Pre-tax profits drop to £1.6bn between January and March, down from £2.3bn last year ...

Lloyds Banking Group has announced its profits plunged by 28% in the first three months of this year. The bank posted profits of £1.6bn for the quarter, down from £2.3bn for the same period in a ...

But the UK’s biggest mortgage lender said its customers are ‘resilient’ as it unveiled improved predictions for parts of the economy this year.

An unsecured business loan allows you to access financing for your business without providing collateral, like business equipment, real estate or cash. Generally, lenders offer this type of loan ...

Lloyds’ net interest margin (NIM) — the difference between the interest it charges on loans and the rate it pays on customer deposits — fell to 2.95 per cent from 2.98 per cent in the previous quarter ...

Lloyds Banking Group flagged 'elevated severance charges' of £100million that contributed to an 11% increase in operating costs.

Small business loans can be instrumental in helping businesses reach new heights. Getting approved for them, however, can sometimes be challenging for borrowers with lower personal credit scores ...

Higher levels of mortgage refinancing between January and March led to more churn in Lloyds’ mortgage book, denting the bank’s profitability. The bank’s net interest margin (Nim), which measures the ...

Lloyds blamed higher business costs - including a sector-wide new Bank of England levy - and lower net interest income, which is the difference between what it generates from loans and pays out ...

PROFITS at Lloyds have fallen by more than a ­quarter after the bank faced more pressure to increase rates for savings accounts customers. Britain’s biggest domestic lender posted a 28 per cent ...

Lloyds Banking Group has seen its profits drop by more than a quarter in recent months, following a bumper 2023 which saw its earnings hit record levels.