ALEX BRUMMER: Britain cannot afford to turn a valuable international earner like Lloyds of London into a pariah By Alex Brummer for the Daily Mail Published: 21:51 BST, 14 May 2020 | Updated: 21:51 BST, 14 May 2020 Britain’s insurers have not won many friends during the Covid-19 pandemic. The reluctance of Hiscox to pay … Read more
Lloyds suffers profits collapse as it comes under fire for handing out just £500m under coronavirus Loans Scheme By Lucy White For The Daily Mail Published: 21:51 BST, 30 April 2020 | Updated: 22:32 BST, 30 April 2020 Lloyds suffered a collapse in profits as it came under fire for its lacklustre lending under the … Read more
At last! Lloyds ramps up Covid lending: Bank boasts it has approved £1billion worth of loans to 32,000 firms By James Salmon for the Daily Mail Published: 22:54 BST, 5 May 2020 | Updated: 23:41 BST, 5 May 2020 Lloyds approved seven times as many ‘bounce back’ loans to struggling firms in a day than … Read more
House prices ‘unexpectedly’ increased in April despite the coronavirus lockdown, fresh figures from Nationwide suggest. The figures came a day after Britain’s biggest mortgage lender Lloyds revealed that it expected house prices to fall 5 per cent this year – and modelled a worst case scenario of a 10 per cent drop in its results. … Read more
Lord Blackwell is not known as the most activist chairman of a High Street bank. But as someone who once worked in Downing Street under the gaze of Margaret Thatcher, the Lloyds Bank boss has well-tuned political antennae. By the time be had succeeded Win Bischoff as chairman in 2014, the bank’s chief executive Antonio … Read more
Lloyds to hand shares worth £200 to every member of staff to thank them for their efforts during coronavirus crisis By Helen Cahill, Financial Mail On Sunday Published: 21:57 BST, 2 May 2020 | Updated: 13:58 BST, 3 May 2020 Lloyds will hand shares worth £200 to every member of staff this month to thank … Read more
Hundreds of bereaved families could be forced to unravel estates wound up years ago after Lloyds Banking Group discovered a vast trove of old wills it could not match to customers. Lloyds confirmed the massive storage blunder, revealed by the Financial Times, which has left it scrambling to reunite about 9,000 families with loved ones’ … Read more
Top bankers FINALLY take a pay cut in the face of coronavirus (but not at Lloyds, HSBC or taxpayer-backed RBS) By Lucy White For The Daily Mail Published: 22:57 BST, 7 April 2020 | Updated: 23:13 BST, 7 April 2020 Bosses of Britain’s biggest banks have begun to cave in to pressure to cut their … Read more
When it comes to big banks it is often said that loyalty doesn’t pay. However, in an unusual case, 40 years of sticking with Lloyds Bank was the main reason behind a Hertfordshire man obtaining a £12,000 mis-sold PPI payout. But Richard Harvey’s case also highlighted how the banking giant stung him for worthless insurance … Read more
Somerset zoo forced to close doors to public due to coronavirus pandemic bags £300,000 of funding from Lloyds Bank to help it survive By Daily Mail City & Finance Reporter Published: 21:52 BST, 29 March 2020 | Updated: 22:16 BST, 29 March 2020 A Somerset zoo that was forced to close its doors to the … Read more