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Lloyds TSB

MONSTROUS: How a whistleblower describes the mis-selling tactics of packaged bank accounts at Lloyds Bank

This is Money - ‎Jul 16, 2016‎
TSB's Classic Plus and Nationwide Building Society's FlexDirect offer 5 per cent on savings, but only up to £2,000 and £2,500 respectively.
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Mis-selling - no duty to advise on onerous terms - Finch v Lloyds TSB Bank Plc

Lexology (registration) - ‎Jul 12, 2016‎
Following a long line of recent successes for banks in mis-selling cases, there has now been another significant success, this time for Lloyds Bank (Bank), in a fixed rate loan dispute relating to the issue of break costs.

The Week Ahead: Lloyds, BP, Sky, Taylor Wimpey

Interactive Investor - ‎15 hours ago‎
Second-quarter results from BP (BP.) on Tuesday will likely show cash flow under continued pressure from the huge costs of the 2010 Deepwater Horizon oil rig explosion, as well as restructuring charges at the oil major.

Could Lloyds Banking Group PLC (ADR) Recover After Today's Huge Decline?

Consumer Eagle - ‎12 hours ago‎
According to Zacks Investment Research, “Lloyds Banking Group plc, formerly Lloyds TSB Group plc, is a United Kingdom-based financial services company, whose businesses provide a range of banking and financial services in the United Kingdom and a ...
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Shares of Lloyds Banking Group Plc (LYG) Rally 10.22%

TheFounders Daily - ‎Jul 17, 2016‎
Insurance segment provides long-term savings, protection and investment products, as well as general insurance products in the United Kingdom.

It's summer! Here's how to get the best deal for your travel money

The Guardian - ‎3 hours ago‎
MoneySavingExpert's Martin Lewis brands the debit cards from Lloyds, Halifax, Santander, Bank of Scotland and TSB as the “cards from hell” because they typically charge 2.25% to 3% “loading” fees on spending, plus a flat fee of £1-£1.50 each time they ...
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TSB profits lifted by rise in new customers - ‎Jul 21, 2016‎
TSB expects its growth rate to moderate in the coming year, as a £125m payment to Lloyds for outsourcing its IT infrastructure falls due.

Three ways to make your cash work harder for you in Brexit uncertainty - ‎14 hours ago‎
For those seeking interest on credit balances or reward for their custom, for balances of £2,000 or less consider Halifax Reward, where you receive £5 per month when you account is in credit, or TSB Classic Plus, which pays 5%. For £3,000 take a look ...
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City news: Sainsbury's, TSB, Mastercard, William Hill - ‎Jul 22, 2016‎
TSB banked a 145 per cent rise in half-year profit to £107.7million, but warned that future growth could be curbed by IT costs and lower-for-longer interest rates.

Banks cash in on a rise in tourists using contactless cards for small purchases

Daily Mail - ‎Jul 17, 2016‎
Research for the Mail by found withdrawing ten euros costs £8.42 on a card without fees but holidaymakers fork out £10.67 for the same sum with a Lloyds, Bank of Scotland or TSB debit card - an extra £2.25 in charges, or 27 per ...

Bank-switching down despite cash incentives

The Week UK - ‎Jul 20, 2016‎
But Paul Pester, chief executive of TSB, the challenger bank spun out of Lloyds, told The Guardian the plans were a "missed opportunity… to tackle the hidden costs of free banking".

Cash boost for Tweeddale disability charity

Peeblesshire News - ‎Jul 21, 2016‎
The Peebles branch of Interest Link Borders supports 50 people with various learning disabilities, and has just been given a £5,564 boost from the Lloyds TSB Foundation for Scotland. The organisation provides a mixture of 1:1 and group befriending for ...

£2m charity fund now open

Third Force News - ‎Jul 21, 2016‎
Administered by Lloyds TSB Foundation for Scotland the CYPFEIF and ALEC Fund is already supporting 116 charities who applied to a three year core fund, which will provide around £14 million to benefit thousands of children, young people and families.
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Millennials, the Bank of Mum and Dad and debit card rip-offs (blog) - ‎Jul 18, 2016‎
New research suggests that millennials will be the first generation to earn less than their predecessors over the course of their working lives.
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Savers earning no interest from some savings accounts, research finds - ‎Jul 19, 2016‎
Remember that if you have a small or medium-sized pot, you'll likely be better off putting your money in a high-interest current account.
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Santander Pays Price For Hike In Current Account Fee

Yahoo Finance UK - ‎Jul 20, 2016‎
The number of customers flocking to Santander using the current account switching service shrank back sharply after it announced fee hikes for its flagship 123 account, figures show.

Bank account switching falls 5% despite cash incentives

International Business Times UK - ‎Jul 20, 2016‎
The latter proved to be most popular new bank among those who switched, gaining just under 32,000 customers last year compared with the 26,000 attracted by Nationwide and the 9,600 that moved to TSB. Barclays was the biggest loser, with 31,000 ...
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Current Account Switching Rates Drop by 5%

Money Expert (blog) - ‎Jul 20, 2016‎
The CMA has been working on an 18 month investigation into current account switching and competition in the banking sector generally after it emerged that the Big Four (RBS, Lloyds, HSBC and Barclays) still retain more than 75% of the market. The CMA ...

MSP welcomes funding boost for local charities

Stornoway Gazette - ‎Jul 9, 2016‎
Fiona Duncan, Chief Executive of Lloyds TSB Foundation for Scotland, added: “We renamed our standard grants programme as the Henry Duncan Awards because we wanted to honour this great Scot whose actions ultimately led to the establishment of the ...

The Welsh Language Commissioner says banks need to do more to serve the people of Wales

WalesOnline - ‎Jul 17, 2016‎
"Banks have taken a step backwards rather than forward in terms of using the Welsh language; and they haven't included the language in any of the innovative developments which are rapidly replacing the traditional banking methods.