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EXPLAINED: 2 - The Real Truth

Lloyds kickstarts £2bn cost-cutting plan powered by AI after scrapping Halifax brand

Lloyds recently decided to scrap the Halifax brand and change it to Lloyds

The Independent UK

Lloyds targets another £2bn cost-cutting as half-year profit jumps by 23%

The banking group unveiled the new four-year strategy which will come into effect from 2027.

Evening Standard

Study indicates how much home buyers could save by picking less pricey postcodes

Looking just beyond the most sought-after postcodes can reveal more affordable options, Lloyds said.

Evening Standard

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The areas where home buyers could save £236,142 in the neighbouring postcode

A new study has compared higher-value postcodes with what it found to be the least costly neighbouring postcodes sitting right next to them

The Independent UK

How will UK banks and their customers be affected by the Iran war?

Barclays, Lloyds Banking Group and NatWest will report their half-year results on Tuesday, Thursday and Friday respectively.

Evening Standard

FTSE 100 ends higher as UK inflation cools

However, oil prices climbed amid inflamed tensions between the US and Iran.

Evening Standard

No deposit, no problem: the new 100% mortgages for first-time buyers

Banks and building societies have started relaxing affordability rules and becoming more creative with products

The Guardian - UK

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What the CAIO wave signals for UK companies yet to follow suit

The Chief AI Officers who are making a real difference today look very different. They are evolving into P&L owners.

TechRadar

More than half of UK SMBs admit they're not ready for new digital tax deadline

HMRC's new MTD rules affected £50k+ earners this year, but 55% of them still aren't ready for the August 7 2026 deadline.

TechRadar

The age when people in the UK’s aspirations to own a home ‘fade sharply’

Just 38 per cent of 45 to 54-year-old aspire to own a property of their own

The Independent UK

UK house prices rise for first time since start of Iran war

Typical property cost £299,330 in June, 0.2% more than the month before, says Lloyds

The Guardian - UK

UK house prices rise for first time in months since breakout of Iran war

Recent price trends continue to reflect ‘wider economic uncertainty’

The Independent UK

Average UK house price increases month on month for first time since February

Recent price trends continue to reflect ‘wider economic uncertainty’, Lloyds said.

Evening Standard

UK house prices rise in June despite ‘wider economic uncertainty’; oil prices up after attack on tanker in strait of Hormuz - as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

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The National (Scotland)

Lloyds customers urged to shut accounts over debanking of left-wing outlet

SUPPORTERS of independent media are being urged to ditch any accounts they have with Lloyds after it emerged a left-wing publication had been…

The Guardian - UK

Bankers and unions set for clash over possible Burnham tax raid on UK banks

City bosses say move would be economically disastrous, but union leaders urge likely new PM to ignore ‘vested interests’

The Independent UK

‘It’s defined the town’: Sadness in Halifax as bank brand to be removed from high street

‘I’ve no idea why they’ve done it. I think it might be more damaging to them than they realise’

The Independent UK

Halifax bank brand to be scrapped – what we know

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The Independent UK

Halifax brand to be scrapped after 173 years on high street

Customers will have their accounts changed to Lloyds over time

Evening Standard

Halifax to be changed to Lloyds, bringing end to 173-year-old British brand

Lloyds Banking Group said there is nothing that customers need to do and they will be contacted about the changes.

The National (Scotland)

173-year-old Halifax brand to be scrapped with all accounts being moved

THE 173-year-old Halifax brand is being scrapped and all customer accounts will be changed to Lloyds over time, Lloyds Banking Group has said

The Guardian - UK

Halifax to disappear from UK high street as Lloyds axes bank brand after 173 years

Group confirms it will stop opening new accounts under the name and move existing ones to Lloyds

The National (Scotland)

'Outrage' as left-wing news outlet 'de-banked without explanation'

A left-wing news outlet has reportedly been de-banked by Lloyds Banking Group without explanation

International Business Times UK

Lloyds Banking Group Builds 1,000 AI Jobs as Traditional Banking Roles Continue to Change

Lloyds Banking Group is set to create over 1,000 AI-related jobs, reflecting a shift towards digital banking and technology investment amid branch closures.

The Guardian - UK

Lloyds Banking Group to hire 300 tech experts to work on AI

Exclusive: While recruits will increase headcount for now, broader adoption of AI could lead to job cuts in future

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