Aug 5: Lloyds bad debts spiral

Name: Aug 5: Lloyds bad debts spiral
Uploaded: 2009-08-05T11:22:59.000Z
Duration: PTNaNMNaNS
Channel: Financial Times
Description: Jane Croft on the latest bank results

Lloyds Banking Group on Wednesday disclosed that the deteriorating state of its loan portfolio had caused it to recognise Â£13.4bn of impairment charges in the first half of 2009. Jane Croft, retail banking correspondent, puts the figures in context

August 5, 2009

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