The U.K.’s efforts to inject competition in the small business banking and financial services sector have culminated in a range of initiatives, from the bank...
Lloyds Banking Group is being criticized for making its overdraft fees more expensive and complicated for its customers. According to The Financial Times, on Monday...
Lloyd’s of London has announced that it might impose a ban on insurance brokers who refuse to digitalize their business in 2019. In a press...
Lloyds Banking Group is expected to announce plans this week to create 8,000 jobs as part of a £3 billion transformation and technology investment program....
Lloyds Banking Group has been ordered by the Competition and Markets Authority (CMA) to improve its communications with customers pertaining to payment protection insurance (PPI)...
U.K. financial institution Lloyds was criticized by lawmakers Monday (July 30) over its program to compensate small business victims of fraud related to the bank’s...
Which?, a U.K.-based consumer group, and a cross-party group of 84 MPs are taking on bank overdraft fees, demanding the Financial Conduct Authority (FCA) require...
Large financial institutions in the U.K. are stepping in to help companies affected by the collapse of construction giant Carillion. Reports in the BBC on...
In business banking news, the U.K.’s Financial Conduct Authority (FCA) plans to propose an extension of its jurisdiction from serving individuals and micro-businesses to also...