Lloyds profit drops by nearly three-quarters after Covid-19 hit
The bank revealed the extent of the financial devastation caused by Covid-19, as pre-tax profit fell to £1.2 billion, from £4.4 billion the previous year.
The bank revealed the extent of the financial devastation caused by Covid-19, as pre-tax profit fell to £1.2 billion, from £4.4 billion the previous year.
More than 2,500 jobs are to be axed at John Lewis and Lloyds Banking Group.
On Thursday Lloyds reported a loss before tax of £602 million for the first six months of this year.