A sign from a branch of a Lloyds bank is reflected in a window in central London. Lloyds share rose 2.5 per cent to reach 62.5 pence at noon on Friday,  passing the 61.2 pence point the UK government sees as its break-even price, raising hopes of a sale this year. Photograph: Reuters/Stefan Wermuth

Shares in state-backed Lloyds Banking Group rose above the level that the UK government sees as its break-even price after its £20.5 billion re(...)

A sign from a branch of a Lloyds bank is reflected in a window in central London. Photograph: Stefan Wermuth/Reuters

Lloyds Banking Group chairman Win Bischoff will retire in the next year, handing the reins to a successor who (...)

Markets across the world closed fairly flat yesterday, despite better than expected retail sales data in the US. (...)

An advertisement for Clarks from a bygone era

“Keeping it in the family” doesn’t conjure up the image of dynamic and innovative enterprises and nor do the figures on family- run companies. (...)

Fernando Torres scored 81 goals in 142 games for Liverpool FC. In 2011, he was sold to Chelsea for a rumoured £50 million and paid a reported £(...)

Lloyds Banking Group has hired Central Bank deputy governor Matthew Elderfield as its director for conduct and compliance. Photo: Bloomberg

Lloyds Banking Group has hired Central Bank deputy governor Matthew Elderfield as its director for conduct and compliance. Mr Elderfield(...)

Lloyds profit jumped almost threefold in the first quarter as impairments for souring loans dropped. Photo: Bloomberg

Lloyds, Britain’s biggest mortgage lender, said profit jumped almost threefold in the first quarter as impairments for souring loans dropped by(...)

An announcement that  Central Bank deputy governor Matthew Elderfield is to move to Lloyd’s Banking Group  is understood to be imminent. Photograph: David Sleator

The widely anticipated move of the Central Bank’s deputy governor Matthew Elderfield’s to Lloyd’s Banking Group is expected to be confirmed lat(...)

The planned sale of 630 UK bank branches by Lloyds Banking Group to the Co-Operative Group has fallen through, leaving state-backed Lloy(...)

“Should Matthew Elderfield land a big and well-paid job at Lloyds there will no doubt be some who will begrudge him his success and point out that he has not finished the job he started.” Photograph: Alan Betson

Nothing, it seems, has become Matthew Elderfield so well as the manner of the departure. As you would hope and expect, the regulator seems to b(...)

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