‘Eye-watering’ bank profits shows ‘folly’ of slashing bank surcharge, slam TUC and campaigners
LLOYDS and HSBC have reported record profits amid sky-high interest rates and mortgage misery.
Lloyds Banking Group said its yearly profit had soared by more than 50 per cent to £7.5 billion after being boosted by higher borrowing costs.
HSBC on Wednesday unveiled record-high yearly profits of £24bn, up nearly 80 per cent in 2023, and nearly doubled the pay packet for its boss.
More from this author
Israel’s onslaught has created the largest number of child amputees in modern history, experts say
Similar stories
Our 'big four' banks are suddenly coining it again, by fleecing lenders and under-rewarding savers — and neither party is suggesting any accountability, laments BERNIE EVANS
