Lloyds in 'reverse-Robin Hood' rate cut

This is their second(?) cut in as many years just about.

I’ve gone off the idea of internet paying current accounts. I know people chase these and ‘offers’ but it just seems like a waste of time rather than just using a bank that offers banking features you need.

seems to me like they’re trying to encourage people to hold more money with them…

In their current accounts.

Makes sense for a bank - they’ve just had to cut their revenue earners for big spenders in the Lloyds Avios cards.