UK business confidence slips in September: Lloyds Bank
LONDON (Reuters) – British business confidence declined in September as optimism about the economic outlook faded, a survey showed on Friday, adding to signs of a slowdown in the economy. The Lloyds…
UK firms turn more hopeful, pricing plans cool – Lloyds survey
LONDON (Reuters) – British businesses were their most confident this month since May 2022 and pricing expectations, which are being watched by the Bank of England as it grapples with high inflation,…
Lloyds hires ING tech boss as operations head
LONDON (Reuters) – Britain’s biggest domestic bank Lloyds has hired ING’s technology chief to run its operations, Lloyds said on Thursday. Ron van Kemenade will join Lloyds as group chief operating officer…
UK’s Lloyds Bank offers UK staff 2,000 pounds minimum pay rise
By Iain Withers LONDON (Reuters) – Britain’s biggest domestic bank Lloyds has offered UK staff a minimum 2,000 pounds ($2,242) pay rise, a source with knowledge of the talks told Reuters, as…
Lloyd’s of London building to close for Queen’s funeral
LONDON (Reuters) – Lloyd’s of London plans to close its building on the day of Queen Elizabeth’s funeral as a mark of respect, a spokesperson for the commercial insurance market said on…
Inflation pressure hurts UK business confidence: Lloyds
LONDON – British business confidence fell this month to its lowest since March 2021 as companies worried about inflation, while pay pressures also increased, according to a survey on Friday. Lloyds Bank…
Quarter of firms reach Lloyd’s of London 35% target for women leaders
LONDON – A quarter of firms operating at Lloyd’s of London have reached the commercial insurance market’s target for 35% of leaders to be women, though progress on diversity was “incremental”, Lloyd’s…
UK business confidence ticks higher in May – Lloyds Bank
LONDON – Sentiment among British businesses edged higher in May, except for consumer-facing companies that are most exposed to the growing cost-of-living crunch, a survey showed on Tuesday. The Lloyds Bank Business…
Britain’s Lloyds profit recovery marred by fraud costs
By Iain Withers and Lawrence White LONDON -Britain’s largest high street bank Lloyds posted a jump in annual profits on Thursday but was dented by further costs for past misdeeds, as the…
Airlines need to negotiate Ukraine insurance cover for flights – Lloyd’s official
LONDON – Airlines will need to negotiate Ukraine aviation cover with their insurers, with some of the required war risk policies now being agreed on a daily basis, a senior Lloyd’s market…
UK businesses scale back pay plans despite higher inflation – Lloyds
LONDON – British businesses are scaling back plans for pay rises and hiring, but almost half intend to increase the prices they charge customers as they seek to manage rapidly rising costs,…
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