March 07, 2025 at 12:19 am EST
This article is reserved for members Unlock the article: REGISTER NOW!
© Reuters – 2025
Lloyds shifts skilled IT jobs from UK to India, FT reports
|
Market Closed –
|
5-day change | 1st Jan Change | ||
|
72.74 GBX |
-0.47% | +1.42% | +32.79% | |
This article is reserved for members 
Lloyds Banking Group plc is one of the leading British banking groups. Net income breaks down by activity as follows:
- retail banking (60.6%): sales of standard banking products and services to individuals. The group is also involved in real estate lending with Cheltenham & Gloucester;
- commercial banking (30.6%);
- insurance and wealth management (6%): life insurance (Scottish Widows) and non-life insurance (Britain’s No. 1 homeowner’s insurance distributor);
- other (2.8%).
At the end of 2023, the group managed GBP 471.4 billion in current deposits and GBP 449.7 billion in current loans.
Sell
Buy
Last Close Price
0.7274GBP
Average target price
0.7247GBP
Spread / Average Target
-0.37%
Quarterly revenue – Rate of surprise
Related
Llyods Recruiting Engineers In India After Slashing Jobs In UK
Lloyds Banking Group is planning to hire hundreds of engineers in India as the company plans to shift its employment opportunit
Major new funding for music acts that supercharged careers of…
£1.6m Music Export Growth Scheme to support 58 independent UK artists to tour the world Funding will boost UK’s creative industries – a key growth se
Well-loved restaurant chain to close 8 venues across UK as…
A BELOVED restaurant chain has announced it will close eight venues across the UK, scrapping 158 jobs in the process.Owners are pointing the finger at Labour's
US adds 151,000 jobs in February as unemployment rate ticks…
The latest figures published by the US Bureau of Labor Statistics today (7 March) came in below market expectations, with economists polled by
