Dominic Laurie
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TSB name back on UK high streets

The TSB name is reappearing after 18 years as 600 Lloyds bank branches across the country are re-branded

There is a change coming to a high street bank near you, with more than 600 branches of Lloyds TSB being re-branded and re-launched as TSB.

The new bank will be sold off next year, as part of a process ordered by the European Commission, to provide greater competition.

The sale was a condition of the government's bail-out for the bank, which is 39%-owned by the taxpayer.

Dominic Laurie explains.