Summary
Lloyds TSB is on course to deliver a strong set of results for the first half of the year but warned of further bad debts at its high street bank.
The group said impairment losses at its UK retail banking arm were on the increase but at a slower rate than last year when bad debts hit pounds 905 million as more customers struggled to repay money on time.See the full content of this document
Extract
Lloyds Tsb in New Warning of More Bad Debts
Lloyds said that while the overall performance of its high street bank improved, there was also a downturn in consumer lending in the UK.
In a trading update ahead of it...See the full content of this document
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