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The Latest Breaking News from Charlie Nunn

Lloyds boss warns Reeves against raising bank taxes amid growth mission

Charlie Nunn said such increases would not be ‘consistent’ with the Government’s plans.

Evening Standard

Lloyds boss warns Reeves against hiking taxes on banks as profits rise 17%

Charlie Nunn says higher taxation would be inconsistent with chancellor’s drive for growth

The Guardian - UK

Reeves unveils City strategy aimed at cutting red tape and fuelling UK growth

‘Leeds Reforms’ include streamlined accountability for senior bankers and a campaign to get more consumers investing in stock market

The Guardian - UK

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Lloyds chief slams detail in Labour’s pension plan

IN FULL

The Independent UK

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

Prince of Wales wants project to end homelessness ‘to move to the mainstream’

The prince visited an 11-bed housing scheme in Poole for people with mental health issues.

Evening Standard

Lloyds boss gets nearly £2m pay rise amid profit slump and branch closures

Chief executive Charlie Nunn took home £5.6 million last year, boosted by long-term bonus payments tied to Lloyds’s shares.

Evening Standard

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Lloyds puts aside a further £700m for compensation over car finance scandal

Profits hit as total held back for payouts rises to almost £1.2bn amid uncertainty over final financial impact

The Guardian - UK

Lloyds Banking Group to shut another 136 UK high street branches

Lloyds, Halifax and Bank of Scotland branches to close as group accelerates shift to digital and mobile banking

The Guardian - UK

Trump tariffs could be ‘opportunity’ for UK, Lloyds boss says

Charlie Nunn, who runs Lloyds Bank, the largest mortgage lender in the UK, said that he was optimistic about growth for the UK economy but it must come quickly.

The Independent UK

Lloyds chief says UK has chance to ‘stand out’ globally amid Trump presidency

Charlie Nunn said there was ‘real concern about growth in Europe’.

The Independent UK

‘Animal spirits alive’ as Wall Street bankers anticipate Trump boom

US president is expected to slash financial controls and prompt wave of dealmaking

The Guardian - UK

Lloyds to let customers use Halifax and BoS branches, raising job cut fears

Account holders at the group’s three brands will be able to use any of their locations, but unions fear site closures

The Guardian - UK

P&O Ferries not rogue, says business secretary after cabinet rift

Jonathan Reynolds continues damage limitation effort after colleague Louise Haigh called firm a ‘rogue operator’

The Guardian - UK

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The Guardian - UK

Lloyds predicts drop in defaults on loans and mortgages as UK economy improves

Bank sets aside just £44m for bad debts and defaults in second quarter amid upbeat outlook

The Guardian - UK

Disused Lloyds office sites to be converted into social housing

Exclusive: Bank launches project by selling Pudsey site as CEO says Labour’s commitment to sector is ‘clearer’ than last government’s

The Guardian - UK

Lloyds sets aside £450m for car loan fines and payouts

Bank’s profits rise 57% but it says there is ‘significant uncertainty’ over liability amid FCA investigation

The Guardian - UK

Lloyds chief urges UK policymakers to keep their hands off banks’ profits

CEO Charlie Nunn calls for measures such a windfall tax to be ruled out before next general election

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news in one place.

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Evening Standard

OPINION - The Barclays are back with a bang and the Telegraph sale has been turned completely on its head

A motorbike weaves through the London traffic. It’s heading across town, from Belgravia to the City. Riding pillion is Aidan Barclay. The bike races up to the doors of the Lloyds Bank headquarters. Barclay dismounts, rushes in and thrusts a piece of paper into the startled receptionist’s hand. It’s a…

The Independent UK

Lloyds braces for loan losses as borrowers face £360 monthly mortgage jump

The banking group revealed its half-year profit increased by more than a fifth compared with last year.

Evening Standard

No recession and lower rates on way, predicts mortgage giant Lloyds Bank

BRITAIN’S biggest mortgage lender offered hope to the nation’s homeowners today and predicted the UK will no longer fall into recession next year.

Daily Mirror

Lavish homes of fatcat bank bosses tackling mortgage crisis - including £12k treehouse

Top bankers advising on the home loan crunch have been revealed as multi-million pound homeowners with no mortgages and 'woodland-type' gardens, while many families struggle to make ends meet.

The Independent UK

Not-for-profit lettings agency will help ease ‘chronic lack’ of affordable homes

Lloyds Banking Group said fundraising will support Crisis to develop and launch a new not-for-profit lettings agency.

The National (Scotland)

Major bank predicts 'mild recession' as bankers' bonus pot swells to five-year high

ONE of the country’s biggest banks is steeled for a “mild recession” in the coming months as house prices are predicted to fall amid continued…

Wales Online

Lloyds says UK will have 'mild' recession but house prices will tumble

The banking giant said it had already seen an increase in the number of people defaulting on their mortgages

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