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British TV and film production - buoyed by rise of Netflix and public’s return to cinema - enters new golden age.Rolls-Royce boss confident engineering giant will win race to develop Britain’s first fleet of mini nuclear power plants.Chancellor must rethink business taxation, especially the much-maligned tourist tax, says HAMISH MCRAE.MIDAS SHARE TIPS: Secure Trust Bank is a winner - as football clubs give credit to their loyal fans.REVEALED: The 100 top FTSE fat cats earning 127 times more than the rest of us: Twenty biggest earners took home almost £170million each last year alone.TONY HETHERINGTON: Don't trust the International Financial Fraud Investigation Association over Smith & Partner.JEFF PRESTRIDGE: Why Nick Train, Britain's very own Warren Buffett, plans to go on and on with Lindsell Train.Cricket star Adam Hollioake tells ME & MY MONEY how he lost £21million but fought his way back from bankruptcy.There’s now NO excuse for banks refusing to tell their customers why they were locked out One MILLION bank accounts have been closed in just four years.
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There’s evidence in our archive of some links to slavery. Birmingham became the main supplier of ironware and guns to Africa, which would have been used by slave traders.īetween 18 Lloyds took over around 50 banks - some 200 in total, as these banks had taken over other banks. However, customers included those involved in the iron trade as well as gun makers. It’s difficult to say whether early customers had connection with the slave trade, as very few customer records have survived. John Lloyd, one of the sons of Sampson Lloyd II, one of the original founders of the bank, was heavily involved in the movement. The Lloyd family were Quakers and, as such, family members were actively involved in the movement to abolish the transatlantic slave trade. Like any institution that is so interwoven with our country’s history, we must acknowledge and learn from our past. They replaced the men who had gone off to fight.Ī lot has changed during the 300 year history of our brands and while we have much within our heritage to be proud of, we can’t be proud of it all. Women were employed by the bank in large numbers for the first time, during the First World War. This meant officers returning to and from the Front could cash cheques at any time, day or night. During the First World War, its main office in Charing Cross, London, stayed open 24 hours a day. Previously known as Cox & Co., this firm served as banker to the armed forces. The second acquisition, in 1923, was that of army agency Cox’s & King’s.
This was the last provincial bank in England and Wales to issue its own banknotes, which it had done continuously since 1787. In 1921, Lloyds took over the Somerset bank of Fox, Fowler & Co. This secured Lloyds' position as one of the ‘Big Five’ high street banks. Through the takeover, Lloyds gained an additional 473 branches – an increase of 53%. In 1918, Lloyds undertook what was to be its biggest takeover until the merger with TSB, some 80 years later. It continued its domestic growth, taking over banks large and small it began its expansion overseas its workforce changed beyond recognition, with the employment of women in large numbers during the First World War and its accounting systems, largely unchanged since the 17th century, were transformed by mechanisation. The start of the 20 th century marked a period of significant change for Lloyds, on many different levels.
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