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SEARCH RESULTS FOR "IT FAILURES" NEWS

Lloyds Faces Tech Troubles and Data Errors

Lloyds Faces Tech Troubles and Data Errors
Business
2025-03-13
133

Lloyds Banking Group grapples with technical glitches affecting online banking services and a significant overstatement of interest-bearing deposits reported to the Bank of England. Read more...

UK Banks Face Scrutiny Over IT Failures and Inflation

UK Banks Face Scrutiny Over IT Failures and Inflation
Business
2025-03-07
79

UK banks are under pressure as MPs reveal widespread IT outages costing millions in compensation. Meanwhile, the Bank of England warns against rapid interest rate cuts due to persistent inflation. Read more...

UK Banks Face Online Outages Amid Branch Closures

UK Banks Face Online Outages Amid Branch Closures
Business
2025-03-03
77

Major UK banks, including Lloyds, Nationwide, and Halifax, experienced online banking outages, raising concerns among MPs as branch closures continue. Read more...

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