The part state-owned bank made the bookings under the name “One Team” and managers at the Birmingham NEC were sworn to secrecy over who was arranging it, according to reports in the Daily Mirror today.
A year ago, HBOS came in for criticism after it organised a black-tie party for managers and a conference at the ICC in Birmingham after taking the Government bailout.
The party was eventually cancelled due to the outcry though the conference went ahead.
A Lloyds spokesman said: “This is an important annual event that is used to update colleagues within our Community Bank about the company’s future plans. In line with most major organisations, we remain very sensitive to the financial pressures people are facing up and down the country; we continue to keep a close eye on all our costs, including events such as these.”