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25 October 2023

Finance

Bank of Scotland owner Lloyds’ Q3 profits jump to £1.86bn

Lloyds Banking Group, owner of Bank of Scotland and Scottish Widows, has reported a surge in its pre-tax profits for the third quarter to £1.86 billion from £576 million in the same period a year ago, a figure slightly surpassing the £1.82bn City analysts had forecasted.