Tag Archives: Lloyds Bank

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

Lloyds Bank reminds the entry deadline for its 2014 Enterprise Awards application closes on 23 July 2014

Entry deadline for Lloyds Bank Enterprise Awards closes in a month on 23 July 2014. Entrants will be considered in three categories at a regional and national level for Best Start-up, Best Enterprise and Best Digital (a new category for … Read the full press release

Lloyds Bank research reveals South West London holds the biggest allure for aspiring young professionals

Areas of south west London are most attractive for young aspiring urbanites SW19 in Wimbledon is the most popular postal area for 25 to 44 year olds LONDON, 19-5-2014 — /EuropaWire/ — When it comes to putting down roots, South West … Read the full press release

Lloyds Bank Private Banking Investor Sentiment Index: Investor confidence in bonds and non-European equities shows strong growth

Sentiment towards non-European equities excluding emerging markets climbs Relative safety of bonds shows a strong sentiment increase Gold and emerging market equities are the only two asset classes to not have higher sentiment since this time last year LONDON, 15-4-2014 … Read the full press release

Lloyds Bank research: Strong appetite for property in UK among British expats

Brits abroad look to benefit from rising UK prices, with many considering Buy to Let Expats based in the UAE, France and Switzerland are the most likely to buy in Britain Only 11 per cent of British expats not confident … Read the full press release