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Lloyds reports £6.7bn profit in 2025


By Michael Griffiths

Lloyds Bank has announced a 12% jump in pre-tax profit to £6.7bn in its latest annual results, ahead of previous analyst forecasts.

The bank said it benefitted from a higher net income of £18.3bn across the year, up 7% on 2024, which helped to offset remediation costs in relation to the motor finance investigation by the Financial Conduct Authority (FCA)


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Santander UK closes 44 bank branches

Santander has confirmed it is closing 44 of its UK branches, putting 291 jobs at risk

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easyJet losses widen in Q1 results

easyJet has seen its loss before tax increase by 52% annually to £93m in Q1, as a result of its first winter operating investments in Italy and the time requirement for capacity investments to reach maturity

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Ocado shares hit as Canadian partner closes fulfilment centre

Shares in Ocado have fallen by over 11% after its Canadian grocery partner, Sobeys, announced that it was to close a customer fulfilment centre (CFC) in Calgary

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Evoke posts Q4 growth despite ‘disappointing’ Budget outcome

Evoke said it had moved “quickly and decisively” to mitigate gambling tax changes in the Autumn Budget, as the betting company announced store closures and cost saving measures in Q4.

The William Hill and 888 owner said it was “disappointed with the outcome” of the Budget, although still reported a 2% year-on-year jump in annual revenue to £1.79bn

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The Revel Collective to enter administration

The Revel Collective has announced its intention to appoint administrators to the company, after actively pursuing a formal sale process

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Dr Martens shares fall as Q3 revenue drops

Shares in Dr Martens dropped by over 12% after its group revenue in the third quarter fell by 2.7% year-on-year to £253m

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boohoo shares jump following earnings upgrade

boohoo has recorded a 6% increase in its share price after it increased its earnings guidance for the current financial year

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Pets at Home reiterates profit guidance in Q3 update

Pets at Home has reiterated its underlying pre-tax profit guidance for the full year, after its group consumer revenue increased by 0.8% annually in Q3 to £472m

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British Land offers £150m for Life Science REIT

Life Science REIT has agreed to an acquisition offer from British Land valued at £150m

Ryanair upgrades traffic guidance as profits plummet

Ryanair has upgraded its traffic guidance for the current financial year, despite its profit after tax dropping by 80% to €30m following a €256m fine by the Italian Competition Authority
Bank of Scotland fined £160k for breaking Russia sanctions

Bank of Scotland has been fined £160,000 for breaking financial sanctions related to Russia's war in Ukraine
FitzWalter makes ‘final’ offer for ATG

FitzWalter Capital has made its final offer for Auction Technology Group (ATG)


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