On Thursday Lloyds reported a loss before tax of £602 million for the first six months of this year. 

Lloyds posts £602m loss amid economic outlook warning

The bank has a major shake-up planned for borrowing charges starting in November. 

Lloyds to scrap fees on unplanned overdrafts

Lloyds Banking Group has been fully returned to private hands, sources have said.

All proceeds from the sale of shares are used to reduce the national debt. 

The financial performance of Lloyds Banking Group is said to be a strong indicator for the health of the entire UK economy.

The latest share reduction is hailed a 'milestone', nine years after a £20.3bn bailout bought taxpayers a 43% stake in the crisis-hit bank.

Lloyds Banking Group is cutting 3,000 jobs and shutting 200 branches as the lender braces for a cut in interest rates, it has announced.

The bank will cut 625 jobs as part of a strategy announced in 2014, but will create 195 new roles.

George Osborne would have been widely criticised for selling off shares at a big loss to taxpayers in today's febrile market conditions.


The chancellor has postponed the sale of the government's stake in Lloyds, blaming the delay on the fragile global economy.

TSB staff are to be handed free shares worth £100 as part of a John Lewis-style reward scheme unveiled by the challenger bank today.

Lloyds profits are up, but the banking group will not be considered truly rehabilitated until it starts paying dividends once again.

The Government is looking to reduce the overall size of the taxpayer stake in Lloyds and simultaneously shift more than five billion shares.

Lloyds was fined millions for incentivising its staff to sell customers financial products they don't need. So how much has changed?

TSB has been relaunched as a standalone bank - 18 years after disappearing when it merged with Lloyds.