Banking group Lloyds TSB reported half-year profits of £1.78bn (€2.6bn) today as cost controls helped it overcome a 20% jump in provisions to cover bad debts.
The 4% gain in pre-tax profits, which was in line with market expectations, comes in the week that HSBC reported a figure of £6.71bn (€9.8bn) and Halifax Bank of Scotland posted £2.65bn (€3.9bn).
CONNECT WITH US TODAY
Be the first to know the latest news and updates
Newsletter
News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.
Push Notifications
By clicking on sign up you will be the first to know about a selection of business content on this browser. Please note if you are unable to sign up via your mobile web browser, download and sign up for mobile push notifications via our FREE news app.
Sign UpNewsletter
News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.
Newsletter
Keep up with stories of the day with our lunchtime news wrap and important breaking news alerts.
Monday, February 9, 2026 - 4:00 PM
Monday, February 9, 2026 - 1:00 PM
Monday, February 9, 2026 - 3:00 PM
