Lloyds Banking Group

Bank of Scotland owner Lloyds Banking Group has posted statutory profits after tax of £5.9 billion in 2021. The group has highlighted a 'solid' net income of £15.8bn, up 9% for the year, with an underlying net interest income of £11.2bn. Underlying other income has also increased b

The number of UK sectors reporting output growth rose in January as supply conditions improved, according to the latest Lloyds Bank UK Recovery Tracker. However, businesses continued to face significant cost inflation, which translated into a record uptick in selling prices among service sector firm

The number of people who fell victim to a romance scam increased by more than 16% over the last year, according to new data from Lloyds Bank.

Bank of Scotland-owner Lloyds Banking Group is considering lending more to mortgage customers whose prospective homes are well-insulated, in an attempt to reflect how energy bills are an increasing burden on household finances.

New research from Lloyds Bank Business has found that just 1 in 10 (12%) small businesses in the UK went online as a direct result of the pandemic.

Customers of Bank of Scotland owner Lloyds Bank spent a fifth more on household energy (24%) and fuel (20%) in the last fortnight, according to the latest analysis of the bank’s debit card spend. Across the UK, people spent a fifth (20%) more at petrol stations in the past two weeks, compared

More UK financial institutions are targeting acquisitions and partnerships with fintech firms to boost their position in a growing market, according to a report from Bank of Scotland owner Lloyds Bank. More than two fifths (46%) of financial services firms plan to grow investment in their fintech ca

Financial services firms are upping their efforts to tackle climate change and become more environmentally sustainable, as the UK prepares to host the COP26 summit in Glasgow, according to a report from Bank of Scotland owner Lloyds Bank. Almost twice as many UK financial institutions consider envir

Bank of Scotland-owner Lloyds Banking Group has announced that it will allow its customers to set their own contactless spending limits after concerns over fraud were voiced by some of its customers. In August, the Treasury announced that the contactless spending limit would be increased to £1

Financial wellbeing is the top priority (57%) for Brits ahead of physical, intellectual and social wellbeing. Yet only around half (55%) feel comfortable regularly checking their bank statements, according to new research from Bank of Scotland owner Lloyds Bank. The bank is encouraging consumers to

Scotland is set to drive economic growth in the UK’s transition to net zero emissions, according to The Green Growth Index produced by Lloyds Banking Group and Oxford Economics. The report suggests that at least £1.4 trillion will need to be invested in the UK economy between 2020 and 20

Bank of Scotland owner Lloyds Bank is planning to become one of the UK's biggest landlords as it aims to purchase 50,000 homes in the next ten years. The lender plans to charge tenants rent as a private landlord under its recently launched Citra Living brand.

The number of UK sectors reporting output growth was not unanimous for the first time since March in July, as food and drink manufacturers wrestled with labour shortages and healthcare firms faced weaker demand, according to Bank of Scotland owner Lloyds Bank's UK Recovery Tracker. Momentum in the U

A pilot scheme trialling shared bank branches in Essex and Cambuslang have been extended until 2023. The project, launched by the Access to Cash Action Group has seen lenders operate shared "bank hubs" in an attempt to preserve access to cash for older and more vulnerable people.

Dundee fintech Embark Group Limited (EGL) has been sold to Bank of Scotland owner Lloyds Banking Group for a consideration of £390 million.