Linklaters, Berwin Leighton Paisner (BLP) and Ashurst are among a host of firms securing appointment to the new Lloyds Banking Group panel, as the bank has moved to cut back its external legal advisers by around 10%.

The trio have been re-appointed to the line-up alongside firms including Eversheds, CMS Cameron McKenna, Stephenson Harwood and Osborne Clarke, with most successful firms learning of their appointments this week.