Lloyds executive criticises Healey for linking bank tax rises to energy bill support Chief financial officer says he hopes budget measure is temporary as sector provides loans that fuel growth The Guardian - UK · Oct 29
Lloyds boss warns Budget's bank tax increase ‘unhelpful’ to economic growth Chancellor John Healey announced banks will have to pay an extra 3 per cent on their corporation tax surcharge from January, bringing the rate to 6 per cent The Independent UK · Oct 29
Bank tax hike ‘unhelpful’ to economic growth aims, Lloyds finance chief says William Chalmers said he ‘sincerely hopes’ the increase is temporary, as is planned. Evening Standard · Oct 29
Lloyds reports profit increase as bank gets boost from higher rates The results come a day after the Chancellor said in the Budget that he would be temporarily hiking bank taxes. The Independent UK · Oct 29
Lloyds boss backs devolution plan - but warns against further taxes on banks The upcoming Budget is speculated to hit banks with an additional tax The Independent UK · Oct 26
Every high street bank closing in November The bank is moving away from in-person services The Independent UK · Oct 26
Banks set to report stronger profits as they face prospect of tax hike The announcements will come on the same week that Chancellor John Healey will deliver his autumn Budget statement. Evening Standard · Oct 25
Banks set to report stronger profits as they face prospect of tax hike The announcements will come on the same week that Chancellor John Healey will deliver his autumn Budget statement. Evening Standard · Oct 23
Europe's financial regulators query Google over cloud outage that hit banks The European Banking Authority said that it has been in contact with Google Cloud to obtain further information on the incident, understand its implications and assess its potential impact on financial entities in the EU, a spokesperson for the watchdog told Reuters. The Economic Times · Oct 21
A London Power Failure Froze 70M+ Revolut Accounts and Exposed Digital Banking's Weak Spot Google Cloud's London power outage disrupted 30+ services Oct. 20, freezing Revolut accounts for millions across the U.S. and Latin America Latin Times · Oct 20
Power outage hits Google Cloud services disrupting UK banks A power outage at a Google Cloud data centre in London caused serious network disruptions to its services Tuesday, the US tech giant said. The issue has since been "mitigated" for "most" customers, it added later. Euronews · Oct 20
Independent news outlet The Canary announces 'indefinite' closure LEFT-WING media outlet The Canary will close down “indefinitely” ... The National (Scotland) · Oct 19
George Galloway contests London byelection without setting foot in UK Veteran leftwinger has been ‘in exile in the east’ in Russia and not been to Holborn and St Pancras constituency since campaign began The Guardian - UK · Oct 7
UK house prices flatline as rising mortgage costs weigh on market Average cost of home in September was £298,441, says Lloyds – about the same as year earlier and in August The Guardian - UK · Oct 7
The Independent UK · Oct 7 UK property market warned over 'gathering dark clouds' as house prices stall amid rising mortgage rates Mortgage rates are on the rise but house prices across the UK failed to grow last month
Evening Standard · Oct 7 ‘Gathering dark clouds’ for the property market with 0% growth for house prices Lloyds recorded a 0% change for UK house prices on both a monthly and an annual basis.
The Independent UK · Oct 6 Lower oil boosts FTSE 100 but defence stocks lag The FTSE 100 index ended up 43.75 points, or 0.4%, at 10,541.69, on Tuesday.
The Guardian - UK · Oct 3 UK urged to act as Polymarket takes bets on whether HSBC and Lloyds will fail Revelation comes amid mounting concern over online prediction market’s effects on integrity of financial system
The National (Scotland) · Oct 2 This Scottish town is the 'most affordable' place in the UK to buy a home HOUSING affordability has reached its most favourable level in more than a decade when comparing the price of an average home with wages, according to analysis by a major bank
Evening Standard · Oct 1 London’s most and least affordable places to buy a home revealed Affordability improves in the capital, but it’s still the most expensive place to buy in the country
The Independent UK · Oct 1 Mapped: Britain’s ‘10 most and least affordable’ places to buy a home Lloyds says the average UK home costs about 7.3 times average earnings, the lowest it has been since 2015
Evening Standard · Oct 1 Britain’s ‘most and least affordable’ places to buy a home revealed Although some mortgage rates have increased, the average UK house price-to-earnings ratio has reached its lowest level since 2015, Lloyds said.
International Business Times UK · Sep 26 Romance Scammers Are Increasingly Targeting Young Adults but Over-65s Are Losing the Most Money Romance scam reports among 18- to 24-year-olds rose 59%, while over-65s accounted for 55% of money lost, Lloyds Banking Group reports.
Evening Standard · Sep 24 Romance scam reports have jumped with a surge in Gen Z victims – Lloyds figures While there was a particularly big increase in reports among younger adults, older victims typically lost more money, according to the bank.
The Independent UK · Sep 24 How can you tell someone is a romance scammer? The messages and signs to look out for Younger victims typically met fraudsters on dating apps and social media