£4 Billion Loss
Lloyds TSB who acquired HBOS at the height of the financial storm last October, has today announced a £4 Billion loss in six months.
The newly created Lloyds Banking Group, which is 43 per cent owned by the taxpayer, reported more than a five-fold rise in bad debts to £13.4 billion.
Just remember, it was the Prime Minister who played the key role in brokering the Lloyds HBOS merger.
The newly created Lloyds Banking Group, which is 43 per cent owned by the taxpayer, reported more than a five-fold rise in bad debts to £13.4 billion.
Just remember, it was the Prime Minister who played the key role in brokering the Lloyds HBOS merger.
posted by Anoneumouse at 6:11 am
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