Pre-tax profits at Lloyds rose 4 per cent to £2.5 billion in the first half Carl Court/GettyLloyds Banking Group has revealed it is still mired in conduct problems, taking £1.5 billion in charges in the first half of the year. The charges dented pre-tax profits, which rose 4 per cent to £2.5 billion in the six months. Income growth was stronger than in previous periods, rising 4 per cent to £9.3 billion. The results were the first set by Lloyds as a private company since the financial crisis, after the government sold its remaining shares in May. António Horta Osório, Lloyds’…
Source: The Times July 27, 2017 08:02 UTC