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Lloyds

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Britain's Lloyds axes further bank branches

LONDON, May 18 (Reuters) - Lloyds Banking Group LLOY.L will close a further 28 branches in Britain this year, just two months after axing 60 outlets, in a move that has drawn criticism from employee union Unite. Banks across the industry have made deep cuts to their branch networks in recent years, which they say are necessary to respond to growing
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Sabadell's Q1 profit beats forecasts on lower costs, TSB

* Q1 net profit almost trebles to 213 mln vs 166 mln forecast * Hits profitability target ahead of planned * Net interest income rises 3% y/y, though down 0.6% q/q * Lower costs and provisions help group earnings * Shares rise more than 4% (Recasts story to lead on profitability, includes share reaction, details on TSB, comments from brokers) By Je
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UK Stocks-Factors to watch on April 27

April 27 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Wednesday, with futures FFIc1 up 0.26%. * GSK: British drugmaker GSK GSK.L beat analyst expectations for its first-quarter profit and sales, ahead of the planned listing of its large consumer healthcare division in July, and stood by its forecasts for 2022. * LSE: The Lon
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Lloyds' profits beat forecasts despite inflation threat

* Q1 pretax profit $2 billion, above estimates * Bank raises performance forecasts * Cost of living crisis to hamper UK growth By Iain Withers and Lawrence White LONDON, April 27 (Reuters) - Lloyds Banking Group LLOY.L reported better-than-expected first quarter profits on Wednesday, as Britain's largest mortgage lender largely shrugged off the ear
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UK Stocks-Factors to watch on April 27

April 27 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening flat on Wednesday, with futures FFIc1 down 0.09%. * BANK OF IRELAND: Bank of Ireland BIRG.I said that Chief Executive Francesca McDonagh would step down after five years in charge that saw the bank grow through acquisition, sharply cut staff numbers and almost fully return to priva
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