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City

Lloyds Bank sets ‘ambitious’ disability targets in inclusivity drive

Lloyds Banking Group has pledged to double the proportion of staff with disabilities in senior management jobs, in the first commitment of its kind from a UK bank. The move is part of efforts from the UK’s biggest lender to be a more inclusive ...

12 Apr 2023 at 00:01

Lloyds Banking Group boss has ‘no concerns’ about de-banking policies

The boss of Lloyds Banking Group has insisted he is not concerned about pressure on UK banks to change de-banking policies, amid the row sparked by Nigel Farage over the forced closure of his Coutts bank account. Charlie Nunn’s remarks follow ...

26 Jul 2023 at 10:34

City

Lloyds profit falls 28% as competition in mortgage market steps up

Lloyds Banking Group has seen its profits drop by more than a quarter in recent months, as interest rates reached a peak and competition in the mortgage and savings market heated up. But the UK’s biggest mortgage lender said its customers ...

24 Apr 2024 at 09:41

City

Lloyds earnings dip as boost from borrowing costs slows

Lloyds has revealed its earnings dipped this year as the banking giant generated less income despite borrowing costs remaining higher. The banking group, which also includes Halifax and Bank of Scotland, said it made a pre-tax profit of ...

25 Jul 2024 at 08:27

City

Lloyds boss says tech outages a ‘really important issue’ for bank

The boss of Lloyds has said last week’s global technology outage showed the need to “remain humble”, as cyber attacks and IT failures have become a major issue for the bank’s top team. The high street bank and UK’s biggest mortgage ...

25 Jul 2024 at 11:11

City

Lloyds chief says UK has chance to ‘stand out’ globally amid Trump presidency

The boss of Lloyds has said he sees an opportunity for the UK to “stand out” on a global stage following the new Trump presidency in the US. Chief executive Charlie Nunn also said he welcomes the Government’s intervention in the ...

24 Jan 2025 at 11:37

City

Lloyds boss gets nearly £2m pay rise amid profit slump and branch closures

The boss of Lloyds got a nearly £2 million pay bump last year, despite profit falling, high street branches closing and having to set aside £1.2 billion to cover potential costs from the motor finance saga. Charlie Nunn took ...

27 Feb 2025 at 16:04

City

Lloyds sees profits dip as bad debt provisions jump

Lending giant Lloyds Banking Group has reported a fall in profits as it set aside more money for bad debts amid economic uncertainty due to the global trade tariff war. The group reported pre-tax profits of £1.52 billion ...

01 May 2025 at 08:53

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