AA wins new five-year contract with Lloyds Banking Group

Writer, Stock Market Wire
Thursday, February 7, 2019 - 08:55

Roadside assistance group AA said it had won a new five-year roadside assistance contract with its longstanding partner Lloyds Banking Group to supply breakdown assistance service and new driving as well as digital services to the bank's customers.

Under the terms of the contract, effective from April this year, the AA would continue to support Lloyds Banking Group Packaged Bank Account customers with roadside assistance, home start, recovery and accident management services.

The agreement marked the first time the bank's customers would be provided with access to a range of digital driving services, the company said.

At 8:55am: (LON:AA.) AA Plc share price was +0.01p at 85.23p

Related content

Stagecoach moves up a gear and AA continues to invest despite growing debts

“Sterling made a small comeback on Wednesday morning, up 0.4% against the US dollar and gaining 0.3% against the euro, as the Brexit chaos rumbles...

Wed, 03/04/2019 - 10:03

AA profits more than halve as rising costs offset revenue; inks contract with Admiral

AA reported its annual profits more than halved as costs to steady performance in its roadside and Insurance businesses weighed on margins. The company also...

Wed, 03/04/2019 - 07:25

Short-sellers may be on to something in the UK (but they are getting stomped in the US)

Untitled Document

Not everyone approves of the practice of short-selling but supporters will point to the diligent research involved, the risk posed by the...

Fri, 15/02/2019 - 15:40

Plus500 and AA

“The FTSE 100 extends yesterday’s gains and at 7,153 is only 24 points away from hitting the year-to-date high (7,177 on 5 February, based on...

Tue, 12/02/2019 - 09:50

AA motor insurance delivers 'strong' growth; roadside breakdown continues to stutter

AA said Tuesday its motor insurance division delivered 'strong' growth, but its roadside breakdown business continued to stutter.

In insurance, motor policies grew 16%...

Tue, 12/02/2019 - 07:23