Lloyds Banking Group

British financial institution

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Lloyds Banking Group plc is a British financial institution formed through the acquisition of HBOS by Lloyds TSB in 2009. It is one of the UK's largest financial services organisations, with 30 million customers and 65,000 employees. Lloyds Bank was founded in 1765 but the wider Group's heritage extends over 320 years, dating back to the founding of the Bank of Scotland by the Parliament of Scotland in 1695.

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Lloyds banks record profits but sets aside £450m to cover car finance probe Lloyds Banking Group has revealed record annual profits but also a provision of £450m to cover potential costs from a regulatory probe into car loan practices. Sky News - Published on February 22, 2024
Lloyds Banking Group to cut 1,600 jobs as it shifts towards online banking Lloyds Banking Group is to cut about 1,600 jobs across its branch network as it continues to shift its business towards online banking. Sky News - Published on January 25, 2024
Dozens of Lloyds, Halifax and Bank of Scotland branches to shut - is yours on the list? Lloyds Banking Group has revealed another 45 branches are to be shut amid no sign the wave of closures across the industry is nearing completion. Sky News - Published on November 30, 2023

Lloyds to give Frazer notice of £1.2bn Telegraph loan repayment Ministers will be given notice on Wednesday that the Barclay family is ready to repay a £1.16bn loan to Lloyds Banking Group, paving the way for a public interest probe into the future ownership of.. Sky News - Published on November 29, 2023
Telegraph court showdown adjourned after Barclays offer Lloyds £1.16bn deal A court hearing to liquidate a Barclay family holding companies in order to smooth a sale of The Daily Telegraph is poised to be adjourned after a last-gasp offer to repay more than £1bn to Lloyds.. Sky News - Published on November 18, 2023
Daily Telegraph inches closer to sale after bank seizes control of parent firm The Daily Telegraph newspaper has inched closer to a sale after Lloyds Banking Group seized control of its parent firm over unpaid loans and placed it in the hands of receivers. Sky News - Published on June 7, 2023

Britain's biggest mortgage lender hikes bonus pool despite flat profits Lloyds Banking Group has revealed a 12% increase in its bonus pool for 2022 despite pre-tax profits remaining flat on the previous year. Sky News - Published on February 22, 2023
Another 40 bank branches to shut as Lloyds and Halifax announce closures Lloyds and Halifax have become the latest banks to announce branch closures with 40 to be axed in the face of a significant drop-off in footfall. Sky News - Published on January 20, 2023
Lloyds to close 66 branches this winter Lloyds Banking Group has announced it will close 66 branches this winter. Sky News - Published on July 26, 2022
Lloyds offers staff a one-off £1,000 payment to help with rising cost of living Lloyds Banking Group has offered tens of thousands of staff a one-off payment of £1,000 to help with the rising cost of living. Sky News - Published on June 13, 2022

Lloyds Banking Group to close 60 branches including some Bank of Scotland and Halifax locations Lloyds Banking Group has announced that it will shut 60 of its branches this year. Sky News - Published on March 23, 2022
Lloyds is shutting 48 more bank branches - is yours one of them? Lloyds Banking Group has announced the closure of 48 branches early next year adding to 100 already shutting or shut in 2021. Sky News - Published on October 20, 2021