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Lloyds Banking Group boosts motor finance provisions by £800m, shares rise despite regulatory challenges
By City AM
The FTSE 100 banking giant - which owns the º£½ÇÊÓƵ's largest motor finance lender Black Horse - had sent aside £1.2bn in provisions. The extra provision takes the total to just short of £2bn.
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Lloyds Bank set to increase motor finance provisions after FCA redress scheme update
By City AM
The FTSE 100 banking giant - which owns the º£½ÇÊÓƵ's largest motor finance lender Black Horse - currently leads the pack for £1.2bn in provisions
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Lloyds and Barclays shares jump as FCA softens blow on motor finance lenders
By City AM
Shares in motor finance lenders rallied on Wednesday morning after the Financial Conduct Authority dropped a major update on its industry-wide redress scheme
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Lloyds' 'slow' wealth progress sparks takeover talk as bank looks to beef up offering
By City AM
Lloyds has been slow to build out its wealth management offering and could look to acquire a player in the space, according to analysts at RBC Capital Markets
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Big fall in the overall confidence level of Welsh businesses
Enterprise
While still in positive terrain the fall in Welsh business confidence was greater this month than for the º£½ÇÊÓƵ a whole
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Lloyds Bank to review performance of 60,000 staff as 3,000 jobs at risk
By City AM
Lloyds is set to review its approach to performance management with the bottom 3,000 of the firm's 63,000 employees at risk of losing their role
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South West firms look to hire despite concerns over economy
Employment
Business leaders are continuing to invest in their teams and in new technology
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Business confidence levels in Wales fall but remain ahead of the º£½ÇÊÓƵ as a whole
Lloyds
Lloyds has published its August business barometer findings on the health of Welsh firms
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Economic worries pull down North West business confidence, survey suggests
Economy
The Lloyds Business Barometer finds firms in the region are bullish about their own prospects but worried about the wider economic picture
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Business confidence in South West falls – but firms remain focused on growth
South West
Businesses across the region reported lower confidence in their own prospects last month, according to the research from Lloyds
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Lloyds Bank reports strong growth in first half of year as º£½ÇÊÓƵ economic conditions improve
By City AM
The FTSE 100-listed bank saw a 4 per cent year-on-year increase in statutory profit after tax to £2.5bn, with underlying profit of £3.6bn
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Natwest and Lloyds set to reveal earnings: What to expect amidst economic shifts
By City AM
Lloyds and Natwest will kick off earnings on July 24 and July 25 followed by peers Barclays, HSBC and Standard Chartered the following week
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Lloyds Bank-owned Lex Autolease slumps into the red after making more than £500m profit two years ago
Professional Services
Lex Autolease reported poor conditions in the second hand car market
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Welsh business confidence the highest in the º£½ÇÊÓƵ
Lloyds
Lloyds has published its latest business barometer for Wales
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AI adoption will be major economic growth driver, say South West firms
Technology
Of the businesses using the technology, 88% said it had improved profitability
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Welsh business confidence up sharply shows latest Lloyds research
Lloyds
It has released its business barometer for May
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HSBC staff warned their bonuses will be slashed if they don't return to the office
By City AM
The º£½ÇÊÓƵ-based bank has told all staff in retail and domestic commercial arm that they could be paid less if they don't follow the firm's three-day minimum requirement to work in the office
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North East mayor seals agreement with Lloyds Bank to boost region's energy sector
Lloyds
The North East mayoral authority will work with Lloyds and the Office for Investment to drive investment into the region
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Lloyds Banking Group boss grilled over motor finance scandal
By City AM
Chief executive Charlie Nunn said the bank had not seen "evidence of harm" from its operation in the motor finance market, but had made provisions for a potential Supreme Court ruling
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Natwest and Lloyds to cash in as Chancellor hints at ring-fencing reform
By City AM
Rachel Reeves has told top bank bosses she is "open-minded" to ditch the ring-fencing regime imposed on major banks, after HSBC, Lloyds, Natwest and Santander lobbied her to scrap the 15-year-old legislation last month
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'How I created a successful business in two years with minimal investment'
SMEs
Toluwa Oyeleye set up her behavioural change consultancy in 2023 to help workplaces empower staff
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Lloyd's of London appoints new CEO as John Neal successor named
By City AM
Patrick Tiernan has been appointed as the new CEO of Lloyd's of London, with current chief John Neal set to step down at the end of May
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HSBC, Natwest and Lloyds bosses called in for crunch meeting over small business lending
By City AM
The government is to hold a meeting with some of the º£½ÇÊÓƵ's biggest banks to discuss the findings of the Small Business Access to Finance Review before it closes on May 8
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More buyouts for lift maintenance firm
SMEs
Deltron has added three more firms to its growing portfolio following private equity investment last year
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