Tag Archives: Lloyds Bank

LLOYDS BANK PMI: Business activity in April grew at its fastest rate across England in 2017 so far

Business activity growth gains momentum for second month running Job creation revives as  new orders surge Businesses raise prices charged at fastest rate in nearly nine years West Midlands is top-performing region, recording fastest growth in output and employment LONDON, … Read the full press release

Resilient U.K. Automotive Sector Looks To The Future With Caution

Automotive manufacturers’ investment plans on track despite ongoing uncertainty EU exit still seen as biggest threat to sector Manufacturers to focus investment in R&D in low carbon or electric vehicle technology Automotive firms determined to pursue new international opportunities LONDON, … Read the full press release

Consumers’ Spending Power Builds Up In 2017

Sentiment towards the country’s financial situation increases significantly Essential spending continues to rise though rate of growth slows Concern mounts around prospects for future disposable income LONDON, 03-Mar-2017 — /EuropaWire/ — Consumer confidence rose in early 2017, despite ongoing hikes in … Read the full press release

Lloyds Bank the first financial services company to trial Signly – a British Sign Language (BSL) translation tool

New technology provides innovative way of interacting with Bank literature LONDON, 27-Jan-2017 — /EuropaWire/ — Lloyds Bank has become the first financial services company to undertake a trial with Signly – a British Sign Language (BSL) translation tool. Lloyds Banking Group’s … Read the full press release

Lloyds Bank’s Business in Britain report: Business confidence stabilised at the start of 2017 but economic uncertainty continues to be a threat

Confidence stabilising from a four year low in September Businesses cite economic uncertainty as the biggest threat for 2017 Export intentions to Middle East and Asia jump Results signal higher inflation and a slowdown in economic growth LONDON, 03-Jan-2017 — … Read the full press release

Lloyds Banking Group will launch new range of products for borrowers with 5% deposits through the its Halifax, Lloyds Bank and Bank of Scotland brands

LONDON, 06-Dec-2016 — /EuropaWire/ — Lloyds Banking Group today announced plans to continue supporting mortgage borrowers beyond the end date of the government’s Help to Buy: mortgage guarantee scheme on 31st December 2016. A new range of products for borrowers … Read the full press release

Lloyds Bank’s UK housebuilding sector analyses: housebuilders forecast increased growth and investment in the sector

Sector’s confidence reflected in average 5 year investment plans, increasing 17 per cent year on year Average growth over five years of 28 per cent predicted, up from 25 per cent in last year’s survey  Over a third say that … Read the full press release

Lloyds Bank research: parents willing to pay an average of £53,000 more to live near top performing state school

Average property prices have reached £366,744 in areas closest to  England’s Top 30 state schools  – 17% above the county average of £313,318 Homes near Beaconsfield High School in Buckinghamshire pay the highest premium of £629,021 (171%) compared to the … Read the full press release

Lloyds Bank research reveals UK homeowners’ housing aspirations show signs of optimism

Almost three quarters of homeowners (74%) believe that they will achieve their long-term family home in no more than two more moves 81% of homeowners believe they will have to wait longer to reach their long-term family home than they … Read the full press release

Lloyds Bank’s study shows Food and Drink sector eager to move ahead with expansion and development plans despite EU referendum vote

Build up to the EU Referendum had a negative impact on businesses, and leaving the EU is cited as biggest potential challenge to sector but wider outlook is positive Almost half of firms said that investment in their business had … Read the full press release

Charities throughout Sunderland to participate in Google Digital Garage training hosted by Lloyds Bank and delivered in collaboration with Google

SUNDERLAND, 25-Jul-2016 — /EuropaWire/ — Local charities given opportunity to unlock digital potential with half-day workshop Charities throughout Sunderland are being given the chance to boost their digital skills by participating in a Google Digital Garage training session to help them … Read the full press release

Lloyds Bank Regional Purchasing Managers’ Index: June saw a slowdown in output growth across England

Output growth slows across England but rebounds slightly in Wales London sees business activity decline for first time in over three-and-a-half years England sees slowest rise in employment since early 2013 Survey carried out between 13 June and 28 June … Read the full press release

Output growth remained subdued across England and Wales in May – Lloyds Bank Regional Purchasing Managers’ Index

Output continues on weak growth path as inflows of new business move closer to stagnation England sees one of slowest rises in activity for three years; growth in Wales at 45-month low Employment increases only marginally as slowdown in hiring … Read the full press release

Lloyds Bank Regional Purchasing Managers’ Index®: Output growth and employment slightly higher in March but first quarter the worst in three years

Output growth picks up slightly in March despite slower rise in new business Wales records stronger increase in business activity than all English regions Signs of inflationary pressures returning as prices rise at faster rate LONDON, 12-Apr-2016 — /EuropaWire/ — … Read the full press release

Lloyds Bank: Improving economic conditions in UK contributed to the pound outperforming the majority of major currencies in 2015

The Olympics may still be a few months away, but for savvy holidaymakers there’s never been a better time to visit Brazil than now. LONDON, 30-12-2015 — /EuropaWire/ — The ongoing recession in South America’s largest economy has seen the … Read the full press release

Lloyds Bank research: Increasing global instability and slowing Chinese economy the biggest threats to Britain’s automotive industry

Global economic instability is biggest threat to Britain’s automotive industry Businesses revise down growth forecasts amid international markets volatility Significant drop in number of manufacturing firms expecting to achieve business growth through exports Despite challenges, businesses planning to create thousands … Read the full press release

Business activity growth across England and Wales regained some momentum in October – Lloyds Bank Regional Purchasing Managers’ Index®

Business activity rises in all regions except the North East Employment increases at a faster pace, led by strong job creation in East of England Marginal rise in average charges for goods and services amid weak cost inflation and falling … Read the full press release

Lloyds Bank launches £500M fund to help UK farmers facing potential delay to crucial financial support from EU

Fund established to help farmers concerned about a potential delay to crucial 2015 EU payments, normally received in December each year Support will be offered to the Group’s farming customers in the event of Basic Payment Scheme payments being paid … Read the full press release

Lloyds Bank Spending Power Report shows a fall in sentiment towards people’s current financial situations in July

Attitudes towards the current financial situation fall as perceptions about people’s personal financial situation and Britain’s employment situation both drop However, July saw falls in year on year essential spending, with a continuing decline in water bills Ahead of the … Read the full press release

Lloyds Bank research: UK household savings grown more than sixfold (452%) over the past 40 years

Average savings per household has increased four-fold from £36,989 in 1975 to £145,566 Over a third of savings held in deposits, but proportion held in shares continues to fall Sixteen fold increase in value of pensions drives growth in household … Read the full press release

Lloyds Bank’s Business in Britain report: Business confidence remains strong as companies’ expectations of an improvement in exports increase

Firms remain hopeful of growing sales, orders and profits Exports to Europe and globe expected to rise in next six months More firms expecting to increase their investment spending Survey findings suggest that underlying economic activity will remain strong in … Read the full press release

Lloyds Bank explores use of NFC technology to authenticate devices during mobile banking registration process

 Bank explores use of NFC technology to authenticate devices during mobile banking registration process In addition, the Bank has launched an alternative process to verify certain requests set up on a desktop PC, using the Lloyds Bank app LONDON, 6-7-2015 … Read the full press release

Lloyds Bank launches the London Expat Service for people moving to the UK

LONDON, 25-6-2015 — /EuropaWire/ — Lloyds Bank announces the launch of the London Expat Service, a tailored service designed for people moving to the UK. With an increased number of high net worth expats coming to the UK to work … Read the full press release

UK Business Digital Index by Lloyds Bank: there are still around 1.2 million SMEs in UK that lack basic digital skills

The 2015 Lloyds Bank UK Business Digital Index tracks digital adoption among small to medium sized businesses (SMEs) and charities. Latest report shows overall improvement for SMEs but over a million (23%) still lack basic digital skills. This is even … Read the full press release

Lloyds Bank Affordable Cities Review: Oxford is UK’s least affordable city; home affordability worsens in the last 12 months

Home affordability in UK cities deteriorates to 2009 levels •    Affordability 15% better than in 2008 •    Oxford is the UK’s least affordable city; Stirling is the most affordable •    Aberdeen records highest house price growth since 2005; London since … Read the full press release

Lloyds Banking Group introduces new electronic identification and verification checks

New service allows customers to upload identification documents using a camera enabled computer, mobile or tablet Available across Lloyds Bank, Halifax and Bank of Scotland LONDON, 12-2-2015 — /EuropaWire/ — From this month, Lloyds Banking Group is introducing a new … Read the full press release

Lloyds Bank research: The number of property sales worth at least a million pounds is at a record high

46% increase in million pound property sales from H1 2013 Premium property sales out-perform under £1m market* LONDON, 3-11-2014 — /EuropaWire/ — The number of property sales worth at least a million pounds is at a record high, according to … Read the full press release

Lloyds Bank research: To live near one of England’s top state schools parents face paying £483,031 (154%) premium compared to neighbouring areas

Homes near Beaconsfield High School in Buckinghamshire have the largest premium of £483,031 (154%) compared to the average house price in neighbouring areas. To live close to one of the top 30 state schools in England, parents pay an average … Read the full press release

Lloyds Bank research shows UK mid-sized businesses are being too conservative in their export ambitions

Three in five mid-sized firms do not currently export Less than one in ten plan to start exporting in the next five years Lack of understanding and suitable contacts are the main barriers to overseas trade LONDON, 27-8-2014 — /EuropaWire/ — UK … Read the full press release

Lloyds Bank Spending Power Report for May reached new high of 146 points for consumer confidence since the survey began in November 2010

The Lloyds Bank Spending Power Report measure of consumer confidence rises for the fifth consecutive month in May to a new survey high Overall spending growth on essentials remains stable, around 0.5% higher than a year ago Gas and electricity … Read the full press release