Earnings were boosted by a house buying frenzy
Lloyds Banking Group has reported half-year profits of €4.5 billion, compared with a loss of €707 million during the same period last year.
Earnings were boosted by a house buying frenzy and the improved economic outlook.
The bank's also confirmed it's buying savings and pensions firm Embark, in a deal worth around €458 million.
Lloyds restores dividend as profits rebound on sunnier outlook https://t.co/zkQL16QChs pic.twitter.com/pTBln9cH5v
— Reuters (@Reuters) July 29, 2021
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