Bank of Scotland
Coverage of Bank of Scotland in the Nexus archive.
- Lloyds customers unable to make payments due to IT glitch
Lloyds Banking Group apologized after an IT glitch disrupted payments and money transfers for customers of its brands, including Lloyds Bank, Halifax, and Bank of Scotland. The issue, reported on Downdetector, began shortly after 11am on Wednesday and affected multiple services across the group's platforms.
- Lloyds, Halifax and Bank of Scotland app users hit by outage
Lloyds, Halifax, and Bank of Scotland app users are experiencing an outage affecting online banking. Lloyds Bank acknowledged the issue on X, apologizing for the disruption.
- Halifax could disappear from UK high streets as Lloyds assesses branding strategy
Lloyds Banking Group is considering phasing out the Halifax brand as part of a review of its branding strategy. The 174-year-old lender could disappear from UK high streets as early as July 1. The decision is part of a broader assessment of Lloyds' everyday banking operations under three brands: Lloyds, Halifax, and Bank of Scotland.
- Lloyds takes £151m hit from Iran war as it forecasts rise in UK unemployment
Lloyds Banking Group reported a £151m loss due to the Middle East conflict's economic impact, forecasting UK GDP growth of 0.5% in 2024, lower than the IMF's 0.8% projection. The bank highlighted rising unemployment, inflation, and a housing market slowdown as key risks amid stagflationary conditions.