Latest News About Halifax Bank updates solid mid-2025 performance driven by higher lending balances and expansion in Retail and Business Finance

Updated 2026-06-18 00:30

The Halifax group showed robust mid-2025 results with increased net lending balances and growth in Retail and Business Finance, including the February 2026 completion of selling the Consumer Vehicle Finance unit to unlock capital for higher-return opportunities. The group also highlighted cost savings from its Project Fusion as it shifts from loss-making vehicle lending to speed up long-term growth. Interim six-month figures show narrowing margins improving and debt levels being managed within the strategic reset.

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