Lloyds bank loses £676m as it warns on the cost of Covid-19

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Lloyds bank loses £676m as it warns on the cost of Covid-19
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  • 📰 The Guardian
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Personal and business customers struggling to keep up with loan payments transform lender’s performance

Lloyds Banking Group plunged to a second-quarter loss after putting aside £2.4bn for bad debts, forcing the bank to acknowledge that supporting customers through the Covid-19 crisis would come at a cost.

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