U.K. economy growth set to be fastest since 2007: The U.K. economy is on course this year for its fastest expansion since 2007 as Britain outstrips other developed nations in bouncing back from recession.
IMHO the recovery of SP this week and the last week is due to complex combination of factors like , improved Geo political climate, global markets recovery, and most importantly for LLOY the HMG announcement that the sale to the public ( also called Sid sale) is off the agenda at least for some time.Market likes a sense of certainty. GL
Last few days LLOY seems to be lifting it's head after suffering blows after blows from all directions.There is no reason why the SP should not stay steady at least at this level for a while. What would be traumatic is the HMG finger on the SELL button and an overnight sale to IIs, worse even, would be a substantial discount over the market price. Hope the HMG will be kinder on us small private investors this time round.NO HMG sale till after Xmas please ! GLA
Til HMG has gone this SP will hesitate, but for us Long Termers it's nice to see the light of the inevitable. Despite all the (justified) **** thrown at this Bank it's still hugely favourable with its customers and the KPIs are all going in the right direction. I still believe this a Buy at anything below a £1. DYOR .
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