Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksLloyds Share News (LLOY)

Share Price Information for Lloyds (LLOY)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 56.20
Bid: 56.26
Ask: 56.30
Change: 0.68 (1.22%)
Spread: 0.04 (0.071%)
Open: 56.00
High: 56.30
Low: 55.68
Prev. Close: 55.52
LLOY Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London midday: Footsie back in the red

Fri, 21st May 2010 11:38

After briefly tip-toeing into the blue, Footsie is now back in the red again as concerns about eurozone debt persist.Germany's parliament is expected to approve the country's share of a €750bn eurozone rescue package on Friday. Both houses of parliament are scheduled to vote on its potential €148bn contribution later in the day.In the UK, British Airways record pre-tax loss of £531m is providing some distraction from Europe's woes. The carrier was hit by strike action, bad winter weather disruption and the impact from the global recession. The pre-tax loss in the year ended 31 March compares with a £401m loss last year. Revenue fell by £1bn to £7,994m (2009: £8,992m).Miners have also picked up with Rio Tinto and Xstrata leading a sector rally. On the downside, Royal Bank of Scotland and Lloyds are unsettled again over their possible exposure to the problems in the eurozone. BP is also weak on reports it has underestimated the extent of the leak in the Gulf of Mexico. Merchant bank Close Brothers remains confident of delivering a solid overall result for the 2010 financial year after a good third quarter performance. The group's Banking and Securities divisions both put in good shifts in the February to April quarter - the group's third quarter - while the outcome at the Asset Management division was more modest.London Stock Exchange called its full-year performance "resilient" despite a 21% drop in full-year profit before one-off items. The profit before acquisition amortization and exceptional costs fell to £242m in the year to 31 March from £304.7m in 2009, reflecting costs from the acquisition of MillenniumIT. Total profit was £114.3m compared with a £250.8m loss last time when the numbers were hit by a £555m one-off charge. Oil and gas firm Soco International said that a rig has been secured for an appraisal drilling on its Te Giac Den discovery. The company has been informed by the Hoang Long joint operating company, operator of Block 16-1 in the Cuu Long Basin offshore Vietnam, that the jack up rig Maersk Convincer has been secured to drill the Te Giac Den 2X appraisal well. Higher borrowing costs knocked United Utilities profits last year despite an increase in the contribution from the core water business. Pre-tax profits in the year to March fell to £474m from £529m, with underlying profits coming in at £500m against £531m, slightly below forecasts.Trading in the shares of online betting group Leisure & Gaming has been suspended while the company seeks to resolve cash flow difficulties. The company said that football results have continued to go against the company's book and this has dented profitability and hit the company's cash position. As a result the company now finds itself constrained by a lack of working capital.Speciality pharmaceuticals company BTG exceeded its financial goals in fiscal 2009/10 as it moved solidly into the black. Profit before tax in the year to end-March 2010 totalled £9.1m, compared to a loss of £11.3m in the preceding year.Fund manager Rensburg Sheppards boosted funds under management to £12.9bn from £10bn in the year to March.
More News
17 Jan 2024 12:00

LONDON MARKET MIDDAY: UK inflation uptick, weak China data hits stocks

(Alliance News) - Stock prices in London were lower at midday Wednesday, as hotter-than-expected UK inflation data served as a setback to early rate cut expectations.

Read more
15 Jan 2024 16:57

LONDON MARKET CLOSE: Sluggish stocks slip back in absence of US spur

(Alliance News) - Stocks in London were marked lower on Monday with the lack of direction from Wall Street, with US markets closed, adding to the subdued mood.

Read more
11 Jan 2024 17:03

M&S shares, Wall Street sell-off drag FTSE lower

U.S. inflation data sparks selloff

*

Read more
11 Jan 2024 11:36

UK finance watchdog probes possible motor finance misconduct

LONDON, Jan 11 (Reuters) - Britain's finance watchdog said on Thursday it would start looking into the motor finance industry, amid rising tensions between thousands of consumers and finance providers about commission arrangements.

Read more
11 Jan 2024 09:26

TOP NEWS: Big Yellow rent hike saves revenue from decreased occupancy

(Alliance News) - Big Yellow Group PLC on Thursday said that revenue and lettable area had increased despite occupancy dropping during the "seasonally weaker third quarter".

Read more
4 Jan 2024 12:56

Royal London tabling bid to buy bulk annuities from Lloyds - report

(Sharecast News) - Life insurance, pensions and investments group Royal London is in discussions to purchase Scottish Widows' bulk annuities arm, according to Sky News.

Read more
2 Jan 2024 22:01

Top-rated US companies raise over $29 billion in new-year bond supply rush

Jan 2 (Reuters) - Top-rated U.S. companies raised over $29 billion in debt on Tuesday, giving the corporate bond market a strong start to the new year, as the companies tapped demand from investors anticipating lower interest rates later this year.

Read more
20 Dec 2023 09:25

LONDON BROKER RATINGS: UBS cuts DS Smith; Kepler likes Genus

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Read more
19 Dec 2023 16:06

UK banks face 'step change' rule to reimburse defrauded customers

LONDON, Dec 19 (Reuters) - Britain's banks and other payment firms must reimburse defrauded customers to a maximum of 415,000 pounds ($529,000) from October next year to help combat scams, the Payment Systems Regulator (PSR) said on Tuesday.

Read more
19 Dec 2023 15:11

UK banks face 'step change' rule to reimburse defrauded customers

LONDON, Dec 19 (Reuters) - Britain's banks must reimburse defrauded customers to a maximum of 415,000 pounds ($529,000) from October next year to help combat scams, the Payment Systems Regulator (PSR) said on Tuesday.

Read more
18 Dec 2023 10:51

Business travel emissions drop as many firms fly less -survey

LONDON, Dec 18 (Reuters) - Almost half of 217 global firms cut their business travel carbon emissions by at least 50% between 2019 and 2022, analysis published on Monday found, as corporate air travel returned at a much slower pace since the pandemic than leisure flights.

Read more
17 Dec 2023 23:01

Business travel emissions drop as many firms fly less -survey

LONDON, Dec 18 (Reuters) - Almost half of 217 global firms cut their business travel carbon emissions by at least 50% between 2019 and 2022, analysis published on Monday found, as corporate air travel returned at a much slower pace since the pandemic than leisure flights.

Read more
14 Dec 2023 12:00

Fnality completes 'world's first' blockchain payments at Bank of England

LONDON, Dec 14 (Reuters) - Fnality, a blockchain-based wholesale payments firm, said on Thursday that shareholders Lloyds Banking Group, Santander and UBS had completed the "world's first" live transactions that digitally represent funds held at a central bank.

Read more
12 Dec 2023 09:10

UK lenders face smaller impact from Basel rules than rivals, BoE says

LONDON, Dec 12 (Reuters) - The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, far less than for their European Union and U.S. peers.

Read more
12 Dec 2023 07:16

BoE says UK lenders to be hit less than EU, U.S. rivals by Basel capital rules

LONDON, Dec 12 (Reuters) - The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, less than for their European Union and U.S. peers.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.