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Lloyds wins as banks pay Britons incentives to switch

Published Fri, Apr 24, 2015 · 09:50 PM

London

LLOYDS Banking Group plc's Halifax unit gained the most customers from its rivals of any UK lender in the third quarter as probes by the competition watchdog and financial incentives resulted in more Britons switching banks.

Royal Bank of Scotland Group plc and Barclays plc lost the most UK checking accounts in the period, the most recent data published by Britain's Payments Council on Thursday show.

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