Lloyds Banking Group

Richard Branson and His Self-Interest Corporatist Friends Are Not Being Honest About True Cost of EU

Janice Atkinson | Posted 21.05.2013 | UK Politics
Janice Atkinson

So Messrs Branson et al, go back and do your sums. Your signatories to this letter are fighting their self-interested corporatist corner. The big energy companies are well-represented in your letter, along with others who have contracts with government or are taxpayer bailed out companies.

Why Has Lloyds Branch Sale To Co-op Collapsed?

PA/Huffington Post UK | Posted 24.04.2013 | UK

Lloyds Banking Group's sale of more than 600 branches to the Co-operative Group has collapsed. Part-nationalised Lloyds, which is being forced by Euro...

Lloyds Staff To Share £365m In Bonuses, Despite Bank's £570m Loss

The Huffington Post UK | Charlie Thomas | Posted 01.03.2013 | UK

Banking bonuses at Lloyds Banking Group were cut by 3% across the bank, following its announcement that it had made a £570 million annual pre-tax los...

Nearly 1.4m PPI Complaints Sent To Lloyds

PA | Posted 26.02.2013 | UK

Nearly 1.4 million complaints were made to Lloyds Banking Group during 2012 about payment protection insurance (PPI), figures released on Tuesday show...

PPI Redress Delays Costs Lloyds Banking Group £4.3m

The Huffington Post UK | Charlie Thomas | Posted 19.02.2013 | UK

Lloyds Banking Group has been fined £4.3 million by the Financial Services Authority for delaying claims payments for those who were mis-sold payment...

Lloyds Bonuses Will Be 'Lowest Of Any Bank'

PA | Posted 04.02.2013 | UK

Bonuses at part-nationalised Lloyds will be the lowest of any bank this year, its chairman told MPs and peers. Sir Winfried Bischoff said the bank'...

Charlie Thomas

PPI Complaints Are STILL Rising

HuffingtonPost.com | Charlie Thomas | Posted 29.01.2013 | UK

The payment protection insurance (PPI) furore is far from over, as new data from the financial ombudsman shoes almost half of the PPI complaints broug...

US Court Summons For Lloyds Banking Group Over Libor

Charlie Thomas | Posted 26.10.2012 | UK

US state prosecutors have ordered Lloyds Banking Group to court as they investigate whether it participated in any schemes to rig the London Interbank...

Charlie Thomas

'We Were Stupid, We Were Silly, Now Let's Move On'

HuffingtonPost.com | Charlie Thomas | Posted 18.10.2012 | UK

The chairmen of five of the high street's biggest banks today appealed to their industry to accept their wrongdoing and continue work to rebuild a sen...

Barclays Share Price Rises After Bob Diamond's Resignation

PA | Posted 03.07.2012 | UK

Barclays shares were nearly 2% higher as investors appeared to back Bob Diamond's decision to step down as the bank's chief executive. After a vola...

Olympics 'Will Deliver £16.5bn Boost To Economy'

PA | Posted 03.07.2012 | UK

The Olympics will deliver a £16.5 billion boost to the UK economy by 2017 and help create the equivalent of 62,200 jobs, a new report has claimed. ...

Co-operative Group On Track To Sell 632 Braches

PA | Posted 27.06.2012 | UK

A deal to sell 632 branches to the Co-operative Group is still on track, Lloyds Banking Group said on Wednesday. There had been fears the sale had ...

Cut Price Sale On Cards At Lloyds

PA | Posted 24.06.2012 | UK

Lloyds Banking Group is reportedly mulling a cut-price sale of the 632 bank branches it has to offload as a penalty for receiving state aid. The Pr...

Falling Lloyds Profits Hit By PPI Claims

PA | Posted 01.05.2012 | UK

Taxpayer-backed Lloyds Banking Group revealed lower-than-expected profits on Tuesday after it took an additional £375 million hit to cover payment pr...

Banks Sign Up To 'Ambitious' £20bn Business Lending Scheme

PA | Posted 19.05.2012 | UK Politics

Four of the UK's biggest banks have signed up to an "ambitious" lending scheme unveiled today by the Treasury to unclog the flow of credit to business...

More Than 1,700 Jobs Cuts At Lloyds And RBS

PA | Posted 13.03.2012 | UK

Two taxpayer-supported banks were today attacked for making "brutal" cuts of over 1,700 jobs and transferring 300 posts to India. Lloyds Banking Gr...

'We're Stronger': Lloyds Announce £3.5bn Loss

PA/The Huffington Post UK | Posted 24.02.2012 | UK

Part-nationalised Lloyds Banking Group said on Friday that it is "in a significantly stronger position than it was 12 months ago" despite unveiling to...

Taxpayer Backed Banks RBS And Lloyds To Post £4bn Losses

PA | Posted 20.04.2012 | UK

Britain's part-nationalised banks, Lloyds Banking Group and Royal Bank of Scotland, are expected to report combined losses of at least £4 billion for...

Lloyds To Axe 1,000 More Jobs In 'Devastating' Blow

PA/Huffington Post UK | Posted 07.02.2012 | UK

Lloyds Banking Group will axe almost 1,000 jobs and close three offices in a "devastating" blow to workers, staff union Accord has announced. Accor...

'Exhausted' Lloyds Bank Boss Back to Work

Posted 06.01.2012 | UK

Lloyds Banking Group boss Antonio Horta-Osorio will return to work on Monday after extreme fatigue forced him to take a two-month leave of absence. ...

Vickers Report: Don't Kill the Goose That Lays the Golden Egg!

David Cowan | Posted 20.02.2012 | UK Politics
David Cowan

The coalition's response to the Vickers report was a missed opportunity. A chance to reform Britain's banking sector for the better has been hijacked by the Liberal Democrats' need yearning for influence. And so George Osborne has accepted the report in full, though it couldn't be said totally against his own judgement.

Lloyds Bank Considering Witholding Chunk Of £1.45 Million Bonus After £3Bn Blunder

PA | Posted 03.12.2011 | UK

Lloyds Banking Group is considering withholding up to half of the £1.45 million bonus awarded to former chief executive Eric Daniels for his last yea...

Lloyds Chairman Sir Win Bischoff Has Made a String of Catastrophic Blunders

Ian Fraser | Posted 30.01.2012 | UK Politics
Ian Fraser

One of the leader articles in today's Financial Times is very well-written. It highlights the boardroom failures, and particularly the failure of the non-executive directors, at Lloyds Banking Group.

Leaderless Lloyds Banking Group Posts £600m Loss

Huffington Post UK | Peter Guest | Posted 08.01.2012 | UK

Lloyds Banking Group has posted a £607m loss in the third quarter of 2011 and has warned that it may miss its financial targets. The bank is 40% ...

'Fatigued' Lloyds Chief Seeks Leave Of Absence

Huffington Post UK | Peter Guest | Posted 02.01.2012 | UK

Lloyds Banking Group CEO Antonio Horta-Osorio is to take a temporary break from his role on medical advice, the bank confirmed on Wednesday morning in...