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MoneyShow's Best Investment Ideas For 2025: Part 10

Reports that Lloyds Banking Group PLC (LSE:LLOY) is to be whacked with a billion-pound tax bill were played down by analysts on Thursday.  The Financial Times reported that the high street lender is set to be "hit with a £1 billion tax bill after legal challenge fails".

UK bank valuations are attractive but Lloyds Banking Group PLC (LSE:LLOY) is less so than Barclays PLC (LSE:BARC) and NatWest Group PLC (LSE:NWG) among the more domestically focused lenders, for analysts at UBS.  Ahead of an expected Bank of England interest rate cut later this week, the analysts said they recommend UK domestic lenders given tailwinds for net interest income (NII) driven by interest rate hedges, versus their current "attractive" valuations.

British lender Lloyds is closing 136 branches as its customers choose digital financing services. The closures will affect 61 Lloyds branches as well as 61 Halifax and 14 Bank of Scotland locations between May this year and March 2026, the Financial Times (FT) reported Wednesday (Jan. 29).

Lloyds Banking Group PLC is planning to close another 136 branches over the coming year. Adding to previously announced closures, the group incorporating Lloyds, Halifax and Bank of Scotland will be left with 756 sites, against ​​932 currently.

Lloyds Banking Group will shut 136 branches in the UK to match customers' transition to digital banking, the Financial Times reported on Wednesday, citing the lender.

Data crunching by Canadian bank RBC suggests that recent movements in the residential mortgage market have been favourable to the UK banks, though competition is eroding some of those gains. Residential mortgage spreads in the final quarter of 2024 increased 17 basis points for 2-year products and 4bps for 5yr products, but in 2025 so far spreads are 10bps lower For 2yr products, Lloyds Banking Group PLC (LSE:LLOY), the market leader, increased its spreads the most in quarter four amongst the incumbent banks said RBC, particularly through the Halifax brand (+25bps q/q).

Charlie Nunn, CEO of Lloyds Banking Group, discusses the state of the U.K. economy at the World Economic Forum in Davos.

Lloyds Banking Group PLC (LSE:LLOY) was topping the FTSE 100 leaderboard on Tuesday after a report on the motor finance inquiry in the Financial Times that suggested HM Treasury is seeking permission to intervene in the forthcoming Supreme Court case. The report said the government is looking to ensure that “any redress is proportionate to the loss actually suffered and to avoid conferring a windfall”.

Lloyds Banking Group PLC (LSE:LLOY) is to shut its office in Speke with around 500 staff having to relocate or work remotely. The FTSE 100 bank said the closure was part of ongoing plans to have “fewer, better-equipped” offices to reduce costs.