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'Rayner trashing the tories!
I do quite fancy her!'
STP
It's a fact that right wing politicians tend to be better looking than left wing. In general people who lean politically to the right are more attractive, happier and wealthier than the left.
Men with higher upper body strength are more likely to be right wing. Women with more feminine faces are more likely to be right wing .
Nowadays to identify as libertarian or right wing also shows a strength of character that is attractive.
888
''May even have been another low 30's doomster.''
DT has found 'doomster' news that he feels is a negativity to economies from wherever he can find it, for a very long time (since his existence), all in the hope of seeing Lloyds and other stocks crash - it appears he has completely wasted that time.
MD, I'm not saying that a short is not doable, it's a question of timing and you have just timed it wrong...
DYOR
Dt been bearish for a long time I believe....May even have been another low 30's doomster.. still it's all about opinions gla
No matter who gets in they are all lying thieving****
Bring back Oliver Cromwell
Dt
''too early to open a short.''
An endless loss possible with opening a 'sell' spread bet.
Simple maths says that with maintained profitability and continued buybacks, the share price over the long term would only go one way.
MD, too early to open a short....
DYOR
@primetime51
Go you:)
LeeRex
ditto with NoHelp and DCB
Flec
''I believe 60p will be achieved this year.''
that would only be equivalent to about 50p in jan 2022 - because of BUYBACKS
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https://www.ft.com/content/4086d32f-142c-411e-8f48-139957fcdde6
The bank set aside £57mn to cover bad loans, much lower than the £243mn in the same period last year, reflecting improvements in the economic outlook for 2024. The group revised its expectations for unemployment and now expects a 1.5 per cent rise in house prices this year.
Lloyds’ operating costs were up 11 per cent, in part due to an “elevated” severance charge of £100mn as the lender embarked on a restructuring plan to increase its focus on digital. The bank said last month it would cut jobs in its risk function, after management found it was a “blocker” to the transformation plan.
In the bank’s previous quarterly results in February, it set aside £450mn to cover the costs of an industry-wide probe of potential car finance mis-selling.
The lender said on Wednesday that it had taken no further charges related to the probe, ahead of an update by the Financial Conduct Authority in September.
Profits at Lloyds Banking Group fell 28 per cent in the first quarter, as a windfall from higher interest rates for the UK high street bank continued to wane.
Lloyds said pre-tax profits fell year on year to £1.6bn from £2.3bn, broadly in line with analysts’ expectations. Quarterly revenues dropped to £4.2bn, just below market expectations of £4.3bn.
Lloyds’ net interest margin (NIM) — the difference between the interest it charges on loans and the rate it pays on customer deposits — fell to 2.95 per cent from 2.98 per cent in the previous quarter.
The bank said it continued to expect an average NIM for its banking operations of 2.9 per cent this year, in line with previous expectations, despite signals there would be fewer central bank rate cuts than previously expected.
Chief financial officer William Chalmers said the bank continued to expect three base rate cuts by the Bank of England, with the first one expected around the middle of the year.
UK high street banks have benefited from rising rates as the Bank of England has attempted to bring down inflation. However, competition in the savings and mortgage markets and expectations of rate cuts have weighed on interest margins. Banks have also come under pressure to pass on higher interest rates to savers, further squeezing margins.
Lloyds’ total lending fell £1.2bn to £448.5bn in the first quarter, with its mortgage balance shrinking by £1.6bn. The group however flagged a rise in mortgage applications in the first quarter.
Its customer deposits were about £470bn at the end of the first quarter, a decrease of £2.2bn compared with the previous three months driven largely by balance reductions from smaller businesses while consumers moved money to savings accounts in a fiercely competitive market.
Reacting to a Bank of England warning about banks’ exposure to private equity, Chalmers said regulators’ concerns were “understandable” given the growth of the non-banking financial sector in recent years.
However, the chief financial officer reiterated the bank’s commitment to financing the sector and said it was “careful in all matters risk”.
“We do believe that private equity has an important role to play in terms of financing British industry,” he said, adding that Lloyds’ role in that was “consistent with our ambition to help Britain prosper”.
The group set aside £49mn to account for future losses in its commercial ba
@ SUF
GOT your 53p + today nice
Gla
Flec
''I believe 60p will be achieved this year.''
that would only be equivalent to about 50p in jan 2022 - because of BUYBACKS
Oh Dear , Got it really wrong today..,still holding...IMHO-DYOR
Fakey
currently at 53.11 to close
DCB
ditto with NoHelp
@ Asp's
Thanks
Sticky is Gazz
Leas
''the shares are in ‘stickier hands’ compared to previous buyback schemes.''
More a case of fewer hands. The number of private individuals holding Lloyds has declined every year since LBG was formed. Also yes ,it may be the case that there are those who are not simply shorter term speculators that can see the benefit of a holding longer term and are prepared to keep them.
The vast majority are in the hands of institutions, who are happy to see their percentage shareholding going up each year, even if not a single further share is purchased.
Boats should be turned round, sent back, then demanding the French pay back our £500 MILLION + Interest.
God help us if Labour get in #10
All these Gaps will be Closed this Year 2024 :)
Today Price Equates to just over 54p with dividend
So Plenty of upward Scope this year
Cheap as Chips.
Love & Light
Chips
80p end of year :)
Someone that has no time to post and busy most days, sure does have a great deal of posts to their name at 27'400 odd
Strange that
Interesting week -
So far, 2x gaps closed this week - now 55.17p calling
19th-22nd April 24 - 51.08p - closed yesterday
10th-11th April 24 - 52.46p - closed today
21st-24th Feb 20 - 55.17p
10th-13th Jan 20 - 60.1p
23rd-24th Jun 16 - 71.1p
27th-28th Oct 15 - 77.1p
Rishi not there to defend his stop the boats, 402 made it yesterday on 7 boats ,5 never made it