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Lloyds Bank: Skills shortage and planning system preventing solution to housing crisis

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Acute skills shortage within housebuilding industry hindering efforts to alleviate housing shortage ‘Slow planning system’ and public opposition to development also cited as barriers to addressing housing shortfall These challenges are hindering plans to create thousands of new jobs in next 12 months Greater local and central government support sought by housebuilders to help solve crisis The first Lloyds Bank Commercial Banking report on the UK housebuilding sector, Building for Growth, analyses the state of the industry today, and th... Read More »

Brittany Ferries doubles choice of long-stay winter sun holidays to 18 locations and reduces prices

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There are hundreds of thousands of British-owned holiday homes in the Spanish Costas, the Portuguese Algarve and the South of France and many are used to escape the dull winter months in the UK. But now you don't have to buy a place to enjoy all this. You can avoid the worst months of the winter and even save on ever-rising heating bills by taking a long sojourn in the sun, enjoying outdoor pursuits such as tennis, golf, walking and al fresco eating. Brittany Ferries has selected some really high quality apartments in nine different resor... Read More »

Aviva: Over-50s making their biggest contribution to the UK workforce since records began

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Almost a third of adults employed during Q1 and Q2 2015 were aged 50+ The number of over-65s in work has grown by 33% since the Default Retirement Age ended in 2011 – the fastest growth rate of any age group Since 2011, 1.76m more adults are now in work - almost half (45%) are aged 50-64 while 16% are aged 65+ Average monthly incomes rise by 26% from 2011 to 2015 One in five (22%) say establishing a new routine is the hardest part of retiring A review of Aviva’s Real Retirement research since 2011, along with data from the Office for... Read More »

BT CEO announces new plans to improve tech literacy skills of 400,000 primary school children in 2015/16

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CEO warns next generation lacks the tech skills to keep UK in vanguard of the global economy Research reveals teachers need more support to engage primary school pupils in the computing curriculum – introduced as a world-first in England last year BT extends Barefoot Computing programme to Scotland, Wales and Northern Ireland BT doubles its current commitment by promising to train more than 15,000 teachers – reaching over 400,000 primary school children in the UK in 2015/16 Convenes 90 leading figures in technology, education, policy an... Read More »

Lloyds Banking Group’s new eligibility checkers set to remove key barrier to switching

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People who are thinking about switching their bank account can now determine their eligibility for a range of current accounts and overdrafts in less than two minutes across Lloyds Bank, Halifax and Bank of Scotland¹, without leaving a permanent footprint on their credit file. The new online eligibility tool is the first of its kind to be offered by a UK bank and is mobile optimised² to enable people to check their eligibility for accounts anywhere and at any time. By entering some personal details, including financial commitments, into a... Read More »

Lloyds Bank: Almost four in ten say they won’t need cash in ten years time as contactless proves popular for many

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43% of people look to contactless payments as the payment method of the future. Within the next five years, one in three (34%) expect to be using a mobile device on a day-to-day basis to make payments. By 2025, over one in five (22%) think they will be regularly using their fingerprint to pay for goods and services. Over four in ten (43%) agree that contactless payments are the future, whilst a quarter (25%) think that in five years’ time they will no longer need cash to pay for goods or services. Recent data from the UK Cards Associa... Read More »

Lloyds Bank: Export opportunities being missed by small and medium sized businesses

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Attendees at Lloyds Bank roadshow events show that six out of ten UK small businesses are not trading internationally and over half have no plans to do so A third of firms believe that understanding the regulatory environment is key to exporting success A third of businesses that export said that they expect to create up to ten jobs as a result of exporting Nearly two thirds (61 per cent) of over 400 attendees at the Lloyds Bank ‘Backing Your Ambition’ events, a series of roadshows held at 11 locations across the UK, said they are not cu... Read More »

Lloyds Bank: Secret savings hoard tops £3.7 billion

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Total UK secret savings at £3.68 billion, up from £3.05 billion in 2014 One in ten people in a relationship in the UK keep some of their savings secret from their partner The average UK couple now keeps 68% of their savings and investments in sole accounts Londoners keep the highest proportion of their savings in sole accounts at 75% The Secret Savers One in ten (10%) people in the UK keep some of their savings secret from their partner. Women are more likely to keep secret savings than men, with 11% of women with partners keepin... Read More »

Lloyds Bank: Eurozone shares show biggest decline as investors surge towards safe haven assets

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Eurozone shares sees largest annual decline in sentiment since the start of the survey Gold and UK government bonds are the only asset classes to enjoy a monthly increase in sentiment Actual market performance shows price declines for nine out of ten asset classes, with UK government bonds recording the only increase UK shares, whilst continuing to be viewed positively, saw the second biggest decline in sentiment to 26%, reversing the 14pp increase seen last month for the asset class, bringing it back to pre-election levels in May. The “... Read More »

Barclays extends cheque imaging to half a million android users

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Since the launch of cheque imaging a year ago, nearly three quarters of a million pounds have been deposited by the 30,000 Barclays customers signed up to the mobile cheque imaging tool on their iPhones. The latest roll-out will see this number rise yet higher as more customers are able to benefit from the speed and ease of this time-saving technology. Mobile cheque imaging is available through the Barclays Mobile Banking app and allows customers to pay in a Barclays cheque of up to £500 within minutes of receiving it. Customers simply need ... Read More »

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