UK economy continues to bounce back as most sectors return to growth, new survey shows UK Economy "Growth is continuing to spread to more and more parts of the UK economy as conditions improve," Nikesh Sawjani said.
Lloyds becomes first high street bank to invest in community lenders after backing £62m fund Banking CDFIs are non-profit lenders based in local communities that make personal loans at low interest rates to households and businesses which struggle to access credit elsewhere.
Why Gen Z are quitting their jobs to focus on side hustles Entrepreneurs Members of Gen Z are more likely than other generations to make side hustles a full-time gig, according to new research.
UK economy: Business confidence remains high with firms set to increase headcount February 29, 2024 Despite falling into a shallow recession in the second half of last year, business surveys have pointed to an upturn at the beginning of the year.
Lloyds could face £3.5bn hit from FCA motor finance probe, analysts warn February 22, 2024 A wide-ranging review of historic motor finance commission arrangements has rocked the UK’s banking sector.
Lloyds, HSBC, Barclays and Natwest post record £44bn profits from global interest rate hikes February 22, 2024 The UK's biggest banks notched their highest combined annual profits ever last year as interest rate hikes around the world gave lenders gaping margins.
Lloyds announces record annual profits but sets aside £450m for FCA motor finance probe February 22, 2024 Lloyds Banking Group has reported an uptick in annual profits on the back of higher interest rates while setting aside £450m for an FCA motor finance probe.
Lloyds set for uptick in annual profits as investors look for clues on motor finance probe February 17, 2024 Lloyds Banking Group is set to report an uptick in annual profits next week on the back of higher interest rates, with its cost control, impairments and exposure to an FCA motor finance probe in focus.
Big banks set for bumper annual profits as interest rates peak February 12, 2024 Britain's biggest banks are set to report strong annual profits over the next two weeks despite mounting margin pressure from a likely peak in interest rates.
Santander and Lloyds reportedly helped Iran-backed oil firms evade UK sanctions February 5, 2024 The Financial Times reported that both Lloyds and Santander provided accounts to British front companies owned by Petrochemical Commercial Company (PCC).