Lloyds Banking Group has posted a pre-tax profit for 2010 of £2.2 billion. This compares with a £6.3 billion loss in 2009.
The Group extended £30 billion of gross mortgage lending (including remortgages) to UK homeowners last year. This included 50,000 first time buyers.
Lloyds said it provided £49 billion of “committed”” gross lending to UK businesses in 2010