Lloyds bank reveals IT glitch affected almost half a million customers

Here’s an update based on the information provided:

**Lloyds Bank IT Glitch Impacts Nearly Half a Million Customers; Apology Issued**

**London, UK** – Lloyds Bank has confirmed that an IT glitch impacted nearly half a million of its customers, prompting an apology to the Treasury Select Committee and the issuance of some compensation.

The revelation came in a letter to the Committee, where the bank expressed its apologies for the disruption caused by the technological issue. Lloyds confirmed that certain customers had received compensation, though the exact number or the full scope of the glitch’s impact beyond the initial nearly half-million figure was not immediately detailed.

This incident underscores the ongoing challenges financial institutions face in maintaining robust IT infrastructure and is likely to draw further scrutiny regarding operational resilience and customer protection.