UK business confidence stands at nine-year high – but signs of unease emerge October 14, 2024 UK business confidence has hit a nine-year high in 2024, according to a closely-watched survey, although firms' economic optimism dipped ahead of expected tax hikes in the Budget.
Lloyds boss Charlie Nunn says Meta is not doing enough to tackle scams October 13, 2024 The chief executive of Lloyds Banking Group has joined calls for technology firms like Meta to do more to clamp down on a surge in scams originating from social media.
Hotel group in £118m lawsuit against Lloyds over alleged mistreatment October 8, 2024 Luxury hotel chain Macdonald Hotels is suing the Scottish subsidiary of Lloyds Bank as it claims it was "seriously wronged' by the bank, resulting in it losing out on millions of pounds
Lloyds, Barclays and Natwest could weather Labour tax raid, analysts say September 10, 2024 Lloyds, Barclays and Natwest would see their 2024 profits fall by “low single digits” if the Labour government decides to raise taxes on banks in October’s Budget, according to Bloomberg Intelligence. Bloomberg analysts said Lloyds Banking Group and Natwest would likely offset the hit to their profits by repricing their loans, while they did not [...]
Profit slumps by over £400m at Lloyds-owned car leasing firm August 27, 2024 Profit at the car leasing company owned by Lloyds Bank slumped by more than £400m during 2023, it has been revealed. Lex Autolease, which is headquartered in London, has posted a pre-tax profit of £124.4m for its latest financial year, according to newly-filed accounts with Companies House. The new total comes after the business posted [...]
Watkin Jones: Property developer lowers profit guidance warning of ‘slow’ outlook August 21, 2024 Property developer Watkin Jones has warned investors that a “slower than expected” summer market and “uncertainty” over the pace of interest rate cuts will weigh on its full year results, as it lowered profit guidance. In a trading update, the Aim-listed firm, which in its half-year results in May returned to profit thanks to a [...]
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.
FTSE 100 bounces back into green after tech sell-off July 26, 2024 FTSE 100 stocks have taken a dive this morning after a set of poor earnings reports and American markets suffering their worst day in two years.
Lloyds Bank profit slides as interest rate boom slows July 25, 2024 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 [...]
Metro Bank revives multibillion-pound mortgage sale after rescue July 8, 2024 Metro Bank has revived a plan to sell a multibillion-pound chunk of its mortgage book after being rescued from potential collapse last year.