Eric Daniels, chief executive of Lloyds Banking Group, delights the bank’s three million shareholders with a prediction that it will make a profit this year... more
Wealthy investors face a tough year with continuing low interest rates and a General Election, private client fund manager Rathbone Brothers says... more
Another 200 jobs are going at Lloyds Banking Group. The merged High Street giant has ordered redundancies at the LloydsTSB and HBOS general insurance operations ... more
The taxpayer should be cheering. It now looks almost certain that in a month's time Lloyds shareholders will have bought back £4 billion of preference shares owned by the Treasury. ... more
Banking: Sir Peter Burt, former chief executive of Bank of Scotland, has accused his successors at HBOS, which had to be taken over by Lloyds TSB last month, of being “greedy”... more
HBOS painted one of the most dire pictures of the economy to date, as its shareholders met in their hundreds to vote on the bank’s £11.5 billion bailout and takeover by Lloyds TSB... more
Banking: Britain's clearing banks speed up their promises of more help for small business as the Government drops plans to force them to lend more under new legislation... more
Three of HBOS's biggest shareholders dismissed the plan by two former leading Scottish bankers to scupper its £6 billion takeover by Lloyds TSB... more
Lloyds TSB will not only drop the TSB from its name but there will be no sign either of Halifax or Bank of Scotland in its monicker once the takeover is voted through. Instead the new enlarged group will quite simply be called Lloyds Banking Group Plc. ... more
Banking: HBOS admitted it suffered a serious surge in savers withdrawing their cash in the six weeks of September and early October ahead of the Government's bailout and forced takeover by Lloyds TSB... more
Shares in Halifax and Bank of Scotland owner HBOS jumped another 14% amid growing conviction in the stock market that its £11.7 billion takeover by Lloyds TSB will happen... more
On holiday in Greece last week I paused outside a newsagent to read a British front page. HBOS shares had crashed 48 per cent in a single day. Twenty-four hours later I learned my bank of 25 years was bust... more
Banking: Lloyds TSB management are to meet Scottish First Minister Alex Salmond over Lloyds' takeover of HBOS in what has become a highly politically charged deal... more
Sir Peter Burt, one of Britain's most respected bankers in the period when he ran Bank of Scotland until it merged with Halifax seven years ago, has come out with an interesting take on moral hazard... more
How can the banks that did avoid the pitfalls reap the benefits of their good judgment if all the others are saved from the consequences of their mistakes?... more
HBOS, Britain's fourth-largest bank and owner of the biggest mortgage lender Halifax, has warned that it expects financial market conditions to remain uncertain throughout 2008... more
Sofia Coppola's boyfriend is lead singer and they won the Grammy for Best Alternative Music Album this year. Now, Phoenix tell Nosheen Iqbal, they are set to conquer London
Move over, Mahiki. Nightclub entrepreneurs Charlie Gilkes and Duncan Stirling are soon to launch a new Eighties-inspired club in Chelsea, in honour of Lady Thatcher
Afternoon:
14°c
