Lloyds of London chairman plays down Brexit challenges
Lloyd’s of London chairman John Nelson says insurance market veterans view the challenges thrown up by Brexit as a “walk in the park” compared to the difficulties that nearly obliterated the business just decades ago. Daily Express :: Finance Feed
City News: New Look, Lloyds, BP, and Bellway
NEW Look blamed fewer shoppers and fierce price competition as quarterly profits plunged by more than a third. Daily Express :: Finance Feed
City News: Premier Oil and Lloyd’s insurer Beazley
PREMIER Oil has agreed a deal for refinancing which will give lenders a say on new projects. Daily Express :: Finance Feed
City news: Facebook, Ofcom, Lloyds and Bonmarche
FASHION chain Bonmarche said clearance sales by collapsed department store BHS and changeable weather had hit sales, but self-help measures would trigger a revival next year. Daily Express :: Finance Feed
Share hunter: Lloyds profits have doubled but bank expects slow growth
LLOYDS’ half-year results show the bank doubled statutory profits over the year, from £1.2billlon to £2.5billion. Daily Express :: Finance Feed
Lloyds uses Brexit as ‘excuse for job cuts’ that would have happened anyway, say experts
LLOYDS bank have used Brexit as an excuse for axing jobs and shutting branches that would likely have happened even if Britain had voted to Remain, said critics. Daily Express :: Finance Feed
Lloyds Bank announces 525 job losses but none are linked to Brexit vote
BANKING giant Lloyds has announced 525 job losses, hitting its retail and group operations. Daily Express :: Finance Feed
Share Hunter: Bondholders’ pain is Lloyds shareholders’ gain
LAST week, Lloyds had a brush with the law, facing a judgment from no less than the Supreme Court over £3.3billion of debt issued by the bank during the financial crisis. Daily Express :: Finance Feed
City News: Pheonix Group, Goals Soccer Centre, Lloyds Bank
PHOENIX Group said it was hungry for more deals after agreeing to buy French giant Axa’s UK investment, pensions and insurance businesses, including SunLife for £375million. Daily Express :: Finance Feed
City News: Savings allowance, Lloyds, Moss Bros and Sunday papers
Many savers will no longer have to pay tax on the interest they earn when a shake-up comes into force this week. Daily Express :: Finance Feed