Lloyds Banking Group

LLOYDS BANKING GROUP NEWSROOM (19 press releases)

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

PRESS RELEASE -- 30, December 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

PRESS RELEASE -- 7, December 2015

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®

PRESS RELEASE -- 13, November 2015

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

Bank of Scotland: Private sector activity in Scotland declined for the first time in six months during September 2015

PRESS RELEASE -- 14, October 2015

EDINBURGH, 14-10-2015 — /EuropaWire/ — Private sector activity in Scotland declined for the first time in six months during September, albeit at a slow pace. The contraction was broad-based, as both the service and manufacturing sectors registered decreases in output. … Read the full press release

Lloyds Bank Regional PMI: Pace of economic growth slowed across England and Wales in September 2015

PRESS RELEASE -- 14, October 2015

Business activity growth eases to slowest rate since 2013 in England and Wales Job creation continues at solid pace, led by London Inflationary pressures remain low as input and output prices rise only slightly LONDON, 14-10-2015 — /EuropaWire/ — The … Read the full press release

Lloyds Banking Group to launch new construction skills fund with initial budget of £1m

PRESS RELEASE -- 23, September 2015

Building skills for London LONDON, 23-9-2015 — /EuropaWire/ — As part of Lloyds Banking Group’s commitment to helping Britain prosper, António Horta-Osório, Chief Executive of Lloyds Banking Group, will today (23 September) announce that it is launching a new construction … Read the full press release

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

PRESS RELEASE -- 25, August 2015

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

PRESS RELEASE -- 25, August 2015

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 Commercial Banking research: SMEs believe future success relies on their ability to recruit so-called millennials

PRESS RELEASE -- 20, August 2015

Almost nine in ten SMEs say ‘future growth relies on millennials’ Millennials will turn down job if culture isn’t right, even if money is good Businesses are investing 15 per cent of annual turnover to recruit millennials They need mentoring … 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

PRESS RELEASE -- 6, July 2015

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

PRESS RELEASE -- 6, July 2015

 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

PRESS RELEASE -- 25, June 2015

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

Lloyds Banking Group and School of Computing Science at Newcastle University to try and find innovative solutions to help young people become more engaged with banking

PRESS RELEASE -- 24, April 2015

Lloyds Banking Group has partnered with Newcastle University’s School of Computing Science to create digital solutions around the topic of ‘everyday banking and money management’ Students have been tasked to come up with innovative solutions to help young people become … Read the full press release

Lloyds Banking Group: 1,371 SMEs across 17 industrial sectors benefited from 1,468 loans extended under its Environmental, Social and Governance (ESG) bond

PRESS RELEASE -- 27, March 2015

£250 million of bond proceeds allocated to eligible borrowers within six months 1,468 qualifying loans to Small and Medium sized businesses, agriculture and healthcare businesses with a high social and environmental impact 96 per cent of loans made to borrowers … 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

PRESS RELEASE -- 27, March 2015

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

PRESS RELEASE -- 27, March 2015

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

50 company CEOs opened trading in London to celebrate London Stock Exchange’s launch of ‘1000 Companies to Inspire Britain’ 2015

PRESS RELEASE -- 10, March 2015

Second edition of landmark report launched; backed by the three major UK political parties Identifies fastest-growing and most dynamic small and medium sized businesses (SMEs) in UK Publication examines opportunities and challenges facing SMEs 50 company CEOs open trading in … Read the full press release

Lloyds Banking Group supports National Apprenticeship Week with the recruitment of 100 Higher Apprentices this year

PRESS RELEASE -- 6, March 2015

To underscore its support of National Apprenticeship Week, Lloyds Banking Group has today confirmed it will recruit 100 Higher Apprentices this year. This is in addition to the 2,210 apprenticeship positions it has already created. 100 Higher Apprenticeships during 2015 … Read the full press release

Lloyds Banking Group introduces new electronic identification and verification checks

PRESS RELEASE -- 12, February 2015

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