News

Figures undermine Osborne's claims that sale presented a profit for taxpayers

Revealed: Bank's £62bn bid to prevent meltdown

Loans were recovered by January and penalties paid; Collapse of banks would have caused panic

Lloyds reveals cash call details

Lloyds Banking Group today set out details of its £13.5bn UK record cash call to the bank's army of 2.8 million private shareholders.

Lloyds to rescue debt-laden Admiral

Admiral Taverns has confirmed that Lloyds Banking Group is working on a financial restructuring of the struggling pubs group that is thought to involve a £600m debt-for-equity swap.

Sean O'Grady: First the £1.2 trillion bailout. Now it's payback time

When was the last time a British bank offered you some exciting new product? Have a think.

Questions Of Cash: 'Your bank card may have been cloned'

Q. I attempted to use my Halifax cash card at Tooting rail station on 25 July and my card was swallowed. My bank told me there had been a £300 transaction, of which I had been unaware. I had my card cancelled immediately. The following week I found there had also been transactions of £306.57 and £55 from Argos in Richmond after my card had been swallowed. I gave a statement to the bank.

Lloyds axes jobs and estate agent before cash call

Bank continues to streamline operation

Fairfax boss steps back

Stefan Allesch-Taylor, one the Square Mile's best known financiers, is quitting his role as chief executive of Fairfax, the investment bank he founded just three years ago.

Homeowners set to sue banks over low interest loans

Homeowners with shared appreciation mortgages win Group Litigation Order

Simon Read: Expect poor service and sneaky tactics from the energy companies

The price war that erupted among the energy companies this week got me thinking about charges. While the price comparison sites and some money experts try to train us into believing that the cheapest is the best, the truth is often far from that. On the principle of "you-get-what-you-pay-for", buying bargains can be a false economy.

Banking complaints revealed

Financial firms have been named and shamed over consumer grievances. Chiara Cavaglieri reports

Lloyds desperate to pull out of toxic-asset insurance plan

Bank in talks with Treasury over possible alternatives to state-backed protection

Whistleblower claims Halifax plans raft of closures

Hundreds of staff providing counter services for Halifax bank customers face an uncertain future after a whistleblower claimed its owners had a plan to close small branches and 300 counters in estate agencies, solicitor's practices and financial advisor's offices.

Developer's collapse threatens Irish bailout

UK banks including RBS and HBOS exposed to failed property empire

Bad debts at Lloyds soar but bank says worst is over

Half-year earnings plummet from £2.75bn profit to £4bn loss; Bank writes off £13bn in unpaid loans following HBoS merger

Econoblog: The banks are still broke

Lloyds Banking Group's write-offs are enormous, about 8 per cent of all their loans. Mostly, I think down to the recession and the old Bank of Scotland's drive into commercial lending, a little ill-judged as it turns out.

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