Lloyds profits take hit as it sets aside £377m to cover loan defaults in tough economy | Bala
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Lloyds profits take hit as it sets aside £377m to cover loan defaults in tough economy

Lloyds profits take hit as it sets aside £377m to cover loan defaults in tough economy

Lloyds Banking Group has set aside £377m to cover a possible increase in loan defaults as interest rates rise in the tough economy.