The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Governor Andrew Bailey must be a Lloyds share holder as his looking for a November or December rate rise this is great news for Lloyds banking, bring on the rally
spread betters had London’s blue-chip index up by around 32 points
its within news on barc and nwg in LSE
Lti
Thanks
Re Citigroup 77p rating, Google "Broker Ratings Morning Star" and that days will show each morning C 10am
FTSE is recovering from the mornings losses, and Lloyds is losing this mornings gains? Funny old game!
Yes please Grimm?!
Grimmo
Can you post a link to the article from Morning Star which shows this.
Grimmo
Covid in some cases doubled holders money and halved it . Jumping in the divs helps .
I see (from Morning Star) Citigroup raises Lloyds price target to 77 (from 64) BUY.
60 % increase on current SP - more than other banks although Natwest's 342 rerating pretty good too.
Barclays rerated to 215, HSBC 500, SC 5200.
I'm staying with Lloyds & Natwest.
I'm looking at gsk
Don't see anything else , but !
The Banks not sure , got to av a funk and wait for China Taiwan, the yanks , sit and wait . There's always some ch!t going on in the world.
The UK is still on track to have the fastest growth in the G7 this year - but is exposed to the risk of spiralling inflation.
The IMF now expects Britain to grow by 6.8 per cent in 2021, trimmed slightly from the 7 per cent it predicted in July.
https://www.google.com/amp/s/www.dailymail.co.uk/news/article-10083693/amp/IMF-says-UK-set-highest-growth-G7-warns-inflation.html
Go easy with the coffee
If that's directed at moi
Agree you got a point .
Go easy with the Coffee !
Azzurri
68p end of year
Bubble
I'm out of NWG and Barclays few Lloyds, going to do some drugs .
Plus my cleaner has agreed me doubling her pay so long as i leave the heating on .
Good luck my friend hope you got some !!:):),
How they arrive at this figure of .8% below pre pandemic when Aug GDP rose by .4% seems a mystery to me,after they reported on the 10th Sept that "Gross domestic product (GDP) is estimated to have grown by 0.1% in July 2021, and remains 2.1% below its pre-coronavirus (COVID-19) pandemic level (February 2020)" and the BOE reported on the 23rd Sept that "Bank staff have revised down their expectations for the level of UK GDP in 2021 Q3 by around 1% since the August Report, leaving the expected level of Q3 GDP around 2½% below its pre-Covid".
Is it Falky fantasy economics.
Jefferies analysts called the update "reassuring" as Barratt said total forward sales as at Oct. 10, 2021, totalled 15,393 homes. That came above 15,135 as at Oct. 11, 2020, and 12,963 homes as at Oct. 13, 2019.
Britain's housing market turned red hot after the COVID-19 pandemic last year, aided by strong demand for larger homes amid a shift to remote working and a temporary tax break for buyers.
Home prices rose by the most in almost 15 years in September, mortgage lender Halifax said last week.
https://www.reuters.com/world/uk/uks-barratt-forward-sales-rise-above-pre-pandemic-levels-2021-10-13/
Barclays and HSBC Predict Weakness Ahead
Two of the UK's most recognisable high street banks have come out and said they are not expecting the British Pound to appreciate in value from current levels against the Euro and Dollar.
Analysis from Barclays reveals the building of downside risks for the British Pound, which include the return of Brexit tensions and a policy mistake from the Bank of England in the form of raising interest rates too early.
Foreign exchange analysts at HSBC meanwhile say they are sticking to their view that the Pound is in fact not cheap at current levels and valuation will act as a gravity that constrains any attempts to move notably higher.
Pound Sterling Live reports these findings as GBP/EUR strength experiences yet another failure at the 1.18 level and GBP/USD slips back below 1.36, risking a deeper pullback over the coming days.
Barratt remains on track
UK residential property developer Barratt Developments is on track to deliver its targets for the medium term as well as for FY2022, after registering a steady customer demand between 1 July and 10 October.
“The positive start to the new financial year has continued in recent weeks with private reservations remaining strong,” said Barratt’s chief executive David Thomas.
https://www.cityam.com/barratt-remains-track-steady-customer-reservations/
I used to be a werewolf !
But am alright Nowwooohhh
The fact that the SP felt it necessary to dip below yesterdays close this morning suggests maybe more rise to come?
The UK economy is showing signs of stalling, growing by less than expected in August and contracting rather than rising in July.
The latest figures from the Office for National Statistics show GDP grew by 0.4% in August compared to a forecast rise of 0.5%, meaning it is 0.8% below its pre-pandemic level.
Brixton ,the Wolf has been let loose good luck , Lloyds continue to rise today I think gl.