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The Latest Breaking News from Lloyds

Labour’s pension plans remind me of communist China, says Lloyds chief

Proposed £25bn megafunds will seek to create more long-term wealth for people

The Independent UK

More than 23m Britons think they may be due compensation for mis-sold car loans, UK poll finds

Survey comes before supreme court decision on secret commission payments ruled unlawful by court of appeal

The Guardian - UK

Santander to buy TSB for £2.65bn amid fears of branch closures and job losses

Purchase would be third major ownership shake-up for high street lender in 12 years

The Guardian - UK

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£185 in cash and free cinema tickets: July’s best offers to switch banks

If you’re looking for a new bank, make sure to get a good deal beyond just the initial cash payment

The Independent UK

Major UK bank will now pay you £185 to switch to them

Banks and building societies can pay you to move to them but be sure to check the product suits your needs

The Independent UK

Bank says people can get almost 14 hours of free time every week, thanks to AI - but, of course, you need to be rich

Lloyds Bank says AI could free 14 hours weekly, but this time-saving revolution appears tailored for high earners with access to premium tech tools.

TechRadar

Britons have just 23 hours of ‘genuinely free’ time a week – so much for labour-saving technology

AI really could shift the locus of life and meaning away from work, but we must have vision and daring to make it happen, says journalist Elle Hunt

The Guardian - UK

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Banks significantly increased fossil fuel financing in 2024, analysis finds

The annual Banking on Climate Chaos report found a shift in direction after fossil fuel financing had been decreasing over the previous four years.

Evening Standard

Hey AI! Can ChatGPT help you to manage your money?

We asked a chatbot some common finance questions – and then ran its responses past human experts

The Guardian - UK

Festival-goers warned to watch out for ‘ticket traps’ when booking summer events

Music fans desperate to get their hands on coveted tickets could be susceptible to scams.

Evening Standard

Hubris, crisis and scandal: how the NatWest ‘soap opera’ unfolded

From Fred ‘the Shred’ Goodwin to Nigel Farage ousting the CEO, it’s been a bumpy ride for the now-privatised banking group, formerly RBS

The Guardian - UK

High-street bank offering £500 gift card to new customers – see if you are eligible

Only those who earn £100,000 or more a year are eligible

The Independent UK

High street bank branches are ‘thriving’, Nationwide says

The building society suggested that customers were switching from rival banks in order to make use of its branch network.

Evening Standard

About £1bn in car loan compensation at risk because data deleted, lawyers warn

Lenders’ routine purging after six years means details of some car buyers due compensation may have been lost

The Guardian - UK

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The Independent UK

Britain’s most expensive seaside towns and cheaper ‘hidden gems’ revealed

House price data was analysed for the Lloyds Coastal Homes Review.

The Independent UK

Britain’s most expensive seaside towns and cheaper hidden gems

Salcombe in Devon, with its galleries and boutiques, is second on the Lloyds list

The Independent UK

4 mental effects of fraud – and how to heal after being scammed

Being scammed can significantly impact mental health, leading to feelings of anxiety, shame and a loss of trust.

The Independent UK

Lloyds account ‘will help empower affluent customers to reach financial goals’

The bank said the Lloyds Premier account is a ‘strategically important milestone’ in its growth ambitions for affluent customers.

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news in one place.

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The Independent UK

NatWest reveals the impact of AI on its bank and workforce

More than 60,000 people work at NatWest, with AI recently introduced at the commercial bank

Evening Standard

NatWest boss says AI is ‘addition’ to human jobs rather than replacement

Chief executive Paul Thwaite told MPs: “We don’t see a direct link between deploying technology and removal of jobs.”

The Guardian - UK

‘Free hamper – just pay P&P’: the scam offers targeting your bank details

Scammers offering prizes or free gifts to UK consumers are taking tens of thousands of pounds a year

The Guardian - UK

Man charged with murder after stabbing at Lloyds branch in Derby

Haybe Cabdiraxmaan Nur charged over killing of ‘humble, quiet and kind guy’ Gurvinder Johal

The Independent UK

Two arrested after customer stabbed to death inside city centre bank

A formal identification has not taken place, but his family have been made aware

Evening Standard

Two men arrested after customer stabbed to death in city centre bank

A man in his 30s was attacked inside Lloyds Bank in St Peter’s Street, Derby, at around 2.35pm on Tuesday.

The Guardian - UK

UK ministers to meet bank bosses over lending to small businesses

Rachel Reeves concerned that lenders’ restrictions are holding back growth in the SME sector

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