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TV presenter Noel Edmonds took his legal battle with Lloyds Bank into the company’s AGM today. He believes he was the victim of fraud by former staff inside HBOS. That bank was taken over by Lloyds at the height of the financial crisis, and Mr Edmonds now wants compensation from them. At today’s meeting in…
The popular quiz show host Noel Edmonds has turned into something of an anti-banks campaigner after he claims he lost millions through his dealings with HBOS. He’s now involved in a £300m compensation battle with Lloyds Banking group, to cover losses relating to the collapse of his entertainment firm a decade ago and what he…
The Government has sold its remaining shares in Lloyds Banking Group, returning the bank fully into private hands. Lloyds received a £20bn taxpayer bailout at the height of the financial crash eight years ago. The bank says that has now been repaid in full, but not everyone is happy. Channel 4 News has been talking…
Siobhan Kennedy
The plan had been for the Chancellor and the Lloyds bank boss Antonio Horta-Osorio to go on a walkabout at an apprenticeship training centre in Coventry. A mutual back-slapping moment to celebrate, almost a decade on, the return of the once beleaguered Lloyds into private ownership. But the general election happened and purdah rules knocked…
The government sold its remaining shares in Lloyds today, with the bank declaring that the sale returned “more than £21.2 billion to the British taxpayer, repaying £894 million more than the original investment”.
Lloyds Banking Group is paying its first dividend for six years after reporting a rise in profit, which has allowed the UK government to cut its stake in the lender.
The Lloyds Banking Group is to close 200 of its branches. It says the move is aimed at improving efficiency and customer service – but what does it tell us about the future of banking in Britain?
State-backed Lloyds Banking Group announces it is to cut around 10 per cent of its current work force and close 150 branches in an effort to simplify the business and be more efficient.
Lloyds Banking Group is forced to set aside a further £1.8bn to compensate customers for mis-sold insurance products, possibly delaying plans for its re-privatisation.
Lloyds Banking Group announces new plans which will see 40 per cent of its top 5,000 jobs occupied by women within six years.
Lloyds Banking Group says sorry after customers were left unable to use their cards or withdraw cash for hours following an IT glitch.
Taxpayer-backed Lloyds Banking Group is fined a record £28m after the City regulator uncovered failings in its bonus schemes that put pressure on sales staff to hit targets or risk being demoted.
George Osborne’s headline figure is that the Lloyds share sale has “raised” £3.2bn. But how much of that is profit and has he factored in borrowing costs? FactCheck digs out its calculator.
George Osborne denies that the government’s sale of 6 per cent of its shares in Lloyds has actually led to a loss for the British taxpayer.
Channel 4 News Business Correspondent Siobhan Kennedy challenges Chancellor George Osborne on his claim that the taxpayer made a profit from the sale of Lloyds shares.
