Pestle Raport Lloyds Banking Group
Table of Contents
1. Introduction……………………………………………………………….
1.1 Vision................……………………………………..
2. Political…………………………………………………………………..
3. Economical…………………………………………………….………..
4. Social…………………………………………………………..………...
5. Technological……………………………………………………………
6. Legal………………………………………………..………….………....
7. Environmental ……………………………………………………………
8. Three Challenges ……………………………………………………….
9. Conclusions……………………………………………………………....
10. Bibliography………………………………………………………………
11. Appendices……………………………………………………………….
1. Introduction
Lloyds Banking Group PLC is a financial institution that was formed after the acquisition of HBOS in 2009. Lloyds PLC are one of the largest banks in the UK by assets, containing over 100.000 employees in total. It operates in several countries and provides products and services such as retail commercial banking, wholesale banking and bancassurance. Their headquarters is stationed in London. After the acquisition of HBOS, Lloyds became the leading retail bank in the UK with core brands being Lloyds TSB, Halifax and Bank of Scotland (Market Line 2012).
In this report I will start to analyse the external environment by conducting a PESTLE analysis for Lloyds banking Group PLC. The PESTLE analysis contains multiple external factors that can influence the company, this includes: Politics, Economics, Social, Legal and Environmental. All this factors have each their importance for the company and can have different impacts, depending on the situation. In the end of the report, I will write about three significant challenges that Lloyds are facing at the moment. At the end of the reports there will be a conclusion.
1.1 Vision
Lloyds Banking group 's vision is to become UK’s top bank for costumers and shareholders.
To achieve their goals and the will make strategies that are simple and agile to the organisation and be responsive at the same time. They will also focus on products
1. Introduction……………………………………………………………….
1.1 Vision................……………………………………..
2. Political…………………………………………………………………..
3. Economical…………………………………………………….………..
4. Social…………………………………………………………..………...
5. Technological……………………………………………………………
6. Legal………………………………………………..………….………....
7. Environmental ……………………………………………………………
8. Three Challenges ……………………………………………………….
9. Conclusions……………………………………………………………....
10. Bibliography………………………………………………………………
11. Appendices……………………………………………………………….
1. Introduction
Lloyds Banking Group PLC is a financial institution that was formed after the acquisition of HBOS in 2009. Lloyds PLC are one of the largest banks in the UK by assets, containing over 100.000 employees in total. It operates in several countries and provides products and services such as retail commercial banking, wholesale banking and bancassurance. Their headquarters is stationed in London. After the acquisition of HBOS, Lloyds became the leading retail bank in the UK with core brands being Lloyds TSB, Halifax and Bank of Scotland (Market Line 2012).
In this report I will start to analyse the external environment by conducting a PESTLE analysis for Lloyds banking Group PLC. The PESTLE analysis contains multiple external factors that can influence the company, this includes: Politics, Economics, Social, Legal and Environmental. All this factors have each their importance for the company and can have different impacts, depending on the situation. In the end of the report, I will write about three significant challenges that Lloyds are facing at the moment. At the end of the reports there will be a conclusion.
1.1 Vision
Lloyds Banking group 's vision is to become UK’s top bank for costumers and shareholders.
To achieve their goals and the will make strategies that are simple and agile to the organisation and be responsive at the same time. They will also focus on products
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