Lloyds Share News (LLOY)

Outlook for TSB more challenging after recent run, says Investec

Would-be TSB investors should "keep their powder dry", according to Investec, which rated the Lloyds Banking Group offshoot as a 'hold' with a 290p target price after the stock's recent run. Analyst Ian Gordon said that TSB has enjoyed a "fantastic market debut" since floating on the market in June

London open: Stocks slip on Chinese data, Ukraine tensions

- Chinese manufacturing PMIs disappoint - Ukraine tensions high after Putin calls for "statehood" - Perform shares jump on Access Industries offer techMARK 2,857.65 +0.23% FTSE 100 6,811.96 -0.11% FTSE 250 15,922.03 +0.23% Weak economic data from China and ongoing geopolitical tensions in Ukraine

Sunday newspaper round-up: Tesco, ITV, Glaxo

Harris Associates, the US investment fund that has been one of Tesco's biggest and most loyal shareholders, has sold almost two thirds of its stake because it thinks the supermarket group has become too risky, the Sunday Telegraph reported. David Herro, Harris's chief executive, said there were too

UPDATE 1-Scotland risk fails to derail shares as vote looms

* Exposed stocks performing broadly in line with wider index * Investors reluctant to make equity trades around outcome * Scotland accounts for 2 pct of FTSE 350 revenue-Barclays (Recasts lead, adds details from graphic) By Tricia Wright and Vincent Flasseur LONDON, Aug

Lloyds Banking Group says complaints rose in first half

LONDON, Aug 29 (Reuters) - State-backed Lloyds Banking Group said complaints increased by 20 percent in the first half of the year, driven by an increase in cases about mortgages. Britain's biggest retail bank said on Friday that, excluding those concerning payment protection insurance (PP

Scotland risk fails to derail shares as vote looms

* Exposed stocks performing broadly in line with wider index * Investors reluctant to make equity trades around outcome * Scotland accounts for 2 pct of FTSE 350 revenue-Barclays By Tricia Wright and Vincent Flasseur LONDON, Aug 29 (Reuters) - With only weeks to go before

Banks Reopening 2.5 Million Payment Protection Insurance Complaints

London & Associated Properties Swings To Loss As It Sorts Out Finance

UPDATE 1-UK banks forced to re-open 2.5 million insurance mis-selling cases

* Banks to review complaints received in 2012 and 2013 * Industry has so far paid out 16 billion pounds (Adds comments from FCA Chief Executive Wheatley) By Matt Scuffham LONDON, Aug 29 (Reuters) - Britain's financial regulator said banks and other financial services companies

FCA says banks have reopened 2.5 million PPI loan insurance cases

LONDON, Aug 29 (Reuters) - Britain's financial regulator said on Friday that banks and other financial services companies had reopened two and a half million old complaints relating to the possible mis-selling of loan insurance to make sure fair compensation was paid. The Financial Conduct

UPDATE 2-British funding scheme fails to boost business lending

* Net lending to all business down 3.9 bln stg * Net lending to small businesses down 0.4 bln stg * Biggest overall declines at state-backed Lloyds and RBS * Lloyds was highest net lender to small businesses * Funding Circle founder says scheme is failing businesses (Add

Funding for Lending declines, but SME lending increases says BBA - UPDATE

The Bank of England's scheme to improve credit to small and medium-sized businesses (SMEs) failed to prevent further declines in lending to the UK's growth engine during the second quarter. However the British Banking Association (BBA) also published data on Thursday, which indicated a pickup in b

Bank of England says FLS lending weaker in Q2

LONDON, Aug 28 (Reuters) - The Bank of England said net lending to small businesses by banks and building societies taking part in its Funding for Lending Scheme dropped by 400 million pounds in the second quarter of 2014. Net lending to all businesses fell by 3.9 billion pounds during the

Business Leaders Say Case For Scottish Independence Has Not Been Made

British banks approve fewer home loans in July - BBA

LONDON, Aug 26 (Reuters) - British banks approved fewer home loans last month than they did in June, as tighter rules on mortgages lending introduced late in April took some of the heat out of the housing market, industry data showed on Tuesday. The British Bankers' Association said its mem