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Lloyds Bank profits tumble 20% as it warns of 'immediate challenges' - but shares climb
By City AM
The FTSE 100 lender's pre-tax profit was down 20 per cent at 拢6bn, compared to 拢7.5bn in 2023, but shares jumped following market open
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Self-storage company opens new facility in Cornwall
South West
The family-run business was founded in 1974 and has sites across the South West region
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Banks given boost after 'positive outlook' on borrowing for 海角视频 households in 2025
By City AM
The latest EY Item Club Outlook for Financial Services predicts mortgage lending growth will double to 3.1 per cent this year after the Bank of England cut interest rates three times in the last six months
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Wales has another banking hub
Post Office
The latest hub has opened in Mountain Ash taking the number to nine
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Barclays and Natwest kick off Big Four bank earnings with expected strong performances
By City AM
Analysts are expecting the first set of annual results for Britain's Big Four banks to show 'strong' performances, but warned of long-term challenges
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Car financing firm MotoNovo Finance moving to new Cardiff city cenrtre HQ
Lloyds
It has struck a subletting deal with law firm Hugh James to take 28,000 sq ft at the 2 Central Square office building
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Lloyds Banking Group places thousands of jobs in tech division under review
By City AM
The FTSE 100 bank told some 6,000 tech and engineering staff on Wednesday that their jobs may be at risk of redundancy as it overhauls the structure of the business and creates new roles designed to accelerate technology development, City AM understands
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Historic bank building set for transformation as developers plan 'modern meets old' scheme for Sale
North West
An application has been submitted to Trafford council to renovate the first and second floors of the Grade II-listed building once occupied by Lloyds Bank
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Fast-growing tech firm appoints new chief operating officer as it looks to expand
Appointments
WestSpring is a high-growth IT business which is hoping to open a new satellite office in Swindon later this year
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Rate of Welsh business confidence has declined shows new Lloyds research
Lloyds
The overall business confidence level in Wales is lower than for the 海角视频 as a whole
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West Midlands Lloyds and Halifax branches to close
West Midlands
Banking giant announces latest round of closures which will affect customers and staff across the region
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Birmingham haircare businesses win Channel 4 and Lloyds competition
West Midlands
Flora & Curl and Nylah's Naturals are among four winners of the Black in Business initiative
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World famous restaurant chain plans Newcastle opening in first for North East
Food and Drink
The restaurant where the rich and famous dine out has its eyes on a Tyneside opening - five years after Covid scuppered its original plans
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Lloyds Banking Group to transform head office with 拢200m investment
By City AM
The Port Hamilton building on Morrison Street, Edinburgh, will be transformed in partnership with Drum Property Group
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Former Newcastle Sports Direct store to become new home for banking giant
property news
The bank has confirmed it is set to move from its current base on Grey Street later this year
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Lloyds and Natwest 'too good to ignore' - Barclays analysts
By City AM
Analysts at Barclays have upgraded profit estimates for Lloyds and Natwest, saying shares in the two banks are "too good to ignore"
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Trade union blasts Lloyds for 'unjustified' Liverpool office closure
Lloyds
Hundreds of staff have been told via email that the Speke site will close in 2025
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Lloyds Bank to cut bonuses of senior staff who don't go into the office
By City AM
The lender is reportedly reviewing office attendance as part of its bonus targets for around 60,000 of its most senior employees
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Tech, transport and talent: What 2025 holds for the North West, according to business leaders
North West
After a tough year in 2025, entrepreneurs and analysts are hopeful for the future but warn there could still be problems ahead
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Tameside is set for a huge transformation in 2025 - here's what's happening
North West
Tameside Council has a number of major projects on the horizon in 2025, including new housing, town centre improvements and a new health centre
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海角视频 business outlook for 2025 is a lot brighter than the end of 2024, says Lloyds report
By City AM
The research found that more businesses are expecting a stronger start to 2025 than they did at the beginning of 2024
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Firms across the North East show more confidence in profitability for year ahead
Economy
Research from Lloyds suggests sentiment heading into 2025 is stronger than it was entering 2024
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Welsh firm upbeat on profit growth in 2025
Lloyds
New research from Lloyds show Welsh firms enter 2025 more upbeat than they did entering this year.
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The top 10 deals of the year in the North East business community
Deals
Our end-of-year round-up of deals comes amid a large number of investments, acquisitions and significant contract wins. Business writer Coreena Ford has selected the most significant 10 deals of 2024
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