Lloyds
Coverage of Lloyds in the Nexus archive.
- Reeves to launch City ‘skills compact’ committing firms to retrain staff in AI
Chancellor Rachel Reeves is set to launch a City 'skills compact' requiring firms like Barclays and Lloyds to retrain financial sector workers in AI. The government-backed initiative aims to help workers keep pace with technological changes to prevent mass redundancies.
- Reeves to launch City ‘skills compact’ committing firms to retrain staff in AI
Chancellor Rachel Reeves is launching a City 'skills compact' to commit firms like Barclays and Lloyds to retrain financial sector workers in AI. The government-backed initiative aims to help workers adapt to technological changes and prevent mass redundancies.
- UK house prices rise for first time since start of Iran war
UK house prices rose 0.2% in June to £299,330, the first increase since before the Iran war, according to the Lloyds house price index. This followed a 0.2% monthly decline in May, with annual growth rising to 0.6%.
- Lloyds scraps Halifax brand
Lloyds has eliminated the Halifax brand, having previously acquired a 173-year-old lender as part of its HBOS rescue plan during the financial crisis.
- Lloyds, Halifax and Bank of Scotland app users hit by outage
Lloyds, Halifax, and Bank of Scotland app users are experiencing an outage affecting online banking. Lloyds Bank acknowledged the issue on X, apologizing for the disruption.
- Is Lloyds about to scrap the Halifax brand? High street name could vanish by end of the year
Lloyds is considering scrapping the Halifax brand by the end of the year, which could result in the disappearance of the high street name. The decision may impact the banking industry and affect customers. The fate of the Halifax brand remains uncertain.
- Lloyds launches first-time buyer mortgage which requires just a £5,000 deposit - is it a good way to get onto the property ladder?
Lloyds has launched a mortgage product aimed at first-time buyers, requiring a deposit of just £5,000. This move is intended to help more individuals get onto the property ladder. The product's details and implications are being considered.
- UK house price growth forecast halved as Iran war fallout hits housing market
UK house price growth forecast has halved due to the Iran war fallout, with a 0.1% drop in April, making it the second consecutive monthly drop. The annual growth rate has decreased from 0.8% to 0.4%. The cost of a typical UK home is now £299,313.
- Bank bosses called to meeting with Reeves over impact of Iran war on UK economy
The UK's 'big five' banks will meet with Chancellor Rachel Reeves to discuss mitigating economic impacts from the Middle East crisis caused by US and Israel's attacks on Iran. The emergency summit reflects growing concerns over an unavoidable economic downturn.