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The Lloyds Banking Group is one of the leading providers of financial and banking services to households and businesses in the UK and abroad. The group incorporates various famous brands, such as Halifax, Scottish Widows, Bank of Scotland and Lloyds respectively. Enjoying the combined history of more than 300 years, the Lloyds group operates in various sectors including commercial banking, retail, insurance and customer finance. The company focuses on a customer-centered strategy, aiming to provide the best customer experience and to build simple and efficient service.
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Bank of England (BoE) cut rates for the first time in August 2024, with further easing expected in the coming months. But how low are rates likely to go?
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