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Lloyds Banking Group Reports Half-Year Profits Of €4.5 Billion.

Stock Image: Shuttershock

Earnings were boosted by a house buying frenzy

Lloyds Banking Group has reported half-year profits of €4.5 billion, compared with a loss of €707 million during the same period last year.

Earnings were boosted by a house buying frenzy and the improved economic outlook.

The bank's also confirmed it's buying savings and pensions firm Embark, in a deal worth around €458 million.

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