Lloyds Banking Group has unveiled plans to cut costs by £2 billion through a new four-year strategy centred on artificial intelligence, digital investment and productivity gains.
Bank of England may restart rate cuts in fourth quarter
The Bank of England could begin cutting interest rates in the fourth quarter of 2026 if energy market pressures ease, according to Andrew Wishart of Berenberg.
Bank of England likely to keep rates steady at 3.75%
The Bank of England is widely expected to hold interest rates at 3.75% at today’s policy announcement, as policymakers take a cautious stance amid escalating tensions in the Middle East.
Bank of England flags risk of downturn in global stocks
Sarah Breeden has warned that investors should be prepared for a potential correction in global equity markets, citing elevated valuations and mounting risks.
Markets see Bank of England more likely to raise rates
The Bank of England is increasingly likely to raise interest rates this year rather than hold them steady, according to economists at Pantheon Macroeconomics.
Oil price spike fuels bets on rising interest rates
The Bank of England may be forced to raise interest rates later this year as surging oil prices raise fears of a renewed inflation shock.
Lloyds scraps Post Office cheque deposit service as branch closures accelerate
Lloyds Banking Group has terminated its cheque deposit service at Post Office counters, a decision that carries significant implications for retail banking accessibility across the United Kingdom. The banking group,
Lloyds Banking Group set to shut 95 branches in coming months – see full list
Lloyds Banking Group has confirmed a further wave of branch closures across the UK, with 95 locations set to shut between May 2026 and March 2027.
Executive Pay Surges at UK Banks Despite Mass Branch Closures
Chief executives at three of Britain’s largest banking institutions have received substantial compensation packages totalling £29 million whilst their organisations continue to accelerate the closure of physical branch networks.
Lloyds Banking Group set to shut 95 branches in coming months – see full list
Lloyds Banking Group has confirmed a further wave of branch closures across the UK, with 95 locations set to shut between May 2026 and March 2027.
BoE keeps rates on hold at 3.75% after narrow 5–4 decision
Oh wow indeed — that is a really close call from the Bank of England.
Bank of England cuts rates as UK economy stagnates
The Bank of England has cut interest rates in response to mounting signs of a prolonged slowdown in the labour market.