Lloyds Banking Group

SW London most attractive location for young professionals

London's South West postal district, particularly the SW19 Wimbledon postcode, is the most attractive location for buying property for aspiring young urbanite professionals, according to a fresh survey by Lloyds Bank.

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Cost of moving home in London soars above £20,000

Average cost of moving home in London soared to more than 20,000 pounds, with stamp duty covering nearly half of the total cost in 2013, a fresh research report by Lloyds Bank revealed.

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Lloyds’ chief under pressure to forsake bonus as lender fined £4.3m for PPI payout delays

Lloyds Banking Group CEO Antonio Horta-Osorio came under more pressure to forsake his bonus after the Financial Services Authority (FSA) slapped the lender with a fine of £4.3 million for failing to pay compensation to payment protection insurance (PPI) mis-selling victims in time.

The FSA yesterday fined Lloyds for failing to compensate around 140,000 PPI mis-selling victims promptly. The watchdog said that thousands of those victims who had to wait for several months for compensation should have been compensated within 28 days.

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Troubles for Invista Treble as Lloyds’ Backs Out From Contract

The country’s most publicly traded fund managing Company Invista Real Estate Management Holdings Plc has decided to sell off the remaining of the assets and payback all the shareholders of the conglomerate. Invista has announced the development following the decision by Lloyds Banking Group Plc to withdraw from the contract it had signed with Invista.

The shares for Invista have seen a slow fall over the past couple of months and the current prices for Invista are at their lowest over the period of the past 20 months. The share prices for Invista fell down to 34.5 pence, a change of

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The Financial Ombudsman’s Complaint List Topped by Lloyds Bank

The table of financial service firms getting the maximum number of complaints to the Financial Ombudsman in the initial six months of this year, has once again, been topped by Lloyds Banking Group. The numbers printed today depict that the banking group, which comprises the Lloyds TSB, Bank of Scotland, Halifax and Black Horse brands, raked in a total of 22,242 complaints in the initial half of this year, in comparison to the 20,190 complaints received in the second half of the previous year.

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