Lloyds Share News (LLOY)

Lloyds' underlying profits ahead of forecasts

Lloyds saw underlying profits improve by 32% to £3.82bn in the first half of the year. The analyst consensus was for an underlying profit of £3.6bn. The above was achieved despite a 2.2% fall in total underlying income to £9.25bn. Impairments for souring loans decreased 58% to £758m. Excluding t

UPDATE 2-Lloyds says case for re-starting dividends strengthened

* Lloyds H1 profits jump 32 pct to 3.8 bln stg * Bad debts drop 58 pct, margins rise * PPI bill tops 10 bln pounds after extra 600 mln hit * Spin-off bank TSB profits drop as costs rise (Adds FD, analyst comments) By Matt Scuffham and Steve Slater LONDON, July 31 (

UK MORNING BRIEFING: Afren, Balfour Beatty And Carillion Hit FTSE 250

CORRECTED-UK bank TSB debut profits fall as costs jump

(Corrects in first and second paragraphs to show comparison was with previous six months) LONDON, July 31 (Reuters) - New British bank TSB said its underlying profit in the first six months of the year fell 17 percent from the second half of 2013 after it incurred far higher costs after sp

Lloyds Reports Reports 32% Rise In Interim Underlying Profit

Lloyds Bank says case to re-start dividends strengthened

LONDON, July 31 (Reuters) - Lloyds Banking Group said its first half performance had strengthened the chances of the bank being allowed to pay its first dividend since being rescued by the government during the 2008 financial crisis. Lloyds said it will apply to Britain's financial regulat

UPDATE 1-Lloyds will ask to re-start 'modest' dividend payments

(Adds details) LONDON, July 31 (Reuters) - Lloyds Banking Group said it will ask to restart dividend payments at a "modest" level after reporting a one-third jump in underlying profit despite another jump in the cost of compensating customers mis-sold loan insurance. The bank, which

MARKET COMMENT: UK Stocks To Open Higher With Earnings In Focus

RPT-UK bank TSB debut profits fall as costs jump

(Repeats with new USN) LONDON, July 31 (Reuters) - New British bank TSB said its underlying profit in the first six months of the year fell 17 percent from a year ago after it incurred far higher costs after spinning out and listing on its own last month. TSB, Britain's 7th biggest l

Lloyds Bank shrugs off Libor fines with profit increase

LONDON, July 31 (Reuters) - Lloyds Banking Group reported a 32 percent increase in underlying first-half profit, helping it absorb an increase in the cost of compensating customers mis-sold loan insurance. The bank, which is 25 percent-owned by the government having been rescued during the

UK bank TSB debut profits fall as costs jump

LONDON, July 31 (Reuters) - New British bank TSB said its underlying profit in the first six months of the year fell 17 percent from a year ago after it incurred far higher costs after spinning out and listing on its own last month. TSB, Britain's 7th biggest lender after being spun out fr

UK Earnings, Trading Statements Calendar - Week Ahead

Lloyds reportedly facing probe on rate rigging

Lloyds Banking Group is reportedly facing a probe by UK regulators into the manipulation of benchmark rates. The Serious Fraud Office (SFO) is examining information it had been given by the UK Financial Conduct Authority (FCA) some months ago that might prompt a criminal investigation into former a

London close: FTSE in red as energy stocks weakened by sanctions

- FTSE closes down 34.31 at 6,773.44 - Energy stocks hit by Russian sanctions - Eurozone confidence beats expectations - US GDP growth 4% techMARK 2,779.29 -0.11% FTSE 100 6,773.44 -0.50% FTSE 250 15,629.84 -0.36% London's blue chips ended Wednesday's session firmly in the red, with the sharpest

Thursday preview: Lloyds may unveil £500m PPI hit in H1 results

Lloyds Banking Group releases its half-year results on Thursday following its separation from TSB Banking Group. The lender is expected to take another £500m hit for payment protection insurance (PPI) mis-selling, taking the total it has set aside for the scandal to more than £10bn. On Monday the