Brits lost more than £1bn to fraudsters last year as purchase scams hit record high May 22, 2024 Brits lost more than £1bn to fraudsters last year, new figures show, as purchase scams surge to a new record and social media firms face tough questions over the high levels of fraud originating on their platforms.
Lloyds defends return-to-office mandate as staff engagement falls to nine-year low May 16, 2024 Lloyds Banking Group has defended its workplace culture after it experienced a sharp drop in its employee engagement index last year, driven by a "tough" stance on staff returning to the office.
From Lloyds Bank to UK Finance, here’s who’s paying for the City of London Police May 10, 2024 A series of funding deals between private entities and City of London Police to help fight fraud highlights the ongoing funding pressures faced by the police force, experts have said.
Weatherbys: Horse racing private bank doubles profit on higher rates and expansion May 9, 2024 The private bank Weatherbys has been boosted by higher interest rates and demand for its services.
Lloyds, HSBC, Barclays and Natwest results show consumer strength amid higher rates April 30, 2024 Barclays, Natwest and Lloyds reported first quarter results last week while HSBC updated investors this morning.
London business confidence falls fast but economy as a whole remains optimistic April 30, 2024 "Businesses are feeling increasingly confident about the economy, coinciding with falling inflation and hopes that interest rates will start to fall this year," Hann-Ju Ho, senior economist at Lloyds said.
Lloyds profit drops against bumper 2023 as margins shrink April 24, 2024 Lloyds Banking Group has posted a 28 per cent fall in profit - in line with analysts' estimates - as price wars and the prospect of interest rate cuts forced it to offer better rates to customers.
Lloyds, HSBC, Barclays and Natwest set to report lower profits – but doubts over rate cuts could lift lenders April 20, 2024 The UK's biggest banks are set to report lower profits and narrower margins in the coming weeks as the interest rate tailwind which pushed their earnings to a record high last year dies down.
Taylor Swift fans lose £1m to ticket scams, Lloyds finds amid ‘urgent warning’ April 17, 2024 Lloyds Bank has issued an "urgent warning" to customers over a wave of ticket scams targeted at Taylor Swift fans, which it estimated has already cost Brits £1m.
Regulator warns firms over provisions for motor finance claims April 12, 2024 It said it had "observed firms taking different approaches to account for the potential impact of previous use of DCA on their financial resources."