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Lloyds Bank
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Glossop Cartons Acquires Contact Print and Packaging
Nov 26, 2015British carton board packaging firm Glossop Cartons has acquired Contact Print and Packaging for an undisclosed sum. Founded in 1992, Contact Print and Packaging employs 54 people at the Stockport site, which boasts three purpose-built ...
Tags: Glossop Cartons, Contact Print, Packaging
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DFS Has Secured a New Eurp230m Funding Package From a Banking Syndicate
Mar 25, 2015DFS has secured a new £230m funding package from a banking syndicate led by Lloyds Bank Commercial Banking following its recent stock market listing. The funding includes a £200m term loan that will be used to repay existing ...
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Real Good Food Acquired Rainbow Dust Colours for an Initial Amount of ?4m
Jan 22, 2015Real Good Food has acquired Rainbow Dust Colours, a cake decoration company, for an initial amount of £4m. An additional cash consideration of £3.5m would be paid in the form of an earn-out based on gross margin achieved in ...
Tags: cake, Agriculture
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Beacon Packaging Installs New Packaging Machine Worth Eur1.1m to Increase Its Production
Apr 8, 2014UK-based Beacon Packaging has installed a new packaging machine worth £1.1m to increase its production volume. The new machine is manufactured by Italian firm Sipack. Beacon has received funds from a hire purchase facility from ...
Tags: Packaging, Printing, Printing Machine
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Lloyds Bank Has Revealed How Using Service Virtualisation
Nov 26, 2013Lloyds Bank has revealed how using service virtualisation has helped it cut app development costs by reducing testing times and highlighting defects earlier so that they can be fixed more cheaply. The bank, which uses CA ...
Tags: lloyds, bank, service, virtualisation, app, development, cost
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CO-OP Bank Written Down £148.4m After Deciding Not to Go Ahead with Implementation
Sep 3, 2013The Co-operative Bank has written down £148.4m after deciding not to go ahead with the implementation of a new core banking platform. The bank revealed the write down as part of its financial results for the six months to 30 June ...
Tags: Computer Products
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Lloyds Bank and Mobile Payments Are Developing a Suite of Mobile Card Acceptance Services
Jun 27, 2013Lloyds Bank is to work with mobile payments company Monitise to develop a suite of mobile card acceptance services for small businesses. The services will be developed on Monitise's mPOS platform and aimed, in particular, at ...
Tags: Lloyds Bank, Mobile Payments, Monitise
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Sainsbury's Bank Will Outsource Its Entire Banking IT Platform
May 9, 2013Sainsbury's Bank, the 50/50 joint venture between the supermarket chain and Lloyds Bank, will outsource its entire banking IT platform when Sainsbury's takes complete control of the financial services organisation. Further reading ...
Tags: Sainsbury, IT, Computer Products
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Aviva Is Considering Purchasing The Co-Operative Group General Insurance Business
Apr 23, 2013London-based underwriter Aviva is considering purchasing the Co-operative Group general insurance business in a deal valued at approximately £650m ($989.82m). Co-operative Group, which operates as one of the UK's largest consumer ...
Tags: Aviva, Co-Operating Insurance
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When Andy Haywood Says He Is Extremely Busy,It Is Probably Not an Exaggeration
Dec 24, 2012When Andy Haywood says he is extremely busy, it is probably not an exaggeration. Eight months after joining the Co-operative Business Group (CBG) as group chief information officer (CIO), he is leading a full-scale IT transformation ...
Tags: Andy Haywood, Co-operative Business Group, chief information officer
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Direct Group Has Completed Acquisition of Simple Insurance
Nov 30, 2012Doncaster-based provider of outsourced services, Direct Group has completed acquisition of Simple Insurance from Leeds-based UK General for an undisclosed amount. Direct Group chief executive Derek Coles said the company offers a range of ...
Tags: Direct Group, acquisition, Simple Insurance, insurance company