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The Latest Breaking News from Lloyds Banking Group

Lloyds Banking Group beats profit forecasts as lenders now look toward BOE rate hike

The UK’s biggest single mortgage lender is the latest bank to beat profit forecasts

Evening Standard

CBI suspends policy and membership activities after exodus

A second unnamed employee alleged that she had been raped by a colleague in an article on Friday

Insider UK

Not-for-profit lettings agency will help ease ‘chronic lack’ of affordable homes

Lloyds Banking Group said fundraising will support Crisis to develop and launch a new not-for-profit lettings agency.

The Independent UK

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Why you should care about bumper bank profits

The Bank of England has raised interest rates 11 times since December 2021 but, while this may boost bank profits, it is less likely to boost many people’s bank balances.

The Conversation

HSBC extends deadline for customers to secure bigger interest-free overdraft

HSBC customers now have until 10 May to increase their interest-free overdraft limit from £25 to £500. Lloyds, Nationwide and First Direct also offer similar support. We explain everything you need to know

The Money Edit

Lloyds announces branch in Carlton among dozens of banks to close

No jobs will be lost

Nottingham Post

NatWest and Lloyds to axe a further 81 bank branches

Banks say customers are rejecting traditional counter services in favour of online banking

The Guardian - UK

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Co-founder of bereavement tech firm wins prize after impressing banking bosses

Settld convinced judges in the 'Grow with Purpose’ competition

Birmingham Post

Banking giants asked to explain why some savings rates remain so low

The Treasury Committee is asking major banks for a breakdown of the revenue and profits generated from their savings products.

The Independent UK

FTSE 100 Live: Lloyds posts annual results, Rio Tinto cuts dividend

Lloyds Banking Group today revealed unchanged annual profits of £6.9 billion as the lender benefited from a year of rising interest rates.

Evening Standard

Bosses of major banks defend branch closures to MPs

Chief executives from NatWest Group, Barclays UK, HSBC UK and Lloyds Banking Group appeared before the Treasury Committee.

The Independent UK

Hampden & Co makes two c-suite appointments

New chief risk officer and general counsel poached from Lloyds and Aegon, respectively

Insider UK

Barclays announces closure of 15 branches across UK - see if your bank is affected

The 15 branch closures from Barclays comes days after NatWest said it is closing 23 branches, and over a week since Lloyds Banking Group said it is shutting 40 Halifax and Lloyds sites

Daily Mirror

Bank issues urgent scam payment warning after new surge in people being asked for money upfront

The number of ‘advance fee’ frauds reported to Lloyds Banking Group has jumped by 82% in the last 12 months.

Daily Record

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Insider UK

Lloyds Banking Group appoints pensions expert as Scottish chair

Promotion comes as Philip Grant retires after 40 years' service

Manchester Evening News

All the Halifax and Lloyds branches set to close - including two in Greater Manchester

18 Halifax sites and 22 Lloyds branches will close over the coming months

Chronicle Live

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

The Guardian - UK

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

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Daily Mirror

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

Wales Online

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

Evening Standard

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

Daily Mirror

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

Manchester Evening News

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

The Independent UK

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.

Insider UK

Scottish Widows appoints new chief executive

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

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