Lloyds Bank profit slides as interest rate boom slows Banking Lloyds Banking Group recorded a slide in profit in the first half of the year after a surge in costs and a slowdown in the amount of cash it was making on the back of interest rates. The group – which owns Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows – reported a pretax [...]
British Cycling and Lloyds Bank announce long-term partnership on ya bike! British Cycling and Lloyds Bank have announced a long-term deal which will see the high street bellwether feature as a lead partner of the two-wheeled discipline. As part of the deal Lloyds will become the title sponsor of the Tour of Britain with their logo on the Great Britain Cycling Team. It is understood to [...]
Lloyds Bank and Nationwide hit by online issues as Microsoft reports outage Banking Lloyds Bank and Nationwide have apologised to customers for issues affecting their online services amid a report from Microsoft about a fresh outage that affected its public cloud computing platform.
Lloyds Bank urges Premier League football fans to avoid ticket scams August 3, 2024 Football fans are being warned by Lloyds Bank to watch out for ticket scams, after it recorded a jump in cases.
Lloyds Bank private equity arm exits London-based tech firm January 25, 2024 Lloyds Bank’s private equity arm LDC has exited its investment in London-based cloud and digital services provider Kerv after three years in the firm. As part of the transaction, Bridgepoint Development Capital has invested in Kerv for a majority shareholding and LDC has reinvested £30m to support the continued growth of the business. Within the [...]
From Lloyds Bank to UK Finance, here’s who’s paying for the City of London Police May 10, 2024 A series of funding deals between private entities and City of London Police to help fight fraud highlights the ongoing funding pressures faced by the police force, experts have said.
Lloyds Bank hires Amazon Web Services exec for first new AI director role August 5, 2024 Like many other businesses, banks are looking to use AI to improve stagnant productivity growth and cut costs.
Former Lloyds Bank manager wrongfully dismissed for saying racist word awarded £800k January 11, 2024 A former employee of Lloyds Bank who was fired for using a racist word has been awarded almost £800,000 by the the Employment Tribunal for being wrongfully dismissed.
Morning in the City: Live news and updates on Nationwide, Lloyds Bank and the rich list May 19, 2023 Good morning and welcome to the City A.M. Live blog on Friday 19 May. We bring you update from Nationwide Building Society, Lloyds Bank’s new report saying Britain is powering away from a dreaded recession, and GFK consumer figures.
Lloyds Bank orders staff to return to the office ‘at least’ two days a week April 28, 2023 Hybrid workers will have to spend at least two days a week in the office, Lloyds has told staff, with “card swipe data” used to monitor their return.