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The Latest Breaking News from Lloyds

Lloyds takes £151m hit from Iran war as it forecasts rise in UK unemployment

Bank expects its base case for GDP growth to be 0.5% this year, lower than IMF’s 0.8% prediction for Britain

The Guardian - UK

Lloyds earnings jump by a third but UK economic outlook worsens

New economic forecasts published by the bank reflect the possible “stagflationary consequences” of war in the Middle East.

Evening Standard

Lloyds admits thousands more customers’ data exposed in IT glitch

IN FULL

The Independent UK

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More than 500,000 Lloyds and Halifax customers may have been affected by glitch

More than 6,000 people have now received payments

The Independent UK

Lloyds Bank issues update on ‘goodwill payment’ after major app glitch

IN FULL

The Independent UK

Lloyds reveals another 80,500 may have been impacted by IT glitch

The lender has now paid out £201,000 to 5,250 people impacted by the IT issues on March 12.

Evening Standard

Lloyds Bank confirms another 80,500 customers’ transactions may have been exposed by major IT glitch

The bank confirmed it has paid £201,000 to 5,250 people, alongside an additional £62,000 in ‘goodwill’ payments

The Independent UK

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Banking Updates: Lloyds Bank, HSBC, NatWest Changes and What They Mean for You

New UK rules require banks to give 90 days' notice and clear reasons before closing accounts, improving fairness and customer protection.

International Business Times UK

New Lloyds Banking Group partnership aims to cut hassle for home buyers

The digital service, involving Lloyds, Connells Group and conveyancing provider LMS, aims to reduce delays and uncertainty when buying a home.

Evening Standard

Bank bosses called to meeting with Reeves over impact of Iran war on UK economy

HSBC, Barclays, Lloyds, NatWest and Santander will this week discuss with chancellor how to limit effects of conflict

The Guardian - UK

'Redistributing bikes to those who need them most, making cycling more accessible for everyone' – ReCycle Hubs launch across the UK

Tackling a crisis in bike affordability, Lloyds ReCycle Hubs repair and rehome pre-loved bikes

Cycling Weekly

Lloyds sticks to £2bn provision for motor finance compensation

This is despite the FCA making a number of changes to the scheme, compared to its original proposals set out last year.

Evening Standard

FTSE 100 Live 02 April: Oil price surges on Trump speech, index holds firm

Stock markets are lower and oil prices higher after President Trump’s address on the Iran war broke little new ground.

Evening Standard

Car finance lenders shares rise after industry bill for redress cut by £2bn

Lloyds and Barclays shares were up by more than 1% and Close Brothers rising by around 2.5% on Tuesday.

Evening Standard

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Evening Standard

FTSE 100 Live 31 March: Markets rally, Unilever on brink of foods merger

A tumultuous month for financial markets is ending with the FTSE 100 index higher for a second successive session.

The Guardian - UK

Lloyds bank faces £66m court battle with car loan customers

Law firm is preparing claim on behalf of 30,000 consumers who fear the FCA’s redress scheme will shortchange them

The Guardian - UK

Almost half a million Lloyds customers had personal data exposed in IT glitch

Letter from group published by MPs blames 12 March glitch on software update to its mobile banking apps

The Independent UK

Lloyds IT glitch exposes personal data of nearly half a million customers

IN FULL

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TechRadar

Lloyds admits nearly half a million banking customers affected by account glitch exposing transaction data

Lloyds, Halifax and Bank of Scotland customers may remember that weird app glitch – now we know a lot more.

Evening Standard

Nearly half a million Lloyds customers hit by data breach after IT glitch

The bank has so far paid out £139,000 in compensation to 3,625 customers for distress and inconvenience linked to the incident.

The Independent UK

Lloyds pays out £139k in compensation after IT glitch lets customers view other accounts

The incident affected nearly half a million customers across its Lloyds, Halifax, and Bank of Scotland brands

The Guardian - UK

UK banks keep £100 limit for contactless card payments despite FCA scrapping it

Banking lobby group says lenders are holding off changes as there is no widespread consumer demand for now

The Independent UK

Major £100 contactless card limit rule is set to change — what you need to know

The contactless limit has been changed several times previously

The Independent UK

MPs demand answers after major banking app glitch

IN FULL

Evening Standard

Lloyds faces questions from Treasury Committee about recent banking app glitch

Treasury Committee chairwoman Dame Meg Hillier said in a letter that she would welcome a set of responses to the ‘troubling incident’.

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