New Lloyds boss Charlie Nunn in line for £5.6m pay package

New boss at Lloyds in line for a £5.6m pay package: HSBC wealth wizard Charlie Nunn picked to succeed Antonio Horta-Osorio By Lucy White For The Daily Mail Published: 21:50 GMT, 30 November 2020 | Updated: 22:08 GMT, 30 November 2020 A father of four who grew up in a village outside Southampton is set … Read more

JEFF PRESTRIDGE: Lloyds shows cash CAN survive

JEFF PRESTRIDGE: Lloyds shows cash CAN survive – bank to launch new cashback initiative with local retailers By Jeff Prestridge for The Mail on Sunday Published: 21:52 GMT, 28 November 2020 | Updated: 21:52 GMT, 28 November 2020 Our longstanding campaign to keep cash on the high street has not been lost in all the … Read more

Outgoing Lloyds Banking Group boss set for shares windfall

Boss of Lloyds Banking Group on track to receive shares windfall just as he bows out of lender By Emma Dunkley, Financial Mail On Sunday Published: 21:54 GMT, 21 November 2020 | Updated: 21:54 GMT, 21 November 2020 The boss of Lloyds Banking Group is on track to receive a shares windfall just as he … Read more

Lloyd’s trading room could end up ‘like coffee shop again’

Bell tolls for historic Lloyd’s trading room: It could end up ‘like coffee shop again’ in huge revamp, says chairman The competitiveness of Lloyd’s is seen as crucial to the City’s status as a leading financial centre Chairman Bruce Carnegie-Brown said Lloyd’s ‘started as a coffee shop and it might end up looking more like … Read more

Coronavirus job cuts: John Lewis, Clarks and Lloyds under threat

More than 9,500 jobs have been put in jeopardy at some of the biggest High Street names as England goes into lockdown once again today. John Lewis cut a further 1,500 jobs yesterday, adding to the 1,300 axed when it permanently shut eight stores in July. Lloyds Bank is to make 1,070 more staff redundant … Read more

Lloyds to axe another 1,070 jobs despite £1bn third quarter profit 

Union fury as Lloyds axes another 1,070 jobs despite announcing £1bn third quarter profit By Lucy White For The Daily Mail Published: 21:51 GMT, 4 November 2020 | Updated: 21:51 GMT, 4 November 2020 Lloyds Bank is axing another 1,070 employees just weeks after announcing a £1billion profit for the third quarter of the year. … Read more

Lloyds will cut another 1,070 staff under restructuring plan to cope with Covid crisis

Lloyds will cut another 1,070 staff under restructuring plan to cope with Covid crisis – less than two months after slashing 865 jobs Bank said latest restructuring will result in a net reduction of around 740 roles It says this is because it will create a further 330 positions across the business In September, it … Read more

Lloyds Bank’s £500m cyber crime battleplan

Lloyds Bank working on £500m technology project that includes better protection for customers from hackers By Emma Dunkley, Financial Mail On Sunday Published: 21:51 GMT, 31 October 2020 | Updated: 21:51 GMT, 31 October 2020 Lloyds Bank is working on a £500million technology project that includes better protection for customers from hackers.  It is understood … Read more

Lloyds Bank tells most of its 65,000 staff to work from home until SPRING

Lloyds Bank tells most of its 65,000 staff to work from home until SPRING in fresh coronavirus blow for the City Lloyds Bank has told most of its 65,000 staff to work from home until spring   About two-thirds are working from home but branch staff are serving customers It wants them to stay away from … Read more

Lloyds widens HBOS review after pressure from campaigners

Lloyds widens compensation scheme for victims of the HBOS Reading fraud after pressure from campaigners By Daily Mail City & Finance Reporter Published: 21:51 BST, 18 October 2020 | Updated: 21:51 BST, 18 October 2020 High Street bank Lloyds has widened a compensation scheme for victims of the HBOS Reading fraud after pressure from campaigners.  … Read more