All the updated news related to lloyd

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City

Lloyd’s of London warns Ukraine war will be ‘major claim’

Insurance market Lloyd’s of London has warned the Ukraine war will be a “major claim” this year. The group did not give a figure, but said it is in “close dialogue” with market partners to gauge the scale of their exposure to Ukraine and the impact ...

24 Mar 2022 at 10:55

City

Lloyds plans to prioritise junior staff for pay rises amid union protests

The chairman of Lloyds Bank has said the company plans to prioritise its junior staff as he was accused of giving employees a pay rise that “doesn’t even touch the sides” as the cost of living soars. At its annual general meeting on Thursday, ...

12 May 2022 at 14:55

Personal Finance

Halifax apologises after wrongly telling customers base rate had changed

Mortgage giant Halifax has apologised after sending emails in error to customers, wrongly telling them that the Bank of England base rate had changed. The emails, which said “the Bank of England base rate has changed today”, were sent out ...

03 May 2022 at 16:25

World

Zelensky set for Kyiv meeting with senior US officials

Ukraine’s president says he will meet with the US secretary of state and secretary of defence in Kyiv on Sunday. President Volodymyr Zelensky spoke of the plans on Saturday during a press conference. He did not immediately share more ...

23 Apr 2022 at 20:25

Scotland

Business confidence up in Scotland despite rising inflation and costs

Business confidence in Scotland has risen 11 points in April to 28%, despite increasing inflation and costs, according to a new report. The Bank of Scotland report said companies cited higher confidence in their own prospects ...

29 Apr 2022 at 01:55

City

Lloyds sees profits rocket to £6.9bn on loan loss release and mortgage boost

Lloyds Banking Group has become the latest lending giant to post a bumper annual profit haul after releasing Covid loan loss provisions thanks to the UK’s economic recovery. The group reported pre-tax profits surging to £6.9 ...

24 Feb 2022 at 08:55

City

Lloyds sees profits rocket to £6.9bn but reveals fraud hit

Lloyds Banking Group has become the latest lending giant to post a bumper annual profit haul and reveal a return to bonuses despite a hit from fraud costs. The group reported pre-tax profits surging to £6.9 billion in 2021, ...

24 Feb 2022 at 10:55

Scotland

Business confidence in Scotland dips slightly on previous month

Scotland is the only UK nation to record a lower reading for business confidence compared to January figures, it can be revealed. Companies reported a lull in confidence in their own business prospects month-on-month, down ...

28 Feb 2022 at 01:55

UK has the chance to wipe out HIV transmissions, says Labour MP

A Labour MP has spoken of thinking how it was some “horrible joke” when doctors told him he had HIV. Lloyd Russell-Moyle. the MP for Brighton Kemptown, became the second MP to ever announce he had HIV in 2018, when he ...

25 Jan 2022 at 01:26

Lloyds boss reports jump in customers tackling debt amid cost-of-living woes

City

Lloyds boss warns of surge in customer debt due to cost of living

The boss of Lloyds said the bank has reported that the number of customers acting to tackle problem debt has jumped by almost a third. Customers have sought to get their finances in check through consolidating their ...

06 Jul 2022 at 13:02

Scotland

Business confidence in Scotland plummets as inflation pressures hit firms

Business confidence in Scotland fell 15 points to 27% in June as rising inflation took its toll, according to a report. Optimism in the economy also plummeted to 5% – down 47 points on the previous Bank of Scotland ...

30 Jun 2022 at 01:01

City

Lloyds profits fall as it sets aside £377m for loan defaults over living costs

Lloyds Banking Group revealed that customers have ditched 2.2 million subscription services since last summer in the face of soaring inflation as it posted a fall in half-year profits and higher loan default ...

27 Jul 2022 at 09:48

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