Company
Lloyds Banking Group PLC
LON:LLOY
Lloyds Banking Group has many household names like Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows. Lloyds Banking Group is a leading UK based financial services group providing a wide range of banking and financial services, focused on personal and commercial customers. The Group’s main business activities are retail, commercial and corporate banking, general insurance, and life, pensions and investment provision. The Group operates the UK’s largest retail bank and has a large and diversified customer base.
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UK banks can weather mortgage storm unless unemployment rises
US bank Jefferies estimates 70% of mortgage debt lies in top four income deciles
Lloyds and Barratt Developments in new rental property deal
Deal covers 604 homes for £168.4mln cash or £278,00 each on average.
Lloyds, NatWest join HSBC in hiking savings rates, 'win all round say analysts
As rates rise, analysts reassured that saving can help reduce spending and push down inflation
Banks under pressure from parliament to do more for savers
Chancellor Jeremy Hunt said he is working on "a solution", while the chair of the Commons Treasury Committee said next month's half-year will be closely watched
Archive
FTSE 100 firms up just below par by the close
At the close, the FTSE 100 had staged somewhat of a recovery from earlier in the day to close at 7,454 points
Lenders meet with Chancellor about help for mortgage pain
Bailey admitted the rate rise would cause "difficulty and pain" for many
Lloyds, NatWest among banks to make billions as mortgage and savings rates grow apart
Savings and mortgage rates offered by banks have grown apart, prompting lenders to likely earn billions as margins grow
FIVE at FIVE: FTSE 100 soars; Lloyds branches cut; Boeing’s space delay; Dechra accepts bid; Ashington eyes float
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news