Lloyds eyes return to profit

Part-nationalised Lloyds Banking Group today flagged up a return to profit this year after seeing lower than expected bad debts.

Lloyds eyes return to profit
Fri, 19 Mar, 2010 - 07:38

Part-nationalised Lloyds Banking Group today flagged up a return to profit this year after seeing lower than expected bad debts.

The group, which is 41% taxpayer-owned after rescuing ailing HBOS, believes it will be “profitable on a combined business basis” in 2010.

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