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Daily Mail
21-05-2025
- Business
- Daily Mail
Lloyds launches new Premier current account with '£100 of monthly perks' - are you rich enough to get it?
Lloyds Bank has launched a new current account aimed at wealthy customers. The Premier account comes with a range of perks it claims to be worth £100 month. It is geared towards those who have an income, savings or investments of at least £100,000. Alternatively, customers can get the account if they are able to fund it with £5,000 a month. The monthly account fee of £15 will be refunded each month a customer meets the eligibility criteria. Lloyds is on a drive to grow the number of wealthier customers it attracts by stepping up its perks, with rivals Barclays, HSBC and NatWest already offering deals for high-net wealth individuals. Jo Harris, of Lloyds, says: 'Lloyds Premier is a strategically important milestone in our growth ambitions for affluent customers - a part of the market where we have historically been under-represented.' The perks on offer range from cashback to access to medical services provided by Bupa. How much the perks are actually worth depend on which benefits customers choose and how often they use them. Lloyds Premier offers the same perks as a Club Lloyds account but with an extra layer. Customers can get fee-free spending abroad on debit cards, six free cinema tickets or 12 months of Disney+ as with a Club Lloyds account. But it also offers GP and wellbeing services, lifestyle benefits, travel perks, cashback, discounted mortgage rates and appointments with financial coaches. The Bupa Family GP subscription service provides access to online GP and nurse consultations, online physiotherapy sessions and online mental health treatment sessions. It also comes with 1 per cent cashback on debit card spending, capped at £10 each month. Barclays Premier lets customers earn up to 15 per cent cashback on eligible card transactions with a Barclays Visa debit card linked to a Cashback Rewards account. Customers need to earn at least £75,000 or have £100,000 savings or investments to qualify for the Barclays deal. Customers can earn interest on balances kept in the Lloyds Premier current account. Lloyds will pay 1.5 per cent on balances up to £3,999.99 and 3 per cent on balances between £4,000 and £5,000 - meaning customers stand to make £90 interest on £5,000 kept in the account. Interest will only be paid if customers have two monthly direct debits set up from the account though. Customers can earn a savings boost on Lloyds one-year fixed-rate bond which has a minimum deposit of £2,000 or more. Also on offer is a 0.2 per cent discount on new homeowner mortgage rates and remortgage rates. The account also offers ready made investment portfolios with no management fees in the first year of having the account. HSBC's Premier account offers boosted savings rates, preferential rates on loans and free worldwide travel insurance. Earlier in the year, HSBC bumped up the eligibility requirements to get the account, namely earn £100,000 or have the same amount in savings or investments. NatWest also has a premier account which, like Lloyds new account requires customers to have an annual income of £100,000 To qualify, you also need a mortgage, investment, life insurance or protection policy with the bank. Customers can also qualify with the same sum in savings or investments, or a half a million pound NatWest mortgage. In return, customers get worldwide family travel insurance, exclusive airport lounge service and a premium 24-hour helpline.
The Independent
21-05-2025
- Business
- The Independent
Lloyds account ‘will help empower affluent customers to reach financial goals'
Lloyds Bank is stepping up its drive to attract affluent customers, with the launch of a new account aimed at people with income or assets of more than £100,000. The bank's offer of an account combining financial perks with 'premium lifestyle services' is part of moves to grow its presence in this part of the market. The Lloyds Premier account offers GP and wellbeing services, lifestyle benefits, travel perks, cashback, discounted mortgage rates and appointments with financial coaches, among its benefits. The perks include a Bupa family GP and wellbeing subscription service, providing remote access to a range of services; a 0.2 percentage point discount on new homeowner mortgages and remortgage rates and 1% cashback on eligible debit card spending, up to £10 per month. Customers can also receive 1.50% AER (annual equivalent rate) variable credit interest on balances between £1 and £3,999.99 and 3.00% AER variable credit interest on any part of the balance between £4,000 and £5,000, subject to terms and conditions. The account will also offer customers 'ready-made investment portfolios with zero management fees for the first year'. The deal also offers a 'Premier planning hub' within the mobile app, offering tools such as a 'net worth calculator' and 'wealth forecasting'. People can also access other perks such as fee-free spending abroad on debit cards, and cinema tickets. Jo Harris, director of consumer relationships at Lloyds, said the account will 'help empower' customers to reach their financial goals. 'Lloyds Premier is a strategically important milestone in our growth ambitions for affluent customers – a part of the market where we have historically been under-represented. 'Our new Lloyds Premier account is the latest way we are delivering for our affluent customers, offering experience-led, tailored and personalised solutions in financial, health and lifestyle, while growing our presence in this part of the market.' Under the Lloyds Premier criteria, customers must pay in £5,000 each month or have £100,000 of savings or qualifying investments with Lloyds Bank to be eligible for the account. A monthly fee of £15 will be refunded each month a customer meets the eligibility criteria. Accounts are regularly reviewed, with customers contacted if they are not meeting the criteria, Lloyds said. The bank estimates that customers will typically receive more than £100-worth of benefits per month, based on an account holder's assumed average usage of benefits. Caitlyn Eastell, a spokesperson at financial information website said: 'It's great to see Lloyds Bank launching an innovative account which can help consumers achieve their savings goals and effectively manage their lifestyle. Combining these perks into one account can pose as a massive timesaver and may entice customers with a busy daily schedule. 'However, it is imperative that consumers consider if the account is suitable for their needs to ensure they can get the best value and are not losing out on any of the best perks.' Ms Eastell said that with many 'lucrative 'premier' accounts, the terms and conditions can be quite restrictive so they should be reviewed carefully to ensure they qualify'. She added that for current account customers more widely: 'There are still a wealth of current accounts to choose from which can offer interest on balances or overdrafts. In any case, if customers are unsure which account may be best for them, they should seek independent advice.'
Yahoo
19-05-2025
- Business
- Yahoo
MCA AWARDS FINALISTS DEMONSTRATE HOW CONSULTING IS DRIVING UK GROWTH AND INNOVATION
The MCA Awards 2025 highlight the vital role of consulting in shaping the future of industries, businesses, and public services and helping clients drive innovation and growth across the UK and the world This year, 50 finalist firms have made it to the interview stages, backed by leading 100 clients. 85 individuals are also through to the finalist round There are 22 awards categories for both individuals and projects as well as Best New Consultancy, Times Consultant of the Year and Project of the Year Among the finalists, 50% are SMEs, highlighting the diverse expertise in digital technology, artificial intelligence, and people management advisory services across the UK's consulting industry LONDON, May 19, 2025 /PRNewswire/ -- The Management Consultancies Association (MCA) has announced the finalists for the MCA Awards 2025, celebrating the achievements in management consulting that drive innovation and growth across numerous business sectors, both in the UK and internationally. This year's awards highlight the transformative efforts of consulting firms and individuals committed to tackling complex challenges, delivering sustainable growth and positively impacting society. Judging interviews will take place next month with consulting firms joining client leaders from brands including Bupa, Whitbread, Warner Brothers, AstraZeneca, Tesco, Volkswagen and Sainsburys. More than 60 independent judges from diverse industries will ensure a fair and comprehensive evaluation of the entries. The MCA Awards projects underscore the consulting sector's crucial role in driving growth for the UK economy, enhancing business efficiencies, and fostering innovation. They also highlight the sector's importance as a trusted advisor during uncertain times. Notable examples include PwC's collaboration with veterinary care group IVC Evidensia (IVCE) on a technology transformation, which supported teams in 2800 clinics worldwide, boosting operational efficiencies and facilitating growth and acquisitions and 4C Associates partnership with Bourne Leisure, a leading holiday home and hotel business, which unlocked £21m in savings while improving efficiency, sustainability, and guest experience. SME consultancy Sharing in Growth worked with Maher, a machining company, to achieve strategic and operational improvements, resulting in a threefold increase in aerospace sector sales. Additionally, Gate One revamped Whitbread's Premier Inn reservation platform, enhancing bookings, revenue, and business resilience. Tamzen Isacsson, Chief Executive of the Management Consultancies Association, of said "Consulting is at the forefront of driving growth and innovation for clients, and this year's MCA Awards finalists exemplify the diverse and impactful work being delivered across various sectors in the UK and globally. We are thrilled to see the breadth of projects represented across different categories and are proud that over 100 leading client organisations are partnering with consulting firms to showcase the true value of consulting to the economy and society. The countdown to the finals has begun, and we look forward to celebrating the achievements of all project teams and individuals." Consulting advisory work on the safe deployment of artificial intelligence (AI) is in high demand across many sectors, as highlighted by numerous successful MCA Awards case studies. In the Technology Transformation category, EY's collaboration with Diageo on transforming its digital supply chain with data, AI, and technology enhancements stands out. This project unlocked significant financial benefits while drastically reducing Diageo's water and carbon footprint. In the Change and Transformation in the Public Sector category, Capgemini Invent partnered with the Cabinet Office to accelerate AI adoption across the UK Government. This initiative ensures that AI enhances public services and positions the UK as a leader in secure, ethical, effective AI. The sector's role in driving digital technology enhancements is evident across various categories and finalist projects. In the Performance Improvement in the Private Sector category, Atkins Réalis optimised data collection about the M25, Britain's busiest motorway, using new Geographic Information System tools. This work reduced disruptions, minimised risks to maintenance teams, and cut road maintenance costs for Connect Plus Services. In the public sector, Moorhouse Consulting collaborated with Network Rail to enhance safety and efficiency across 20,000 miles of track using innovative technology, resulting in improved reliability and efficiency. Additionally, PwC worked with Homes England to implement a new digital system for efficient grant applications, accelerating the allocation of £6 million in funding to support social housing. Other finalist projects show how the very best of private sector expertise can deliver better frontline services for taxpayers. Examples include Capita which assisted the North West London Integrated Care System (ICS) by centralising fragmented staffing offices and procurement systems, achieving £12.6 million in annual savings, which were reinvested back into patient care. KPMG meanwhile supported the NHS Federated Data Platform, positively impacting over 1 million patients across England while, in the Technology Transformation category, GHD Consulting consolidated thousands of Defra data sources to facilitate the rapid and efficient provision of £50 million in targeted support to farmers most affected by the 2024 winter flooding. Other brilliant examples of consulting work in the public sector include BJSS who worked with Natural Resources Wales to create the Flood Warning Information Service for Wales, reducing flood alert times from 10 minutes to 30 seconds and deployed with 98% delivery success rate during Storm Bert. (Performance Improvement in the Public Sector) and Inner Circle Consulting worked with Liverpool Adult Social Care Services to help deliver £8.9 million in annual cost avoidance against a backdrop of acute financial pressures in social care. (Performance Improvement in the Public Sector). Consultancies also contribute to broader societal benefits through their work with clients. In the 'Best Use of Thought Leadership' category, Deloitte partnered with the Royal Foundation of the Prince and Princess of Wales to highlight the benefits of investing in early childhood development. Inner Circle Consulting, working with the London Homes Coalition, identified a skills gap, projecting a shortfall of 2,600 workers needed for social housing plans. Additionally, CF, commissioned by the Alzheimer's Society, calculated the total cost of dementia in the UK to be £42 billion in 2024, projected to rise to £90 billion by 2040, with over 63% of these costs borne by patients and their families. The study emphasised the urgent need for early diagnosis, increased support for unpaid carers, robust social care, and improved data capture, leading to a government commitment to raising diagnosis rate targets. The UK is also a global power in consulting and this is reflected in the 'International' category which includes projects by PwC, KPMG, and Mott MacDonald. BAE Systems Digital Intelligence boosted cyber resilience in the Indian and Pacific regions, while PwC transformed Hong Kong's Mass Transit Railway Capital Works division to upgrade and extend the rail system for 9.5 million daily passengers. Clients are continuing to look for consulting support to help them meet targets for net-zero and emissions as well as regulatory requirements. This is evident in the Sustainability category where finalists include Capgemini who collaborated with the Driver and Vehicles Standards Agency (DVLA) to reduce 3,694 tonnes of CO2 emissions over five years by transitioning parts of its fleet to electric vehicles. Deloitte partnered with Cisco to develop a Sustainability Data Foundation that tracks detailed carbon footprint information for over 65,000 products while in Greater Manchester, CBRE implemented an ESG framework that evaluates potential development sites for acquisition across 35 metrics, reflecting best practices in sustainable development and social value, contributing to the region's economic development. The MCA Awards celebrate exceptional individuals across ten categories, including Apprentice of the Year, Technology Consultant of the Year, and Team Leader of the Year. Simon Dale, a finalist for Technology Consultant of the Year, has enhanced BJSS' data capability with a new data service framework. Charith Abeyrantne from Deloitte, noted in the Experienced Leader Award, is recognised for this role in helping clients to responsibly scale Generative AI and AI in their organisations, following his previous career as a teacher. In total, PwC have 27 projects and individuals going through to the finalist stage, followed by KPMG (26), EY (16) and Deloitte (12). Small firms also have a number of finalists including Inner Circle Consulting (5) and IMPOWER (4). In the category for Best New Consultancy, a total of four consultancy firms are included. The MCA Awards 2025 will culminate in a ceremony hosted by Clare Balding CBE at the Grosvenor Hotel this autumn while a reception for the finalists will take place at Lancaster House. Full details including information on ticket and table bookings for the event taking place at the Grosvenor House in London can be found at A full list of finalists is available at For sponsorship details please contact Natalie Mendez, Notes to Editors: The Management Consultancies Association (MCA): The MCA is the representative body for the UK's leading management consulting firms. For nearly 70 years, the MCA has been the voice of the consulting industry, promoting the value of consulting to business, the public sector, media commentators and the general public. The MCA's mission is to promote the value of management consultancy for the economy and society as a whole. The MCA's member companies comprise over 50% of the UK consulting industry and work with the vast majority of the top FTSE 100 companies and almost all parts of the public sector. The UK consulting industry is amongst the best in the world and a vital part of the business landscape. View original content: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
AU Financial Review
13-05-2025
- Business
- AU Financial Review
Game on: Bupa taps Luminis, A&M for Healthscope tilt
There's no love lost between Bupa and Healthscope, the Brookfield-owned operator singling the health insurer out in an advertising campaign last year, accusing it of bleeding it dry. But what happens with your worst enemy becomes your best suitor? On Monday, Street Talk revealed that St Vincent's Health, Australia's largest not-for-profit provider of health and aged care services, had brought in homegrown investment bank Barrenjoey Capital Partners to advise on a possible bid.
North Wales Live
11-05-2025
- Health
- North Wales Live
Adding just one food item to your water could help reduce belly fat
Weight loss is a challenging issue for many in the UK, and it's become more pressing for those grappling with increased belly fat. A recent 2024 study revealed that over 40% of Brits are actively trying to slim down. In a rather alarming statistic provided by click2pharmacy, one in four children in England is on a diet, "indicating that weight management is a priority across various age groups." People often resort to trendy diets like keto or Atkins, which focus on a low-carbohydrate intake. Nonetheless, Bupa health specialists have called out these fad diets as only effective short-term solutions. They commented: "Cutting out carbohydrates means people usually don't get enough fibre. This can have a long-term effect on your gut health and may also increase your risk of heart problems." They advise that a better alternative might be to opt for complex carbs, suggesting: "Instead of cutting out carbohydrates altogether, you could switch to complex carbs such as brown rice, brown bread, and wholemeal pasta.", reports Surrey Live. However, there is one superfood that has become a popular choice in weight-loss diets and can be simply added to a glass of water: chia seeds. What are Chia seeds, and how do they aid in weight loss? Chia seeds are small edible seeds that are oval and grey in colour with black and white spots. The seeds are packed with fibre, protein, and omega-3 fatty acids, which are key players in weight management. "One of the great things about chia seeds is that they swell up when mixed with liquid, creating a gel-like texture that helps you stay full for longer," reported Healthera. By taking two tablespoons of chia seeds, this equates to almost 10 grams of fibre. That's around 40 per cent of the recommended daily intake. Experts at Healthline shared that diets high in fibre have been linked to weight loss. According to 2015 research, eating 30 grams of fibre daily may help you lose as much weight as if you followed a more complicated diet. Adding chia seeds to water When you eat chia seeds, the soluble fibre soaks up water and expands in your stomach, helping you feel full longer. While chia seeds cannot single-handedly burn belly fat, adding chia seed water to a balanced diet can help by increasing digestion, making you feel less hungry and offering long-lasting energy to support exercise. Nutrients per serving according to WebMD A 1-ounce serving of chia seeds has: Calories: 138 Protein: 4.7 grams Fat: 8.7 grams Carbohydrates: 12 grams Fibre: 9.8 grams Sugar: 0 grams Chia seeds are versatile and can be eaten in different ways. Healthera has offered two recipes for incorporating chia seeds into your diet. Chia seed pudding: 3 tablespoons chia seeds 250ml almond milk (or any milk of your choice) 1 teaspoon honey or maple syrup 1/2 teaspoon vanilla extract Toppings: fresh berries, nuts, or coconut flakes Chia seeds smoothie: 1 banana 100g frozen berries (like blueberries or raspberries) 1 tablespoon chia seeds 250ml almond milk or coconut water 1 tablespoon Greek yoghurt (optional)
