Lloyds Banking Group, produced by the merger of Lloyds TSB and the Halifax banking group HBOS, is the biggest ever UK bank. The combined group, with around 145,000 staff and 3,000 branches, will control around a third of UK's mortgages and a quarter of all savings. The government owns 43.4% of Lloyds Banking Group, 36% are owned by Lloyds TSB shareholders and 20% by HBOS shareholders.
I share the same belief. Had predicted foolish a remain victory and had holdings of 60-70k on the banks, got hit 20 percent and sold out. A bit of gains though, but no regrets.
As a result of the vote, I'm cautious of the near future and in particular this next 12 months. A slow down may be triggered once article 50 is invoked. I think either side can agree that the short term future isn't quite rosy although this may change in the future. Could there be poor data spewed out across this… Read More
I had a feeling we would end up leaving so i pre planned and sold most of my investments a week before as i didnt really feel the need to risk it all for if we stayed and at most getting a 5% gain. booked a few days off work to day trade which has been very thrilling. up 12k. happy days
A thoughtful post and an interesting read. There are some large losses taken by some in here. Majes for sober reading
I'm retired and I have a substantial holding here, well, substantial for me..bought at between 60p - 88p. I have a lot of confidence in Lloyds and it just so happens that I am going to do what you are doing but with £3000. I've always wanted to day trade so I'll give it a go but it will be more like very short term rather than daily...maybe a week or so depending of… Read More
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