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The Latest Breaking News from Lloyds Banking Group

Halifax and Lloyds to close 40 banks including two in North East - see full list here

Lloyds Banking Group, which owns both high street banks, said the branches to be closed have seen the number of visits drop by about 60% in the last five years

Chronicle Live

Lloyds and Halifax to close 40 bank branches in England and Wales

Full list of site closures, which will start in April and carry on through into June this year

The Guardian - UK

Lloyds and Halifax to shut 40 more banks this year - see full list of branches

Lloyds Banking Group, which owns both banks, will shut 22 Lloyds branches and 18 Halifax sites - see the full list of affected towns and cities below

Daily Mirror

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Full list of Halifax and Lloyds bank branches closing - and when they will shut

Lloyds Banking Group, which owns both high street banks, is to close 18 Halifax sites and 22 Lloyds branches

Wales Online

Warning to Lloyds, BoS and Halifax customers over changes to service

Customers could reportedly be divided into tiers by Lloyds Banking Group based on how profitable they are, which could affect the level of service they receive

Evening Standard

Warning issued to 10 million Lloyds and Halifax customers over change to services

Huge changes at Lloyds Banking Group would reportedly see customers split into a tier system based on how much profit they generate - this would then reflect into the service they receive

Daily Mirror

The support available for HSBC, NatWest, RBS, TSB, Barclays and Santander customers struggling during cost-of-living crisis

There are many ways your bank or building society could help if you’re worried about money or bills this year

Manchester Evening News

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Bank surcharge slashed but ‘so-called cut’ means 1% tax rise for sector

Lloyds Banking Group and NatWest saw shares rise by about 1.5% after the Treasury confirmed that the tax on banks’ profits would be cut from April.

The Independent UK

Scottish Widows appoints new chief executive

The appointment follows Antonio Lorenzo’s decision to retire in 2023

Insider UK

FTSE 100 Live: Amazon shares plunge, gas prices plummet 60%, Euro dips

Amazon’s slide in value and Elon Musk’s Twitter takeover have led to a dramatic few hours in Wall Street’s Big Tech sector.

Evening Standard

Benzinga's Top Ratings Upgrades, Downgrades For October 17, 2022

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Benzinga

Former shadow chancellor joins TheCityUK chair for Scottish financial services awards

Annual celebration's shortlist highlights the 'strength and diversity' of the sector

Insider UK

The City’s five biggest banker bonuses since 2006

Big paydays for the financial sector could be here again as the chancellor considers abolishing the bonus cap

The Guardian - UK

Abrdn announces pre-tax loss of £320m for first half of 2022

Investment group goes into red amid ‘market turbulence’ and withdrawal of £24bn linked to cancelled Lloyds deal

The Guardian - UK

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Evening Standard

Recession fears grow as bad debts jump at Lloyds Bank

FEARS about the UK tumbling into recession grew today when the UK’s biggest domestic bank set aside hundreds of millions of pounds to cover loan defaults.

Insider UK

Lloyds profits fall as it sets aside £377m for loan defaults over living costs

Hal-year results also reveal that customers are ditching subscription services in the face of rising inflation

The Guardian - UK

Lloyds lays bare impact of soaring inflation on everyday customers

Families spending on average £89 more a month on energy, food and fuel than before pandemic, says bank

Evening Standard

FTSE 100 Live: Fed rates rise, Lloyds and GSK lift 2022 guidance

The US Federal Reserve has increased benchmark borrowing costs by 0.75% for the second time in a row, in the latest sign of the stronger measures being taken by central banks to try and tame runaway inflation.

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news in one place.

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Manchester Evening News

Lloyds and Halifax to shut 66 branches - full list of closures

The closures will take place between October 2022 and February 2023

Birmingham Post

Full list: Lloyds bank and Halifax announce a further 66 branches set to close

Lloyds Banking Group has announced a further 66 branch closures - that's on top of closures already announced in recent months

Nottingham Post

2 Nottinghamshire bank branches confirm they will close

They're two of 66 bank branches to shut across the UK

Wales Online

Halifax and Lloyds to shut 66 more bank branches - the full list

Closures to take place later this year and into 2023

Daily Mirror

Lloyds and Halifax to shut another 66 bank branches later this year - see full list

Lloyds Banking Group will close 48 Lloyds Bank branches and 18 Halifax outlets between October 2022 and February 2023. See the full list of affected places below

Wales Online

Six high street banks broke strict competition rules and 'let customers down'

Bank of Ireland, Barclays, HSBC, Lloyds Banking Group, Metro Bank and NatWest will make changes, the Competition and Marketing Authority said

Daily Record

The cost of living support that banks across the UK are offering

Most banks are providing guidance as well as online tools that can help you manage your money.

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