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The Economist (Free subscription) | yesterday
SIR – You are correct in pointing out that the authority of international courts and tribunals depends ultimately on the quality of their judges (“Wanted: better judgment, fewer crowd-pleasers and lickspittles”, November 22nd). But your dismissive reference to “vague qualifications” did not recognise the efforts we made, when drafting the statute of the International Criminal Court, to mitigate the...
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The Herald (Free subscription) | yesterday
The chief executive of Lloyds TSB has given his strongest signal yet that, if the deal to acquire HBOS goes ahead, the enlarged group's main trading identity north of the border will be Bank of Scotland.
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Finance Markets (Free subscription) | 03/12/2008
Lloyds TSB has pledged to help its 600,000 small business customers by putting together a six-point ‘charter’ to help them weather the economic downturn. The bank has also confirmed it will pass on, in full, any further cuts in interest rates throughout the remainder of 2008 and the whole of 2009, the measures will benefit [...]
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Banking Times: Daily Banking News (Free subscription) | 03/12/2008
Lloyds TSB has published a charter in which it promises additional help for small and medium sized enterprises (SMEs). The group’s commercial division deals with over 600,000 SMEs and says it wants to provide more certainty on overdrafts and loans. The bank will therefore pass on in full any cuts in the Bank of England’s base [...]
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Leslie's blog (Free subscription) | 03/12/2008
Lloyds TSB promises to pass on tomorrow's rate cut Times Online, UK - 1 hour ago Jon Pain, the FSA's retail market manager, said yesterday that a collar could be unenforceable if it is not included in a lender's key facts illustration ...
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Not a sheep (Free subscription) | yesterday
The BBC faithfully reports their master's claim that "The prime minister told MPs the eight major mortgage lenders had signed up to the plan, which will start early in the new year and is meant to cut the risk of homes being repossessed." However I hear reports that Lloyds TSB and HBOS have not yet agreed to the details of the scheme, despite being two of the eight banks. What is Gordon Brown up to?...
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The Guardian (Free subscription) | yesterday
Mortgages Lloyds TSB is to reduce its standard variable rate (SVR) by 1% with effect from January 1. The cut, which also affects borrowers with loans from Cheltenham & Gloucester , will bring the SVR down to 4%. HSBC has said it will pass on the full 1% cut, reducing its SVR to 4.44%. The change will take effect on January 2. Tracker mortgage customers with the bank will see their rates fall by the...
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Banking Times: Daily Banking News (Free subscription) | yesterday
New Star is being rescued by a consortium of banks that will take a 75% stake in the fund management firm. Lloyds TSB, HBOS, HSBC, Royal Bank of Scotland and National Australia Bank are proposing a £240 million debt for equity swap in a move that will involve the firm delisting from the stock exchange. Shareholders, who [...]
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Arkytek Ltd :: Blog (Free subscription) | yesterday
Angelica Mari, Computing , Thursday 4 December 2008 at 16:59:00 Lloyds TSB is tackling risk management as a key technology priority while the financial services sector deals with the economic turmoil Lloyds TSB is using high-performance computing (HPC) technology to improve its risk management and valuation capabilities while the banking industry comes to terms with the turmoil across the sector....
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UK Libertarian Party (Free subscription) | yesterday
... just another day in parliament: the Guardian eight lenders had so far signed up to the scheme, including HBOS, Nationwide, Abbey, Lloyds TSB, Northern Rock, Barclays and HSBC. Between them they represent around 70% of the mortgage market. So we have 70% to 90% of the market share of mortgages. Where did that figure come from? Well that would be the Prime Minister himself who said in the Commons,...
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Obnoxio The Clown (Free subscription) | yesterday
... just another day in parliament: the Guardian eight lenders had so far signed up to the scheme, including HBOS, Nationwide, Abbey, Lloyds TSB, Northern Rock, Barclays and HSBC. Between them they represent around 70% of the mortgage market. So we have 70% to 90% of the market share of mortgages. Where did that figure come from? Well that would be the Prime Minister himself who said in the Commons,...
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The Guardian (Free subscription) | yesterday
Jonathan Ross, Kristin Scott-Thomas and Jade Jagger all proudly own one. Even the Lloyds TSB chairman Victor Blank was snapped stepping out of one on his way to a meeting to discuss the takeover of HBOS. They may look like Noddy cars, but for the green-conscious urban motorist, the G-Wiz was the guilt-free answer to getting around town. But all that star power hasn't insulated them from a drastic...
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Money Money Money (Free subscription) | yesterday
The government announced today that they'd reached agreement with eight banks (HBOS, Nationwide, Abbey, Lloyds TSB, Northern Rock, Barclays, Royal Bank of Scotland and HSBC) who have agreed to allow struggling homeowners to take a two year payment holiday or reduced payments, rather than face repossession. The idea is that interest owed is deferred (added to the loan), and as soon as the