RE: Reality Question2 Oct 2018 18:27
It depends if Brexit is delivered properly or not. If it is, and a reduction of immigration is seen, which is clearly what the majority of Leave voters wanted... then there will be less demand for houses.
Less demand for houses means less money lent for houses due to lower house prices. So it maybe that Lloyds doesn't grow much for a bit, same with any other UK bank.
If the politicians ignore the democratic result, it may seem obvious that this would be good for UK banks such as Lloyds, but the political ramifications and potential unrest could be even bigger.
So it's uncertainty street for now, and the share price reflects this.