Investment Companies - Lloyds Banking Group
Lloyds Banking Group
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Lloyds Banking Group

The origins of Lloyds Bank date back to 1765 and over the years, they gradually expanded through a series of mergers.

By 1923, Lloyds had made some fifty takeovers, one of which was the last private firm to issue its own bank notes - Fox, Fowler and Co. of Wellington, Somerset. By the early 1990s,

Lloyds had offices throughout the world in over 30 countries, from Argentina to the USA.

In 1995, Cheltenham & Gloucester (C&G) joined the Lloyds Bank Group and later the same year, the group merged with TSB Group to form Lloyds TSB Group plc.

You can build up a useful tax-free sum by opening a Lloyds TSB Mini Cash ISA. The more you save, the more interest you earn as rates are tiered. You can save regular amounts or single lump sums when you can. They meet the government's CAT standards, so you know you're getting a fair deal.

Lloyds TSB also have a TESSA ISA. You can invest the capital from your matured TESSA (but not the interest) in a TESSA ISA. This doesn't affect how much you can save in other types of ISAs so you could then deposit the interest in another ISA account to maximise your tax-free savings.

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