Lloyds sets date for unveiling review

Lloyds will unveil the results of a group-wide strategy review on 30 June, as the bank considers a range of possible asset sales and restructuring moves.

New chief executive Antonio Horta-Osorio has been working on the review since taking up office, and the company has appointed management consultancy firm McKinsey and others to work on the business plan. It comes on top of an ongoing plan to sell 600 bank branches.