Lloyds Banking Group

Bank of Scotland owner Lloyds Banking Group has delivered £9 billion to the UK's social housing sector in three years. Since 2018, the bank has provided £9bn of funding to the UK’s social housing sector, outstripping its original £2.25bn funding commitment by £6.75bn ov

Bank of Scotland owner Lloyds Banking Group is set to cut its space by 20% over the next two years as working from home looks to become a permanent lifestyle change. Lloyds decided to cut its office space after 77% of its 68,000 employees said they wanted to work from home for three or more days a w

Bank of Scotland owner Lloyds Banking Group has resumed dividend payments despite reporting a 72% drop in profits. For the year ended 31 December 2020, the bank's profits dropped to £1.2 billion, down from £4.39bn last year. Lloyds Banking Group has also allocated £4.bn to cover fu

The Competition and Markets Authority (CMA) has written to Bank of Scotland owner Lloyds Banking Group over its breaches of the Payment Protection Insurance (PPI) Market Investigation Order 2011 which the CMA were notified about in September last year. The notification came seven years after the ban

Lloyds Banking Group, which owns Halifax and Bank of Scotland, has introduced new home-mover house purchase mortgages for borrowers with deposits as low as 10%. The deals will expand the banks’ low deposit offering beyond only first-time buyers, to existing homeowners looking to move.

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. As part of the launch of its new tech hub in Edinburgh in March 2019, Lloyds announced a recruitment drive to create

Shoe retailer Schuh has secured a £19 million finance facility with Bank of Scotland owner Lloyds Banking Group. The funding has been secured through the Treasury's coronavirus large business interruption loan scheme (CLBILS).

Lloyds Banking Group has urged Scotland to take a local approach to its economic recovery from the coronavirus pandemic. The bank has unveiled its new report, The Big Conversation: Helping Britain Recover, which harnesses insights gathered from business leaders, policy-makers, and community leaders

Life organisation and legacy planning platform Legado has been included as a finalist in the Lloyds Banking Group’s innovation programme. LAUNCH Innovation Lab, powered by Lloyds Banking Group, seeks to identify new and leading-edge businesses that have created solutions which can su

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. The mortgages will be available for first-time buyers from the group’s Lloyds Bank and Halif

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. The initiative builds on the success of a 2019 pilot, also delivered in partnership with Visa, and could be extended further if successfu

Bank of Scotland owner Lloyds Banking Group has appointed Charlie Nunn as its new group chief executive officer and executive director. Mr Nunn is currently global chief executive, wealth and personal banking at HSBC. Since joining HSBC in 2011, Mr Nunn has held a range of leadership positions

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. However, also found that emissions rose 26% in Scotland between the second and third quarter of the year as spending increased on

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. The cuts will mainly affect staff working in the bank's transformation and retail banking teams but will see no further branches close

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. The bank, which is the UK's largest mortgage lender said mortgage lending rose by £3.5bn in the third quarter of this year, as it pro