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Lloyds Bank Q1 profits falls; Sets aside £100m for tariff impact

By Frank Prenesti

Date: Thursday 01 May 2025

(Sharecast News) - Lloyds Bank increased its bad debt provision in the first quarter citing downside risks from the impact of US tariffs, while profits fell on the back of higher costs.
Britain's biggest lender lifted its impairment charge to £309m from £57m a year earlier. Net income rose 4% to...

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