Two of Britain’s biggest businesses will donate to projects benefiting ethnic minorities after an academic database highlighted their roles in slavery. Global insurance firm Lloyd’s of London and pub chain Greene King both said they would pay after historical links to slavery were pointed out in a University College London index, The Telegraph reports. Greene … Read more
Watchdog hits Lloyds with £64m fine after it failed to look after customers who had difficulty paying their mortgages Lloyds, Bank of Scotland and The Mortgage Business hit with £64million fine Banks failed to look after customers who had difficulty paying their mortgage Lloyds has already paid some £300million in redress to affected customers By … Read more
Tony Hetherington is Financial Mail on Sunday’s ace investigator, fighting readers corners, revealing the truth that lies behind closed doors and winning victories for those who have been left out-of-pocket. Find out how to contact him below. D.P. writes: We run a small country pub in Herefordshire, and due to the forced closure, we are … Read more
Lloyds boss Antonio Horta Osorio hit by investor rebellion as a third of shareholders rail against his pay deal By Lucy White For The Daily Mail Published: 21:50 BST, 21 May 2020 | Updated: 21:50 BST, 21 May 2020 Embarrassment: Lloyds boss Antonio Horta Osorio Lloyds Bank was hit by a investor rebellion yesterday as … Read more
ALEX BRUMMER: Britain cannot afford to turn a valuable international earner like Lloyds of London into a pariah By Alex Brummer for the Daily Mail Published: 21:51 BST, 14 May 2020 | Updated: 21:51 BST, 14 May 2020 Britain’s insurers have not won many friends during the Covid-19 pandemic. The reluctance of Hiscox to pay … Read more
At last! Lloyds ramps up Covid lending: Bank boasts it has approved £1billion worth of loans to 32,000 firms By James Salmon for the Daily Mail Published: 22:54 BST, 5 May 2020 | Updated: 23:41 BST, 5 May 2020 Lloyds approved seven times as many ‘bounce back’ loans to struggling firms in a day than … Read more
Lord Blackwell is not known as the most activist chairman of a High Street bank. But as someone who once worked in Downing Street under the gaze of Margaret Thatcher, the Lloyds Bank boss has well-tuned political antennae. By the time be had succeeded Win Bischoff as chairman in 2014, the bank’s chief executive Antonio … Read more
Lloyds to hand shares worth £200 to every member of staff to thank them for their efforts during coronavirus crisis By Helen Cahill, Financial Mail On Sunday Published: 21:57 BST, 2 May 2020 | Updated: 21:57 BST, 2 May 2020 Lloyds will hand shares worth £200 to every member of staff this month to thank … Read more
Lloyds suffers profits collapse as it comes under fire for handing out just £500m under coronavirus Loans Scheme By Lucy White For The Daily Mail Published: 21:51 BST, 30 April 2020 | Updated: 22:32 BST, 30 April 2020 Lloyds suffered a collapse in profits as it came under fire for its lacklustre lending under the … Read more
Lloyds Banking Group saw its first quarter profits practically wiped out as the financial impact of the coronavirus pandemic mounts. The bank. which is Britain’s biggest lender, saw its first quarter profits plummet by 95 per cent, from £1.6billion to £74million. The lender has been forced to set aside a whopping £1.43billion to cover the … Read more