Lloyds TSB Group plc was renamed Lloyds Banking Group plc on 19 January 2009, following the acquisition of HBOS plc. This makes us the largest retail bank in the UK with strong positions in a number of sectors. One in three people bank with us. Our goal is to be the best financial services provider in the UK. We believe this means we must build a leadership position not on the basis of scale but on the foundations of reputation and recommendation. While the short term outlook for all financial services companies in the UK and around the globe is challenging, we believe that the acquisition of HBOS will be a success and presents us with many opportunities. The creation of Lloyds Banking Group comes with a big responsibility. Serving over thirty million people means we have a clear role to play in society; through helping our customers everyday.