Co-Lloyds RSS feed for the Co-Lloyds tag
found 9 stories.
Business
Tamlyn Jones BusinessDesk 4 Aug 10
Part-nationalised bank Lloyds has returned to profit for the first time since its controversial takeover of HBOS , the company said today.
Lloyds recorded pre-tax profits of £1.6bn for the first half of 2010 compared to a £3.96bn loss in the first six months of 2009. Statutory profit before tax was £1.3bn…
Business
Guardian 27 Apr 10
Lloyds Banking Group has become the first of the banks bailed out by the taxpayer to return to profitability after plunging to deep losses during the banking crisis.
After telling the City in March that it expected to make a profit in 2010, the bank revealed today that it had already returned to the black over the first three months of the year, after bad debt charges slowed and its costs were cut as it continued to merge the HBOS business with its Lloyds TSB operations.
Business
B'ham Post 19 August 09
The planned closure of the Cheltenham and Gloucester branch network, with the loss of hundreds of jobs, is being reviewed, owners Lloyds announced today…
Business
B'ham Post 5 August 09
Part-nationalised lender Lloyds Banking Group today said it made a £4 billion half-year loss as HBOS’s reckless lending took its toll. The bank, which is 43 per cent owned by the Government, said impairments on bad debt rose “significantly” to £13.4 billion, largely due to HBOS…
Business
B'ham Post 1 July 09
The finance sector was hit by another jobs hammer blow yesterday with news that Lloyds is to axe 2,100 posts…
Business news
Express & Star 9 June 09
Banking giant Lloyds is to close its Cheltenham & Gloucester branches, including the one in Walsall, as part of a fresh wave of cuts which will see more than 1,000 jobs axed…
Business
Daily Telegraph 8 Jun 09
Part-nationalised Lloyds, which is 43.4 per cent owned by the taxpayer, has raised £4 billion from selling shares to investors and will use the money to buy back special Government-owned preference shares…
Business
B'ham Post 18 May 09
Part-nationalised Lloyds Banking Group wants to raise the funds from shareholders to convert the £4 billion in preference shares owned by the government into ordinary shares…
Business news
Birmingham Post 3 May 09
As the final lap of Birmingham’s top charity trading company approaches, the team at Lloyds TSB has changed into top gear in the bid to raise funds for the renewal unit at Birmingham Children’s Hospital…