Lloyds

News

Reuters - 14 hours ago

Big banks in Britain eyed by watchdog over low saving rates

Big banks in Britain eyed by watchdog over low saving rates LONDON, Sept 18 (Reuters) - The largest banks in Britain are paying below-average interest rates for some savings accounts and face regulatory action if they fail to offer better value, the Financial Conduct Authority (FCA) warned on Wednesday. The FCA, which last year launched a review of the cash savings market, said it had worked with Lloyds LLOY.L , HSBC HSBA.L , NatWest NWG.L , Santander UK SAN.MC , Barclays BARC.L , Nationwide Bui

Reuters - 1 week ago

Lloyd's of London plans overhaul of 'unclear' conduct rules

Lloyd's of London plans overhaul of 'unclear' conduct rules LONDON, Sept 12 (Reuters) - Lloyd's of London SOLYD.UL said on Thursday it plans to overhaul its rules on dealing with poor conduct in the commercial insurance market as its current processes for dealing with bad behaviour could be "unclear". The Lloyd's of London market, which employs nearly 50,000 people across insurance underwriting and broking, has come under scrutiny for conduct issues, including sexual harassment .

Reuters - 1 week ago

Britain's challenger banks boosted by capital rules revamp

ANALYSIS-Britain's challenger banks boosted by capital rules revamp Bank of England lightens capital rules on UK banks Big banks dominate market as minnows struggle with red tape Smaller lenders consolidating in 2024 to try to compete By Sinead Cruise and Lawrence White LONDON, Sept 12 (Reuters) - Revised UK bank capital rules have thrown a lifeline to smaller lenders struggling to poach market share from Britain's biggest banks, boosting their chances of offering more competitive rates in the 1

Reuters - 1 week ago

Bank of England eyes growth with lighter bank capital reforms for UK lenders

UPDATE 4-Bank of England eyes growth with lighter bank capital reforms for UK lenders BoE revises approach to mortgage, small business lending New rules pushed back to Jan. 1, 2026, to aid implementation Reeves says reforms will help banks support growth, investment Adds comments from NatWest in paragraph 17, Forvis Mazars in paragraph 18, updates shares in paragraph 12 By Sinead Cruise LONDON, Sept 12 (Reuters) - The Bank of England aims to roll out revised new rules on how much capital UK bank

Reuters - 1 week ago

Bank of England forges ahead with lighter bank capital reforms

Bank of England forges ahead with lighter bank capital reforms LONDON, Sept 12 (Reuters) - The Bank of England is pushing ahead with the rollout of revised new rules on how much capital UK banks must set aside to cope with future crises, as it juggles efforts to shock-proof lenders without hurting their global commercial interests. In a speech published on Thursday, the regulatory arm of the central bank said it would make "substantial amendments" to earlier proposed Basel bank capital reforms i

Reuters - 1 week ago

UK bank tax would fall on shrinking shoulders

BREAKINGVIEWS-UK bank tax would fall on shrinking shoulders The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Liam Proud LONDON, Sept 11 (Reuters Breakingviews) - Asked why he robbed banks, outlaw Willie Sutton is supposed to have replied, “because that’s where the money is”. British finance ministers have often displayed a similar attitude towards lenders when it comes to tax policy.

Reuters - 1 week ago

British Business - Sept 10

PRESS DIGEST-British Business - Sept 10 Sept 10 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Engineers at BP BP.L will be expected to make faster decisions using AI-generated advice about oil and gas exploration after the energy company struck a deal with Palantir Technologies PLTR.N .

Reuters - 1 week ago

UK's Barratt creates JV with Homes England, Lloyds to develop large sites

UPDATE 1-UK's Barratt creates JV with Homes England, Lloyds to develop large sites Updates with sector context Sept 9 (Reuters) - British homebuilder Barratt BDEV.L said on Monday it has entered into a joint venture with Lloyds Banking Group LLOY.L and government body Homes England to focus on developing large sites. WHY IT'S IMPORTANT The interest rate cut last month, the first in the UK in more than four years, was seen as a near-term boost for the housing sector, where affordability concerns

Reuters - 1 week ago

UK Stocks-Factors to watch on Sept 9

UPDATE 1-UK Stocks-Factors to watch on Sept 9 Adds new items, updates futures Sept 9 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Monday, with futures FFIc1 up 0.6%. * BARRATT: British homebuilder Barratt said it has entered into a joint venture with Homes England and Lloyds Banking Group to create MADE Partnership to focus on the development of large sites.

Reuters - 1 week ago

UK homebuilder Barratt creates JV with Homes England, Lloyds

UK homebuilder Barratt creates JV with Homes England, Lloyds Sept 9 (Reuters) - British homebuilder Barratt BDEV.L said on Monday it has entered into a joint venture with Homes England and Lloyds Banking Group LLOY.L to create MADE Partnership to focus on the development of large sites. Reporting by Aby Jose Koilparambil in Bengaluru

Reuters - 2 weeks ago

Commercial insurance prices may not yet be coming down, Lloyd's chairman says

UPDATE 1-Commercial insurance prices may not yet be coming down, Lloyd's chairman says Recasts, adds chairman comment paragraphs 4-6, background in paragraphs 7-8 By Carolyn Cohn LONDON, Sept 5 (Reuters) - Commercial insurance premiums may not yet be turning lower despite years of increases, Lloyd's of London SOLYD.UL chairman Bruce Carnegie-Brown told Reuters, as the market reported a 26% jump in first-half pre-tax profit on Thursday.

Reuters - 2 weeks ago

Lloyd's of London reports 26% jump in H1 profit

Lloyd's of London reports 26% jump in H1 profit LONDON, Sept 5 (Reuters) - Commercial insurance market Lloyd's of London SOLYD.UL on Thursday reported a 26% jump in first-half pre-tax profit to 4.9 billion pounds ($6.44 billion), as its members avoided riskier business. Lloyd's, which is made up of more than 50 insurance companies, underwrites specialist risks from oil rigs to professional footballers' legs.

Reuters - 2 weeks ago

Nasdaq, S&P 500 dip; focus on labor market

LIVE MARKETS-Nasdaq, S&P 500 dip; focus on labor market S&P 500, Nasdaq finish down slightly; Dow up Energy leads S&P 500 sector decliners; utilities leads gainers Dollar, oil prices, bitcoin down; gold flat U.S. 10-yr Treasury yield eases to ~3.76% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com NASDAQ, S&P 500 DIP; FOCUS ON LABOR MARKET The S&P 500 .SPX and Nasdaq .IXIC ended s

Reuters - 2 weeks ago

Declining rates enhancing US stocks allure vs corporate bonds

LIVE MARKETS-Declining rates enhancing US stocks allure vs corporate bonds Dow, S&P 500 down slightly; Nasdaq flat Energy leads S&P 500 sector decliners; utilities leads gainers STOXX 600 down ~1% Dollar, oil prices, bitcoin down; gold up U.S. 10-yr Treasury yield down to ~3.78% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.

Reuters - 2 weeks ago

Why this US jobs report is especially key

LIVE MARKETS-Why this US jobs report is especially key Dow, S&P 500 down slightly; Nasdaq flat Utilities biggest S&P 500 sector gainer; energy leads decliners STOXX 600 down ~1% Dollar, oil prices down; gold up; bitcoin flat U.S. 10-yr Treasury yield down ~3.78% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.

Reuters - 2 weeks ago

European banks: Are tailwinds about to fade?

LIVE MARKETS-European banks: Are tailwinds about to fade? Major U.S. stock indexes modestly green; Nasdaq up ~0.1% Utilities biggest S&P 500 sector gainer; energy leads decliners STOXX 600 down ~1.3% Dollar, oil prices down; gold, bitcoin slightly up U.S. 10-yr Treasury yield down ~3.78% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.

Reuters - 2 weeks ago

UK regulator proposes slashing bank payout cap for fraud victims

UPDATE 1-UK regulator proposes slashing bank payout cap for fraud victims Majority of scams caught by proposed new cap - PSR Latest consultation closes on Sept 18, new regime due on Oct. 7 High caps could trigger "complicit fraud" - industry Adds details throughout, PSR comment paragraph 4, lawyer quote paragraph 11 By Kirstin Ridley LONDON, Sept 4 (Reuters) - Banks and payment companies in Britain might only have to reimburse fraud victims by up to 85,000 pounds ($111,460) - far short of an exp

Reuters - 2 weeks ago

UK banks brace for possible tax rise in first Labour budget, sources say

UPDATE 2-UK banks brace for possible tax rise in first Labour budget, sources say Adds detail on Jamie Dimon meeting Reeves in paragraphs 5-7 By Sinead Cruise LONDON, Sept 4 (Reuters) - Banks in Britain are intensifying their lobbying against possible tax hikes in the new Labour government's first budget next month, amid concerns it may tap the sector to boost public finances, senior industry sources told Reuters.

Reuters - 2 weeks ago

UK banks brace for possible tax hikes as Budget nears, sources say

UK banks brace for possible tax hikes as Budget nears, sources say By Sinead Cruise LONDON, Sept 4 (Reuters) - UK-based banks are stepping up lobbying efforts against possible tax hikes in the government's inaugural Budget on Oct. 30, amid mounting worries it may tap the cash-rich sector to boost Britain's finances, senior industry sources told Reuters.

Reuters - 2 weeks ago

BBVA gets UK approval for Sabadell's TSB bank acquisition

UPDATE 2-BBVA gets UK approval for Sabadell's TSB bank acquisition Adds detail on government opposition, valuation, premium from paragraph 5 By Jesús Aguado MADRID, Sept 3 (Reuters) - Spanish bank BBVA BBVA.MC said on Tuesday that Britain's Prudential Regulation Authority has approved it taking indirect control of Sabadell's SABE.MC TSB. BBVA said the authorisation is one of the approvals BBVA has to secure for its more than 12 billion euro bid for Sabadell, since the British bank would become

Conditions

Popular Assets

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Lloyds

News

Conditions

Popular Assets

XM Live Chat