Category: Lloyds Banking Group

City minister accused of ignoring £2bn car finance tax loophole

Critics say banks will be able to avoid tax on compensation payouts to victims of £11bn loans scandalThe City minister, Lucy Rigby, has been accused of snubbing taxpayers after she appeared to brush off concerns about a...

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Lloyds CEO Charlie Nunn latest banking boss in line for huge bonus hike

Barclays, HSBC and NatWest shareholders already approved big pay rises after post Brexit loosening of remuneration rulesLloyds Banking Group boss, Charlie Nunn, could be in line for a maximum annual pay packet worth more than...

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Reeves unveils City reforms aimed at cutting red tape and fuelling UK growth

Leeds Reforms include streamlined accountability for senior bankers and a campaign to get more consumers investing in the stock marketBusiness live – latest updatesRachel Reeves has unveiled a package of City reforms meant...

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UK business confidence dips to lowest level since general election

Research concludes Labour warnings of tough budget may have sapped optimism about the economyUK business confidence has dropped to its lowest level since the general election, as firms grow more pessimistic about the economic...

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MPs want UK national security law used to vet Barclay family’s Telegraph offer

Financing from Abu Dhabi investors secured for bid but use of overseas sovereign wealth questionedA group of Conservative MPs have written to the government asking it to use the UK’s national security laws to investigate...

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Attorney general and close family hold £130,000 in shares in six FTSE 100 firms

Exclusive: Victoria Prentis’s shareholdings not disclosed in registers despite potential for conflicts of interestRevealed: shares held ‘in secret’ by scores of MPs raise questions about vested interestsWhich...

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UK’s biggest banks urged to increase ‘measly’ savings rates

MPs question why some savers are receiving only 0.25% despite 12 consecutive Bank of England interest rate risesBusiness live – latest updatesBritain’s biggest banks need to “up their game” and stop...

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Stick with net zero targets for good of economy, businesses urge next PM

Groups representing Unilever and Amazon say long-term targets will boost investment and provide jobsBusiness groups representing Amazon, Coca-Cola, Unilever and Lloyds Banking Group have all called on Conservative leadership...

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