Lloyds Profits Up to Gbp3.9 Bn

Summary


BANKING giant Lloyds TSB today shrugged off the credit market turmoil that has rocked many of its rivals as it posted a 6-per cent hike in annual profits to GBP3.92billion.

The group reported a GBP280m hit from the credit crunch - a fraction of the GBP1.6bn revealed earlier this week by rival Barclays.

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Extract


Lloyds Profits Up to Gbp3.9 Bn

Lloyds said its "prudent approach...

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