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Bank urges lenders to boost credit
The UK’s economic recovery is threatened by the weakness of bank lending, warned Paul Tucker, deputy governor of the Bank of England, adding that the outlook was ‘uncertain’

Lloyds repays 2.3bn to UK Treasury
Lloyds is believed to be the first bank in the west to have repaid the bail-out aid provided by the UK government in an attempt to stabilise the banking system

Barclays to close final salary pension scheme
LONDON (Reuters) - Barclays has proposed closing its final-salary pension scheme for British staff, which a union said will affect 18,000 employees.

Lloyds prepares for up to 400 branch closures
The bank has announced 1,660 job losses and is working on the basis that it may close branches, including 164 Cheltenham & Gloucester outlets set to shut in November

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