LLOYDS BANKING GROUP NEWSROOM (13 press releases)
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PRESS RELEASE -- 5, November 2024
(IN BRIEF) Lloyds Banking Group has become the first UK bank to earn the Fertility Friendly Employer Accreditation, demonstrating its commitment to supporting employees through fertility-related challenges. Awarded by Fertility Matters at Work, the accreditation recognizes Lloyds’ policies on fertility …
Read the full press release →PRESS RELEASE -- 3, October 2024
(IN BRIEF) Future Growth Capital (FGC), the private markets investment manager launched by Schroders plc and Phoenix Group, has announced its senior leadership team to support investment opportunities in private markets for UK pension savers. Paul Forshaw has been appointed …
Read the full press release →PRESS RELEASE -- 23, September 2024
(IN BRIEF) Lloyds Banking Group has become the first FTSE 100 company to implement Signly on its job search pages, a service providing British Sign Language (BSL) translations to enhance accessibility for d/Deaf users. This initiative reaffirms Lloyds’ commitment to …
Read the full press release →PRESS RELEASE -- 7, September 2024
(IN BRIEF) A recent report reveals a significant increase in online fraud involving fake websites, leading to an estimated £6.6 million in losses for UK shoppers. Scammers create counterfeit sites that mimic popular brands, luring consumers with fake discounts. Many …
Read the full press release →PRESS RELEASE -- 5, September 2024
(IN BRIEF) Cleareye.ai has partnered with Lloyds Bank to enhance trade finance operations through advanced AI technology. Starting this month, Lloyds Bank will use Cleareye.ai’s ClearTrade platform, which employs optical character recognition (OCR), machine learning, and natural language processing to …
Read the full press release →PRESS RELEASE -- 1, August 2024
(IN BRIEF) Lloyds Bank has introduced its 2024 student current account, offering a £110 cash bonus and a 20% discount on Student Union events for the academic year 2024/2025 at universities in England and Wales. To qualify for the cash …
Read the full press release →PRESS RELEASE -- 16, July 2024
(IN BRIEF) Lloyds Banking Group is taking significant steps to alleviate the UK’s social housing shortage through the redevelopment of decommissioned data centres and former office sites into new affordable homes. Starting with a project in Pudsey, West Yorkshire, the …
Read the full press release →PRESS RELEASE -- 17, April 2024
(IN BRIEF) As excitement mounts for Taylor Swift’s long-awaited UK tour, fans have fallen prey to a surge in concert ticket scams, with fraudsters exploiting social media platforms to target eager concert-goers. Analysis by Lloyds Bank reveals a concerning trend, …
Read the full press release →PRESS RELEASE -- 15, April 2024
(IN BRIEF) In a significant milestone for digital trade, Lloyds Bank has executed its first transaction employing an electronic Bill of Lading (eBL) on the WaveBL platform, marking a move towards entirely paperless exchanges in international trade. Partnering with Somerset-based …
Read the full press release →PRESS RELEASE -- 3, April 2024
(IN BRIEF) Lloyds Banking Group spearheads a £3 million investment in Coadjute, a groundbreaking fintech aimed at streamlining the home buying journey by connecting all stakeholders. Joined by NatWest, Nationwide, and Rightmove, Lloyds’ investment underscores its commitment to leveraging technology …
Read the full press release →PRESS RELEASE -- 13, March 2024
(IN BRIEF) Rothesay, the UK’s leading pensions insurance specialist, has agreed to acquire Scottish Widows’ in-force bulk annuity portfolio from Lloyds Banking Group for approximately £6 billion. The transaction covers the pension benefits of around 42,000 individuals. This move aligns …
Read the full press release →PRESS RELEASE -- 12, March 2024
(IN BRIEF) Lloyds Banking Group has entered into a pioneering partnership with Projects for Nature, becoming its first founding business partner. With a £250,000 donation split among three nature recovery projects in England, Lloyds aims to address national nature recovery …
Read the full press release →PRESS RELEASE -- 8, March 2024
(IN BRIEF) Lloyds Banking Group has entered a 10-year Power Purchase Agreement (PPA) with Low Carbon, a global renewable energy company, to procure 50 GWh of clean electricity annually from two UK solar farms. This agreement is a significant step …
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