Lloyds profits surge as push to boost smaller business lines pays off
Lender’s pre-tax profits rose 12% to £6.7bn last year
Lender’s pre-tax profits rose 12% to £6.7bn last year

Bank slashes expectations for UK growth but keeps guidance steady

High street lender wants to reduce technology costs by 35% this year, internal documents show

The lender’s push into corporate and institutional banking is a better idea than it sounds

Chief executive says market welcomes ‘all risks that can be legally insured’

Bank’s joint venture with Schroders was hampered from the start, though neither is giving up on the sector

Bank’s customer insights team compared financial resilience of lowest-paid staff to customers as part of salary negotiations