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

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

Lloyds Bank says house prices to rise and mortgage rates to fall - Britain’s biggest bank predicts three rate cuts this year ...

Lloyds Bank profits were hit by a rush of homeowners refinancing their mortgages as households sought to take advantage of better rates.

Lloyds Banking Group's profits plunged by 28% in early 2024 as competition grew for mortgages and deposits. The bank posted pre-tax profits of £1.6bn between January and March, down from £2.3bn last ...

Lloyds reported a statutory pre-tax profit of £1.6 billion for the first quarter of the year, a decrease of 28 per cent from the £2.3 billion announced during the same period last year. The figures ...

with a £1.6billion dip in home loans after borrowers switched to rivals. But it pointed to a pick-up in mortgage applications. Chalmers said Lloyds expected the market to grow by around 5 per cent ...

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

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 ...

Britain's biggest mortgage lender said pre-tax profits for the first quarter of 2024 fell by 28%. However, it insisted the drop was in line with expectations.

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 ...

Profits at Lloyds Banking Group fell by more than a quarter in the first three months of the year after Britain’s biggest domestic lender was hit by tougher competition for deposits and mortgages. The ...