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Category Archives: Finance

Lloyds PPI Bill rises to Nearly £10bn

Author: admin

Posted: 3rd February 2014

Category: Finance, PPI, Stock Market

Lloyds Banking group’ PPI costs now total a potential £9.8bn, this compares to the bill for all banks which is approaching £20bn.  Lloyds’ is still owned 32.7% by the tax payer but the government has plans to return to private ownership by the next general election. Share in Lloyds fell…
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Privatisation of Royal Mail to provoke a strike.

Author: admin

Posted: 11th July 2013

Category: Finance

Union leaders have said the privatisation of Royal Mail would provoke a strike as they criticised plans by ministers to give 150,000 workers shares worth up to 2,000 pounds in the flotation of the company, The Times reported. Chinese exports and imports declined in June by 3.1% and 0.7% year-on-year,…
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