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Pin to quick picksLloyds Share News (LLOY)

Share Price Information for Lloyds (LLOY)

London Stock Exchange
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Share Price: 55.40
Bid: 55.48
Ask: 55.52
Change: -0.12 (-0.22%)
Spread: 0.04 (0.072%)
Open: 56.20
High: 56.50
Low: 55.40
Prev. Close: 55.52
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Asda expands personal finance business

Tue, 10th Jul 2012 10:59

Asda, the supermarket chain owned by Walmart, has unveiled plans to re-brand and expand its personal finance arm, conveniently taking advantage of widespread disatisfaction with banks following the recent LIBOR scandal and system failure at Natwest. Asda Money will now sell a number of financial products including an unlimited cashback credit card, currency exchange and insurance, although it is not planning to deliver a full banking service like rival Tesco. Kirsty Ward, who heads up Asda Money, said: "Financial products are important, but they shouldn't cost the earth and you shouldn't need to be an expert to buy one."The unlimited cashback credit card gives customers cashback of one per cent on everything they spend in store, online and at the pump, making it tempting to the company's 18m weekly shoppers. Also stepping up the competition in recent times is Marks & Spencer, which last month announced it is set to open 50 branches of its in-store bank over the next 24 months, with the first due to open in firm's flagship store in Marble Arch, London, this month. The company's existing money business, known as M&S Money, was purchased by HSBC in late 2004 and is run an a joint venture; it currently has three million customers with deposits totalling £3.2bn. The bank's profits will be shared between HSBC and M&S equally. NR
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4 May 2023 14:29

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4 May 2023 09:31

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4 May 2023 08:09

Britain's Next keeps profit guidance after quarterly sales edge lower

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3 May 2023 17:24

London stocks gain ahead of Fed rate decision; Lloyds drags

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3 May 2023 16:58

LONDON MARKET CLOSE: FTSE 100 in the green ahead of Fed rate decision

(Alliance News) - Stocks in London were higher at the close on Wednesday as investor waited with bated breath for the US Federal Reserve's next interest rate decision.

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3 May 2023 12:06

LONDON MARKET MIDDAY: Stocks up ahead of US Fed rate decision

(Alliance News) - Blue-chip equities in Europe were higher at midday on Wednesday, before the Federal Reserve takes centre-stage, as a key week for central bank decisions and US labour market data picks up speed.

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3 May 2023 09:11

LONDON MARKET OPEN: Dollar softens ahead of US rate announcement

(Alliance News) - Stock prices in London opened in the green on Wednesday, as investors await what is anticipated to be the final interest rate hike from the US Federal Reserve this tightening cycle.

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3 May 2023 09:10

TOP NEWS: Lloyds backs guidance as first-quarter profit rises 46%

(Alliance News) - Lloyds Banking Group PLC on Wednesday said first quarter profit was up in line with improving income, including interest income, while it backed its annual guidance.

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3 May 2023 08:23

UK's Lloyds beats profit forecasts, signals stresses ahead

LONDON, May 3 (Reuters) - Interest rate rises helped British bank Lloyds beat first quarter profit forecasts on Wednesday, but early signs of stress among some borrowers pointed to tougher times ahead.

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3 May 2023 07:52

LONDON BRIEFING: Lloyds profit jumps 46%; Flutter revenue up 54%

(Alliance News) - Stocks in London were called to open on Wednesday higher ahead of the US interest rate decision announcement, amid mostly positive updates from London's large-cap companies.

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3 May 2023 07:03

Lloyds Q1 46% profit jump beats expectations

(Sharecast News) - Lloyds Bank became the latest UK lender to beat quarterly profits forecasts as earnings surged on the back of higher interest rates, although deposits fell sharply.

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2 May 2023 13:35

Wednesday preview: US Fed decision, Lloyds in focus

(Sharecast News) - All eyes on Thursday would be on the US central bank as it announced its latest policy decision.

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28 Apr 2023 21:08

TRADING UPDATES: Wells Fargo joins LendInvest GBP200 million financing

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28 Apr 2023 18:00

Britain's Lloyds to repay AT1 debt as market recovers from Credit Suisse shock

LONDON, April 28 (Reuters) - Lloyds, Britain's biggest domestic bank, said on Friday it will repay an 'Additional Tier 1' (AT1) bond in June, the latest sign of a market recovery after a Swiss decision to write down such debt as part of the rescue takeover of Credit Suisse.

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28 Apr 2023 16:14

Lloyds to repay shock-absorbing AT1 bond in June

LONDON, April 28 (Reuters) - Britain's biggest domestic bank Lloyds said on Friday it will repay a shock-absorbing 'Additional Tier 1' (AT1) perpetual bond at its first opportunity on June 27.

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