scotland's latest Business Barometer. While companies in Scotland reported lower confidence in their own business prospects month-on-month, down three points at 50%, their
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-