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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: 54.90
Bid: 54.90
Ask: 54.92
Change: 0.40 (0.73%)
Spread: 0.02 (0.036%)
Open: 54.52
High: 54.98
Low: 54.20
Prev. Close: 54.50
LLOY Live PriceLast checked at -

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London open: Heavyweights drag Footsie lower

Fri, 24th Sep 2010 08:57

Footsie has opened lower with the heavyweight sectors of banks and miners both heading south.Speculation over the power struggle at the top of global banking giant HSBC has dominated early proceedings in London. Reports suggest that current chief executive Mike Geohegan will leave at the end of the year after failing to get the job of executive chairman.Meanwhile, the government-appointed Independent Commission on Banking confirmed it will consider whether the major UK banks should split their retail and investment arms or be forced to divest assets to boost competition. Lloyds, Royal Bank of Scotland and Barclays are all lower.Miners are taking a caning led by Kazakhmys, Antofagasta and Anglo-American on fears over metal prices. Sector news is being largely ignored. Mining giant BHP Billiton has received the green light fordevelopment of the Macedon gas field in the Exmouth Sub-basin, Western Australia. Project costs will be in the region of $1.5bn. BHP's rival, Rio Tinto, meanwhile, is to plough $230m into its operations at the Dampier Port in Western Australia to expand capacity. Dana Petroleum's valiant rearguard action against the takeover bid by the Korea National Oil Corporation (KNOC) has failed. KNOC has declared its £18 a share offer wholly unconditional after almost two-thirds of Dana's shareholders backed the deal. The Koreans went hostile a month ago after Aberdeen-based Dana refused their advances, declaring the company worth far more than the £1.8bn on the table. Also on the bid front, Intec is recommending a bid from American firm CSG worth 72p a share in cash, £237m, that the struggling telco billing systems firm believes has a "sound strategic rationale". Business publisher Euromoney is predicting record full-year profits following a recovery in sales during August and September. Wireless products specialist Filtronic's trading in the first quarter has picked up from the weak final quarter of last year, though conditions remain difficult overall. Sales are running at around £1m per month.
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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.

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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.

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11 Jan 2024 17:03

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

U.S. inflation data sparks selloff

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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.

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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".

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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.

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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.

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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:

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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