Lloyds Bank reports 33% rise in profit, warns of Iran war impact - Reuters
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Bank expects its base case for GDP growth to be 0.5% this year, lower than IMF’s 0.8% prediction for Britain Business live – latest updates Lloyds has warned that the economic fallout from the Middle East conflict could cost it £151m amid rising unemployment and inflation and a slowdown in the housing market. The FTSE 100 group, whose brands include Lloyds Bank, Halifax and Bank of Scotland,.
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