Money Retailer collected payments on unwanted mobile for 10 months

Q: You answered a reader’s letter (Questions of Cash, 11 May) on a fraud committed at an HBOS ATM, where a “skimming device” was fitted to the front of the machine.  The victim was obviously unaware of this, but apparently a subsequent customer was as they reported it to the branch when it reopened after the weekend. I have no idea what to look for and many other readers will be similarly uninformed.  Please enlighten us!  IM, by email.

Social housing group Apollo considers separate life after HBOS sale

Apollo, the social housing group that is part of the HBOS bank, has hired big four accountant PricewaterhouseCoopers (PwC) to review the business in a move that could lead to a sale.

Ex-HBOS chief makes swift £2m at Boots

The former boss of rescued bank HBOS earned more than £2 million in pay and benefits for just nine months in his new job heading high street giant Alliance Boots, it emerged today.

David Prosser: A new man in charge at Lloyds Banking Group?

Outlook Sir Win Bischoff, chairman of Lloyds Banking Group, has been quietly sounding out Lord Davies, the former trade minister, about a rather delicate matter. Would Lord Davies, who prior to his move into public office in the latter stages of the last government enjoyed a successful stint running Standard Chartered Bank, like to be considered as a candidate for the chief executive's job at Lloyds, Sir Win wanted to know.

Hornby responds to critics with record result

Andy Hornby refused to take credit for Alliance Boots' impressive annual results yesterday, but the £1bn of profits, one of the best performances this year by a UK retailer, marks the start of the rehabilitation of a man that is blamed by many for 2008's banking crisis, and the subsequent recession

Bovey’s buy-to-let business is put on the market

Imagine Homes, the buy-to-let business run by the husband of television presenter Anthea Turner, is set to go up for sale within two weeks.

Lloyds eyes return to profit

Part-nationalised Lloyds Banking Group today flagged up a return to profit this year after seeing lower than expected bad debts.

Lloyds to spin off billions in property assets

Lloyds Banking Group is believed to be considering plans to hive off a portion of its giant commercial property portfolio into a separate, tax-efficient company.

Union hits out as Lloyds bank axes more jobs

Union leaders attacked banking giant Lloyds today after another 370 job losses were announced.

Lloyds counts cost of HBOS deal as losses hit £6.3bn

Lloyds Banking Group continued to count the cost of its HBOS takeover today after losses hit £6.3 billion and it revealed £24 billion in bad debts.

Calm down! Wood buys Lloyds out of eSure

The eSure founder Peter Wood yesterday promised no let-up when it comes to television's most annoying ads as he celebrated the buyout of Lloyds Banking Group from the business.

Rehabilitation for Britain's disgraced bankers too

America is is not alone in successfully rehabilitating those who have been painted as the villains of the credit crunch: if anything, Britain has been quicker to give once-vilified bankers a second chance.

Moses dropped as Palace try to raise funds from sale

West Bromwich favourites to land striker as Londoners look to appease creditors

Derek Pain: To the Lloyds' duo who saved my cash – thanks

I intend to raise a glass this Christmas to two of the most criticised men in the City. But for the actions of Sir Victor Blank and Eric Daniels, the fortunes of more than two million former HBOS shareholders would have suffered much more severely in the great banking disaster than they actually did.

Lloyds plans to cut pension scheme benefits

Lloyds Banking Group today announced plans to reduce the benefits staff receive under its final salary pension schemes.

The Bank had £150bn ready to stop a run

The Bank of England feared that it might need up to £150bn of emergency funds – more than double the figure which it admitted to last week – to pump into the banking system to prevent a run on the banks in October last year.

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South Africa
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Prices correct as of 19 December 2014
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