Cheltenham & Gloucester plc
Overview
Cheltenham & Gloucester (C&G) is a mortgage services and savings account provider with some 165 branches in the UK. The company is a division of Lloyds Banking Group, which was formed in 2009 when struggling banks Lloyds TSB and HBOS joined forces. Still beset by losses, Lloyds announced plans to close the entire C&G branch network (and cut some 1,660 jobs). Lloyds later said it would sell the mortgage unit rather than shut it down; it will continue to offer C&G-branded services via telephone, mail, or from one of more than 1,800 Lloyds branches. C&G was established as a mutual building society in 1850 and acquired by Lloyds in 1997.
Key Numbers from Hoover's UK
Key financials for Cheltenham & Gloucester plc
| Company Type | Subsidiary of Lloyds Banking Group |
|---|---|
| Fiscal Year-End | December |
| Sales (mil.) | £1,478.6 |
| Employees | 4,215 |
Key People from Hoover's UK
Key people and executives for Cheltenham & Gloucester plc
| Managing Director | Joy Griffiths (Subscribers see complete biographies -- view sample)
Connect to this executive |
|---|---|
| Sales Director | Nick Hale Connect to this executive |
Top Competitors from Hoover's UK
Top competitors of Cheltenham & Gloucester plc
There are 6 competitors for Cheltenham & Gloucester; see more.
