Britain's biggest banks have fired a renewed warning to the government against hiking taxes on the industry as John Healey, the new chancellor, prepares to deliver his inaugural Budget in October. Sky News has obtained a letter sent on Thursday by UK Finance, the influential trade body whose members include Barclays, HSBC, Lloyds Banking Group and NatWest Group, in which Mr Healey was told that imposing further tax rises on the banking sector would risk "damaging the UK's international competitiveness".

The race to buy Aldermore, the South African-owned challenger bank ensnared by the scandal over motor finance mis-selling, will intensify next month when private equity firms including CVC Capital Partners lodge offers for the company. Sky News has learnt that CVC Capital, which owns stakes in companies such as the RAC and Six Nations Rugby, has been laying the groundwork for months to bid for Aldermore. Aldermore was put up for sale earlier this year amid anger at FirstRand, its parent company, about the City watchdog's proposals for a £9bn motor finance mis-selling compensation scheme.

Lloyds Bank, Halifax and Bank of Scotland customers have been locked out of their banking apps for the second time in three months.

Banking interns typically spend the summer learning the ropes. But the industry’s push to adopt artificial intelligence means some have even found themselves doing a bit of teaching of their own this year.

European equities traded in the US as American depositary receipts were edging lower late Wednesday

Lloyds Banking Group PLC (NYSE:LYG) recently announced a total dividend of $0.08 per share, with the ex-dividend date set for 2026-08-10. This upcoming payment includes a cash dividend of $0.08 per share, payable on 2026-09-25. As investors look forward to this payment, the spotlight also shines on the company's dividend history, yield, and growth rates.

Lloyds Banking Group (LSE:LLOY) plans for Group Chief Risk Officer Stephen Shelley to retire in October 2026. Shelley is set to join Legal & General Group Plc as an independent non executive director. The move triggers a scheduled senior leadership change in Lloyds Banking Group's risk function. This is one of several leadership shifts across UK financial stocks that could reshape risk profiles, so it can be useful to compare Lloyds Banking Group with other businesses that focus on...

Lloyds Banking Group (LSE:LLOY) just wrapped up a busy half year, reporting £3,065 million in net income and confirming a higher 2026 interim dividend of £0.0158 per share for investors. See our latest analysis for Lloyds Banking Group. The series of half year results, higher interim dividend and ongoing buybacks appears to be feeding into stronger sentiment, with Lloyds Banking Group’s share price return of 17.09% over 90 days and a very large 5 year total shareholder return of 217.08%...

Lloyds Banking Group stock has delivered very strong returns over the past five years, yet the main valuation checks send mixed messages. The Excess Returns intrinsic value estimate points to a sizeable discount, while earnings-based multiples look less generous and the overall value score is low. Lloyds Banking Group has returned 217.1% over five years, which puts extra focus on whether the current share price still leaves enough valuation cushion. The newly announced Accelerate 2030 and...

Investing.com -- UK Treasury officials are concerned that Prime Minister Andy Burnham’s plans to use flexibility within Britain’s fiscal rules to increase investment could unsettle financial markets and push government borrowing costs higher, Bloomberg reported.

The programme, titled Accelerate 2030, is built on growing its business, innovating its offerings and simplifying operations.

It follows Barclays and Lloyds Banking Group in beating analysts expectations for profit growth over the first half of the year.

Lloyds Banking Group PLC (LYG) reports a 17.1% return on tangible equity and a 30% dividend increase, while launching its 'Accelerate 2030' plan targeting a ~20% ROTE.

European equities traded in the US as American depositary receipts were tracking sharply higher late