- Lloyds falls despite H1 profit beat - Shell, BG, BT and Diageo rise after results - Weir and Rolls-Royce disappoint - US data and Fed in focus techMARK 2,771.22 -0.29% FTSE 100 6,777.11 +0.05% FTSE 250 15,521.52 -0.69% Another wave of corporate earnings was keeping investors busy on Thursday mor
Read moreLloyds 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
Read more* 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 (
Read more(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
Read moreLONDON, 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
Read moreLONDON, 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
Read moreLONDON, 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
Read moreLloyds 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
Read more- 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
Read moreLloyds 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
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