Why Gen Z are quitting their jobs to focus on side hustles February 29, 2024 Members of Gen Z are more likely than other generations to make side hustles a full-time gig, according to new research.
UK economy: Business confidence remains high with firms set to increase headcount February 29, 2024 Despite falling into a shallow recession in the second half of last year, business surveys have pointed to an upturn at the beginning of the year.
Lloyds could face £3.5bn hit from FCA motor finance probe, analysts warn February 22, 2024 A wide-ranging review of historic motor finance commission arrangements has rocked the UK’s banking sector.
Lloyds, HSBC, Barclays and Natwest post record £44bn profits from global interest rate hikes February 22, 2024 The UK's biggest banks notched their highest combined annual profits ever last year as interest rate hikes around the world gave lenders gaping margins.
Lloyds sets aside £450m for FCA motor finance probe February 22, 2024 Lloyds Banking Group has reported a record annual profit on the back of higher interest rates while setting aside £450m for a Financial Conduct Authority motor finance probe.
Lloyds set for uptick in annual profits as investors look for clues on motor finance probe February 17, 2024 Lloyds Banking Group is set to report an uptick in annual profits next week on the back of higher interest rates, with its cost control, impairments and exposure to an FCA motor finance probe in focus.
Big banks set for bumper annual profits as interest rates peak February 12, 2024 Britain's biggest banks are set to report strong annual profits over the next two weeks despite mounting margin pressure from a likely peak in interest rates.
Santander and Lloyds reportedly helped Iran-backed oil firms evade UK sanctions February 5, 2024 The Financial Times reported that both Lloyds and Santander provided accounts to British front companies owned by Petrochemical Commercial Company (PCC).
Lloyds to scrap mobile banking vans which help ‘as little as two customers’ January 29, 2024 Lloyds Banking Group is scrapping its mobile banking vans this year as part of its transition to digital banking, with demand for the service tumbling in recent years.
Lloyds to cut 1,600 jobs in transition from branches to online banking January 25, 2024 Lloyds Bank is to cut some 1,600 jobs across its branch network, a company spokesperson has told City PM, as part of its shift towards digital services. The move from Britain’s largest domestic bank is the latest in a series of layoffs within the sector amid margin pressure from peaking interest rates and fierce competition [...]
