If you would like to ask our webinar guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them 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: 54.30
Bid: 54.24
Ask: 54.28
Change: 0.36 (0.67%)
Spread: 0.04 (0.074%)
Open: 54.28
High: 54.48
Low: 54.00
Prev. Close: 53.94
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 open: Markets slip as Sainsbury falls, Mothercare plummets

Wed, 08th Jan 2014 08:46

- FTSE 100 pulls back from two-month high- Sainsbury, Mothercare, Majestic fall after updates- Risk events on tap, traders stay cautioustechMARK 2,781.79 -0.27%FTSE 100 6,735.41 -0.30%FTSE 250 16,033.22 -0.22%UK stocks pulled back on Wednesday morning ahead of a number of key 'risk events' over the next few days that could spark market volatility.Updates from British retail groups Sainsbury, Mothercare and Majestic Wine managed to disappoint investors this morning.The FTSE 100, which hit a two-month high on Tuesday, was trading 0.3% lower at around 6,735 this morning. Investors cautious ahead of risk eventsIt looks set to be a busy day as far as economic data is concerned, with Eurozone retail sales and Eurozone employment data due out this morning, followed by the ADP employment report in the States this afternoon. The minutes of December's Federal Reserve policy meeting will also be released after the close, which will shed more light on the central bank's decision to begin scaling back stimulus last month.Looking ahead to tomorrow, policy meetings at the Bank of England and European Central Bank will take place, with the latter likely to be closely watched after the surprise dip in Eurozone inflation revealed yesterday.Meanwhile, the focus of Friday's session will undoubtedly be the US official non-farm payrolls figures, which could determine whether the Fed continues to taper quantitative easing at its next meeting.Retailers in focus: Sainsbury, Mothercare, MajesticAfter an initial rise, Sainsbury sank after reporting flat like-for-like (LFL) sales in the third quarter as customers held back on spending ahead of the Christmas period. While the company recorded its "best Christmas ever", a challenging conditions in October and November held back growth.Rival supermarket Tesco, which is due to update the market tomorrow on its performance over the festive season, was also trading in the red this morning along with Morrison.The share price of Mothercare plummeted by as much as a third this morning after the baby products retailer said that full-year profit would come in below market forecasts as it battled against Christmas price discounting and weak trading conditions.Wine retailer Majestic was also lower despite saying that UK store sales for the 10 weeks to January 6th were up 5.9% year-on-year as it opened its 200th store during the period.Burberry was in the red ahead of its third-quarter update next week. Nomura trimmed its forecasts for the high-end luxury brand today, saying that currency headwinds are likely to weigh on second-half results.Banking stocks were performing well this morning, extending gains made yesterday when data showed that funding conditions had improved in the fourth quarter of 2013. Barclays, Lloyds and RBS were making gains early on.British Land was trading in the red after going ex-dividend, along with Dairy Crest and WH Smith.FTSE 100 - RisersRSA Insurance Group (RSA) 100.30p +2.61%International Consolidated Airlines Group SA (CDI) (IAG) 435.50p +1.70%Royal Bank of Scotland Group (RBS) 354.90p +1.28%Glencore Xstrata (GLEN) 312.35p +1.13%Barclays (BARC) 284.05p +1.10%Fresnillo (FRES) 711.50p +0.85%ARM Holdings (ARM) 1,064.00p +0.85%Smith & Nephew (SN.) 870.50p +0.64%easyJet (EZJ) 1,615.00p +0.62%Lloyds Banking Group (LLOY) 83.01p +0.61%FTSE 100 - FallersTate & Lyle (TATE) 770.00p -3.81%British American Tobacco (BATS) 3,094.50p -2.86%Imperial Tobacco Group (IMT) 2,268.00p -1.99%Sainsbury (J) (SBRY) 363.10p -1.57%Unilever (ULVR) 2,412.00p -1.27%Centrica (CNA) 333.10p -1.27%National Grid (NG.) 774.00p -1.15%Severn Trent (SVT) 1,648.00p -1.14%Morrison (Wm) Supermarkets (MRW) 250.90p -1.06%British Land Co (BLND) 620.00p -0.96%FTSE 250 - RisersAveva Group (AVV) 2,195.00p +3.34%Perform Group (PER) 229.00p +2.92%Moneysupermarket.com Group (MONY) 192.90p +2.39%African Barrick Gold (ABG) 202.20p +2.02%Pace (PIC) 339.40p +2.01%Essar Energy (ESSR) 72.50p +1.54%Kier Group (KIE) 1,883.00p +1.35%Marston's (MARS) 147.10p +1.31%Interserve (IRV) 656.50p +1.31%Synthomer (SYNT) 265.10p +1.30%FTSE 250 - FallersInternational Personal Finance (IPF) 497.60p -2.43%esure Group (ESUR) 254.00p -2.08%Rightmove (RMV) 2,750.00p -1.86%Debenhams (DEB) 75.45p -1.82%De La Rue (DLAR) 868.00p -1.64%Berkeley Group Holdings (The) (BKG) 2,637.00p -1.53%Henderson Group (HGG) 229.00p -1.46%Murray International Trust (MYI) 1,019.00p -1.45%JD Sports Fashion (JD.) 1,503.19p -1.43%Imagination Technologies Group (IMG) 172.50p -1.43%BC
More News
12 Jul 2023 11:04

Bank of England stress test finds top 8 UK banks have enough capital

LONDON, July 12 (Reuters) - Britain's eight largest lenders have enough capital to ride out a worse economic crisis than that seen in 2008, the Bank of England (BoE) said on Wednesday, as the sector faces sharply rising interest rates pummelling consumers and businesses.

Read more
12 Jul 2023 08:45

LONDON MARKET OPEN: FTSE 100 higher as UK banks pass BoE stress tests

(Alliance News) - European markets were trading higher on Wednesday, in a sign of cautious optimism ahead of US inflation data.

Read more
12 Jul 2023 08:39

TOP NEWS: Major UK banks "resilient" in BofE's annual stress test

(Alliance News) - The Bank of England on Wednesday said the major UK banks were "resilient to a severe stress scenario", in its latest cyclical stress test results, with all eight surveyed lenders passing.

Read more
12 Jul 2023 08:26

UK bank shares rise after BoE stress test

MILAN, July 12 (Reuters) - A gauge of British banking stocks surged on Wednesday after the Bank of England said its annual stress test of eight major lenders showed each could cope with rising interest rates in a stressed environment.

Read more
12 Jul 2023 07:21

UK bank pass annual stress tests, says BoE

(Sharecast News) - Eight major UK banks have passed annual capital stress tests and were well positioned to support households and businesses through a period of rising interest rates, the Bank of England said on Wednesday.

Read more
12 Jul 2023 07:15

Stress test shows top 8 UK banks have enough capital, says Bank of England

LONDON, July 12 (Reuters) - The Bank of England said on Wednesday its annual stress test of eight major lenders showed that each could cope with rising interest rates in a stressed environment, and none would need to submit a revised capital plan.

Read more
7 Jul 2023 11:13

British lender OSB shares slide on mortgage hit warning

LONDON, July 7 (Reuters) - British financial services group OSB's shares fell by more than 20% on Friday after it said it would take a net income hit of up to 180 million pounds ($229 million) as mortgage customers switched from higher rate products.

Read more
6 Jul 2023 19:14

Banks recognise savers need help accessing best rates - UK regulator

(Alliance News) - The City regulator said it had held a "constructive" meeting after summoning UK banks to discuss concerns surrounding interest rates for savers lagging behind the cost of mortgages.

Read more
6 Jul 2023 18:45

UK banks must accelerate rate rises for savers, says watchdog

LONDON, July 6 (Reuters) - British regulator the Financial Conduct Authority (FCA) said on Thursday that banks need to accelerate rate rises for savers, but said it was not up to the watchdog to dictate pricing.

Read more
6 Jul 2023 16:41

Banks must provide value to savers, says UK watchdog

LONDON, July 6 (Reuters) - Britain's Financial Conduct Authority said on Thursday that banks need to ensure they are providing value to savers, but said it was not up to the regulator to dictate pricing.

Read more
6 Jul 2023 07:43

LONDON BRIEFING: FTSE 100 to fall as more US rate hikes expected

(Alliance News) - Stocks are called lower in London on Thursday, after hawkish minutes from the US Federal Reserve once again gave rise to interest rate fears.

Read more
6 Jul 2023 06:19

UK FCA to discuss savings rates concerns with bank chiefs

(Alliance News) - Bank chiefs are meeting Financial Conduct Authority officials on Thursday to discuss concerns surrounding interest rates for savers lagging behind the cost of mortgages.

Read more
4 Jul 2023 07:53

LONDON BRIEFING: Sainsbury's sales up; Eurowag buys more of JITpay

(Alliance News) - Stocks in London are to open a touch lower on Tuesday, with little in the way of catalysts for global markets, given a lack of major data and a holiday in the US.

Read more
4 Jul 2023 07:24

FCA summons bank chiefs over low savings rate concerns

(Sharecast News) - The Financial Conduct Authority (FCA) has called on the chief executives of major banks to address concerns over the low savings rates being offered to customers, it emerged on Tuesday.

Read more
3 Jul 2023 17:15

UK banks asked by lawmakers if they're 'exploiting' savers with low rates

LONDON, July 3 (Reuters) - British banks faced fresh criticism on Monday for the savings rates they offer to cash-strapped customers, in the latest intervention by parliament's influential Treasury Select Committee.

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.