Britain's Lloyds Banking Group on Wednesday posted a near 65-percent slump in 2020 net profit on the back of the economic fallout from the coronavirus pandemic. Profit after tax nosedived to £865 million ($1.2 billion, 1.0 billion euros) last year, from £2.46 billion in 2019, LBG said, hit by a £4.2 billion impairment charge on the deteriorating economic outlook. rfj/bmm