Lloyds still reviewing whether to pass on BoE rate cut to variable rate customers

August 8, 2016 8:38 AM

22 0

LONDON Aug 8 Lloyds Banking Group said on Monday it is still reviewing whether it will pass on a 25 basis point cut in the Bank of England base rate to its standard variable mortgage customers.

Britain's largest mortgage lender is the last major high street bank holding out against the Bank of England's call to pass on last week's interest rate cut to borrowers.

Also read: Fed's Kaplan says he has no problem with being 'restrictive'

Read more

To category page