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fromBusiness Matters
5 days ago

Lloyds to return 3.1bn to investors as profits surge past forecasts

Lloyds Banking Group is handing more than £3.1 billion back to shareholders after delivering stronger-than-expected annual profits, underlining the financial firepower of Britain's biggest domestic lender. The FTSE 100 bank reported full-year pre-tax profits of £6.66 billion, up 12 per cent on 2024 and comfortably ahead of the £6.38 billion forecast by City analysts. The performance was supported by lower-than-expected bad loan provisions and growing income from non-lending activities.
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UK politics
fromwww.bbc.com
5 months ago

Union group urges Reeves to consider wealth taxes

TUC urges the Chancellor to consider wealth taxes and other levies on banks, gambling and windfall profits to boost investment in public services.
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