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The Latest Breaking News from Lloyds Banking Group

Telegraph owners deny business poised for administration due to unpaid loans

Lloyds Banking Group is said to be threatening to call in administrators for the parent firm of the Telegraph newspapers as it looks to recover loans.

The Independent UK

Telegraph parent company faces being put into administration

Speculation revived about ownership of media group as talks with Lloyds over £65m loans break down

The Guardian - UK

Barclays, Lloyds, Halifax and Bank of Scotland to close 63 branches

Among them, 17 Bank of Scotland branches will close between September and next May

Insider UK

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read the most diverse news in one place.

Barclays, Lloyds, Halifax and Bank of Scotland announce 63 branch closures

More and more customers are switching to online banking, reducing the need for branches to remain open

The Independent UK

Detached homes account for nearly a third of home-mover purchases, says Halifax

Homes which were detached accounted for 32% of property purchases in the 12 months to March among existing homeowners with a mortgage, Halifax said.

The Independent UK

Lloyds faces pressure from staff over ‘attack’ on flexible working

Union members and Extinction Rebellion campaigners both disrupted the bank's AGM

Insider UK

Three Scottish Barclays stores to close as 110 UK branches shut this year

Barclays Bank has announced it will be shutting a further 15 stores in 2023, taking its total number of closures for the year to 110.

The National (Scotland)

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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

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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Birmingham Post

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

Settld convinced judges in the 'Grow with Purpose’ competition

The Independent UK

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.

Evening Standard

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.

The Independent UK

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.

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Insider UK

Hampden & Co makes two c-suite appointments

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

Daily Mirror

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 Record

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.

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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