Lloyds shares are never absent from the blue chip spotlight, however the collective market magnifying glass has intensified this week on the release of the latest UK inflation data, which revealed the economy had hit the dreaded double-digits at 10.1% nationwide inflation. Interest rates are currently at 1.75% and set to rise further, if the […]

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The FTSE 100 gained 0.5% to 7,343.8 in early afternoon trading on Wednesday as upbeat earning from the US and Europe helped improve sentiment. “The FTSE 100 was higher on Wednesday morning, buoyed by some positive corporate results and news from the US overnight as Microsoft and Alphabet reported numbers which were not as bad […]

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Lloyds has remained a darling of UK investors despite the crushing cost of living crisis and ongoing recession alarm bells. With market commentators increasingly suggesting there may be a recession on the horizon, how much could Lloyds shares be capped in the short-term by a period of economic contraction in the UK? The Lloyds share […]

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The FTSE 100 was up 1.2% to 7,276 in midday trading ahead of the US Federal Reserve’s interest rates decision today, with the market expecting a 0.75% hike in light of the latest US inflation data after CPI hit a 40-year record high of 8.6% in May. “Investors seem to have anticipated the US Federal […]

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The Lloyds share price is down 8% year-to-date, so how does a discerning investor choose whether to go in on the banking mainstay for their portfolio? Lloyds’ shares are currently trading at a PE ratio of 5.9, which is could be perceived to offer value compared to its fellow banks, with HSBC at 9.5 and […]

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The Bank of England (BoE) raised its interest rates to 1% on Thursday. What does the future hold for Lloyds share price as interest rates increase? Lloyds is the largest mortgage lender in the United Kingdom and Lloyds share price has been erratic since the Bank of England decided to raise interest rates to combat […]

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Lloyds shares were up 2% to 46.8p in early morning trading on Wednesday, following a positive Q1 update from the company with a 12% increase in net income to $4.1 billion compared to £3.6 billion in Q1 2021. The firm reported a £1.2 billion statutory profit and against £1.4 billion in Q1 2021 on higher […]

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Lloyds diversifying away from traditional sources of income Lloyds is seeking to become on of the largest landlords in the UK as the major bank will buy 50,000 homes in the next ten years, it has been reported. In an effort to diversify away from traditional lending as a source of income, which is not […]

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Lloyds resumes dividend as profits bounce back Lloyds (LON:LLOY) confirmed on Thursday that it swung to a H1 profit, as well as announcing an interim dividend. The news comes as the FTSE 100 bank is being supported by a surge in home buying and an improving economic outlook in the UK. Lloyds’ update closely follows […]

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Lloyds Share Price Despite a fall today, the Lloyds share price (LON:LLOY) has broadly continued its momentum from the beginning of 2021 in recent weeks, now standing at 45p per share. The FTSE 100 company has added 23.6% since the turn of the year, as the UK economy continues its seemingly stable path out of […]

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António Horta-Osório set to leave as chief executive of Lloyds Lloyds (LON:LLOY) saw its profits soar during Q1 as a more positive outlook allowed the bank to reverse some of provisions it had made for loan losses following the spread of coronavirus. The FTSE 100 bank followed in the footsteps of HSBC earlier in the […]

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Lloyds Share Price The Lloyds share price (LON:LLOY) has risen sharply since the turn of the year as pent-up demand and the vaccine roll-out is creating a positive mood around the UK economy. Having begun 2021 at under 35p, Lloyds shares are now valued at 43.56p per share, an increase of nearly 20%. With the […]

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Lloyds share price (LON:LLOY) took a hit during 2020, but despite making a recovery, investors could be tempted to look elsewhere in the coming months. Lloyds Earnings The bank announced in February that its pre-tax profit fell by over 72% to £1.2bn, while loan losses totalled £4.2bn during 2020. Lloyds’ profit could be further impacted […]

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Lloyds share price (LON:LLOY) has been relatively stable so far this year after a tumultuous 2020. Despite facing huge pressure throughout the pandemic, Lloyds and other UK banks posted robust results in February given the circumstances. Investors are now looking to the FTSE 100’s staple institutions to explore their relative value as share prices continue […]

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Lloyds seeking to double profitability in 2021 Lloyds (LON:LLOY) has announced its pre-tax profit dropped by 72% over 2020.   The banking giant’s profit before tax fell to £1.2bn from £4.4bn the year before. However, Lloyds’ Q4 performance was better than expected, with the bank reporting a £792m pre-tax profit for this period. This figure surpassed […]

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As Lloyds (LON:LLOY) prepares to report its financial results on 24 February 2021, there is continued speculation on what the outlook is for the bank over the coming year. Investors will be playing close attention to announcements around dividend payouts and the effects of the coronavirus pandemic on the bank. Lloyds share price Lloyds shares […]

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Shock, the third Monday in a row where vaccine news push value stocks higher. Though underwhelming, the AstraZeneca (LON:AZN) vaccine trial results shoved long-suffering air travel, financial and commodities stocks higher, once again. Across the FTSE 100, air travel stocks led the way, with Rolls Royce soaring 7.60%, while IAG bounced around 5.50%. Meanwhile, mining […]

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Having cheered on the news of Pfizer’s (NSYE:PFE) vaccine candidate demonstrating 90% efficacy, global equities heavily priced in COVID challenges being overcome, and favoured pandemic casualties during trading on Tuesday. Leading the charge and at one point up by almost 18%, Lloyds finished up by 6.63%, up to 32.82p a share. Following close behind were […]

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Mortgage approvals have hit a 13-year high according to new figures from the Bank of England. In September, banks approved 91,500 mortgages – the highest figure since September 2007. Demand has been fuelled by the demand for more space since lockdown as well as the stamp duty holiday. “The number of mortgage approvals for house […]

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Lloyds (LON: LLOY) has reported a pre-tax profit of £1bn, beating expectations for the third quarter. After posting a loss in the first half of the year, the lender has returned to profitability after a surge in demand for home loans. This quarter has seen the biggest growth in demand for home loans since 2008, […]

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Having bounced back from a five-month low on Thursday, the FTSE decided it would spend Friday in full rebound mode, thanks to banking stocks. Enjoying a financial sector surge, the FTSE 100 gleefully watched Lloyds, HSBC, and Standard Chartered all rally more than 4% apiece. The real winner, though, was Barclays (LON:BARC), having booked a […]

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With March to May being a turbulent period for shareholders, June appeared to be the month where some semblance of usual service resumed. Though, while most companies began finding their feet again, most of their share prices were significantly below where they were at the start of the year, with a return to previous levels […]

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Awaiting an eventful Friday, Thursday was almost an entirely stagnant session across global equities, with FTSE retaining its place at the top of the pile. The Dow Jones sat shy of its all-time high mark and both the CAC and DAX didn’t move far off of their respective opening positions. For the third day in […]

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Lloyds Banking Group PLC (LON:LLOY) have given the market an update on their annual trading for 2019 on Thursday morning. The British Bank reported a fall in profit across 2019 trading, which the firm said was due to a rise in PPI payments. Lloyds remained confident with its general underlying performance, as shares have stayed […]

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Royal Bank of Scotland Group (LON:RBS) saw its share price drop during Friday trading, despite the good progress booked in its full-year fundamentals. The new RBS Chief Executive Alison Rose also said the company would change its name to ‘NatWest’, in an effort to move away from its wrongdoings before and during the 2008 financial […]

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Lloyd’s Banking Group PLC (LON:LLOY) have seen an interesting few weeks, as the shares faced a setback since the December election, where shares initially rallied. Shares in Lloyds Bank trade at 57p (-0.44%). 13/2/20 12:26BST. The share price of Lloyds has hovered around the late 50p and early 60p ball park over the last few […]

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Nationwide Building Society (LON:NBS) has been ordered to pay back £900,000 to its customers after failing to notify them of charges on unarranged overdrafts. The company said that it sent text alerts, however the message somehow didn’t contain the necessary information to warn customers that they would be charged. According to the Competition and Markets […]

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We promise the Halloween puns are coming to an end. A topsy-turvy day for Chinese and US relations – and PMIs – was enough to give European indices the jitters. Meanwhile, the FTSE was held down by a strong Sterling and uninspiring developments in the banking sector. Commenting on the day’s movements up to the […]

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Doing little more than soothing uneasiness, last night’s Fed rate cuts was less of a tidal wave and more of a tide-over. J. Powell has already opposed what he views as overly exuberant accommodation, but the latest cut did enough to satisfy indices on Thursday. Phase one of tariff tension resolution will soon be underway, […]

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REIT Real Estate Investors plc (LON: RLE) announced that it had changed its variable interest rate facility to a fixed rate loan facility. The loan sum amounts to £10.0 million and will be fixed at an annual interest rate of 3.129% per annum until 30 November 2023. Following completion of the new facility, the Company […]

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Lloyds continues to reign at the top spot for UK banks in 2019, and proves that it deserves its position as one of the most popularly held stocks, despite its slow start to the year to-date. Lloyds Banking Group PLC (LON: LLOY) rallied modestly during trading on Friday, even amid uncertain conditions. The Company’s shares […]

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After an update to their online banking app, customers of the UK’s largest current account provider, will be able to use Open Banking as part of the Lloyds Banking Group Plc (LON:LLOY) service. After being introduced by Bank of Scotland in December 2018, open banking functionality has been rolled out across six banks, with customers […]

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Banking group Lloyds (LON:LLOY) announced that they will be carrying out a drastic restructuring plan, which is centred around transferring a bulk of its operations to online and digital banking. Since the announcement, critics have called into question how realistic the retraining of staff will be, with over 6,000 earmarked for redundancy. The announcement stated […]

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Thousands of customers have been charged twice for transactions on Cardnet card terminals on Wednesday the 29th of August, despite appearing to have only been charged once on receipts. Around 5% of all card payments made on that day were affected by the glitch, but Lloyds have said that all parties concerned have since been […]

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In a week that is typically quite quiet in the markets as attentions turn to the festive period Lloyds (LON:LLOY) has announced it’s first acquisition since the 2008 financial crisis buying MBNA from Bank of America for £1.9bn. MBNA holds assets of £7bn would increase revenues by £650m a year Lloyds has confirmed, with profits […]

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