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No wonder the share price is going nowhere

The bank currently operates compressed working arrangements for staff. The compressed hours scheme at present supports staff with caring responsibilities by enabling them to work flexibly.

However, in April Lloyds Banking Group introduced a pilot scheme in some business areas involving 4,000 workers which prevents staff working these agreed flexible work patterns.

https://www.unitetheunion.org/news-events/news/2023/may/protest-at-lloyds-agm-over-management-attack-on-vulnerable-staff/

Mitchells & Butlers PLC (LSE:MAB) shares rose more than 5% in early trading on Thursday after analysts at Jefferies Group (NYSE:JEF) upgraded it to a ‘buy’.

The hospitality industry may finally be making headways after being weighed down by covid and the cost-of-living crisis over the last few years, as the US bank offered a bullish statement about the firm.

It comes after the group saw revenues jump more than 10% annually to reach £1.2bln in the first half of 2023.

The Miller & Carter owner’s robust sales momentum and the potential for cost pressures, which have soared in recent times, to subside is enough for analysts at Jefferies to increase its price target by 59% to 270p from 170p

Https://www.lse.co.uk/news/uks-lloyds-faces-resistance-over-attack-on-flexible-working-s7y8r8lnzz8ou3f.html

As a result of the investment Geely could end up opening flagship stores for Aston Martin in cities like Beijing and Shanghai

The latest Banking turmoil has put the brakes on investors buying in and left the Lloyds uninvestable, The market hasn't repriced the European banks in a meaningful way year to date investors haven't made any money

The latest Banking turmoil has put the brakes on investors buying in and left the Lloyds uninvestable, The market hasn't repriced the European banks in a meaningful way year to date investors haven't made any money

‘Geely Holding, who initially became a shareholder last year, sees tremendous potential for Aston Martin’s long-term growth and success.

https://cardealermagazine.co.uk/publish/geely-increases-stake-in-aston-martin-to-17-per-cent/284397

Deutsche Bank agreed to pay $75 million to victims of sex predator Jeffrey Epstein to settle a federal lawsuit accusing the bank of enabling and benefitting from Epstein's sex trafficking of young women.

https://www.google.com/amp/s/www.cnbc.com/amp/2023/05/18/jeffrey-epstein-lawsuit-deutsche-bank-will-pay-75-million-to-victims.html

Stroll, executive chairman of the Aston Martin Lagonda board, said: ‘This announcement is a further significant step towards delivering our ambition for Aston Martin.

The FTSE 100 is expected to make headway on Thursday after US markets rallied on optimism that the US will avoid a government default after policymakers appeared to edge closer towards a deal in Washington.

Spread betting companies are calling London’s lead index up by around 40 points

Tom Brady helps legendary Aston Martin brand to be relevant with a $10 million deal

https://www.google.com/amp/s/amp.marca.com/en/f1/2023/05/17/646502d1e2704e3f1d8b4635.html

Bailey said if further inflation shocks emerge, “then further tightening in monetary policy would be required”.

The Bank’s base case scenario assumes interest rates will need to rise to the market’s expected peak of 4.75 per cent for inflation to eventually dip below the two per cent.

The Governor, alongside six other members of the nine-strong monetary policy committee (MPC), last week backed a twelfth straight interest rise, voting for a 25 basis points increase to 4.5 per cent, taking them to their highest level since October 2008.

https://www.cityam.com/bank-of-england-governor-andrew-bailey-warns-of-uncertainty-over-inflation-drop/

Governor Andrew Bailey has warned that the Bank of England will continue to increase interest rates if they are signs that inflation is remaining persistent.

Bailey said he was “unwavering” in his commitment to the UK’s 2% inflation target, as he warned that higher food prices and a tight labour market could cause the cost of living crunch to persist.

“The MPC (Monetary Policy Committee) is continuing to address the risk of more persistent strength in domestic price and wage setting, as represented by the upward skew in the projected distribution for CPI inflation, and the committee will continue to monitor closely the indicators of persistence in inflationary pressures,” he told bosses at the British Chamber of Commerce (BCC) conference.

https://uk.finance.yahoo.com/news/bank-of-england-ready-to-raise-interest-rates-again-warns-andrew-bailey-111616246.html

The FTSE 100 is expected to open lower after US stocks fell as talks over the US debt ceiling failed to make a break through.

Spread betting companies are calling London’s lead index down by around 30 points

British Airways and Virgin Atlantic look set to cash in as departures from the UK to the US are set to return to pre-pandemic levels this month, new data shows.

Departures from the UK to the US are set to hit 99 per cent of 2019 levels this month, according to new data from the aviation analytics firm Cirium.

https://www.cityam.com/ba-and-virgin-atlantic-set-to-cash-in-as-uk-us-travel-returns-to-pre-pandemic-levels/

Marston’s recorded a near 11 per cent rise in sales in the first half on the back of its strong drinks sales, a trend that has continued over the past few weeks.

Marston’s said the continued strength of drink sales demonstrated the resilience of its community pub estate in spite of the economic environment. In addition to strong drink sales, it said the gap between drinks and food sales was narrowing.

https://www.cityam.com/marstons-pubs-no-change-in-brits-appetite-for-a-night-out/

Public sector pay is at its highest levels since 2003 but UK workers continue to be hit by falling real wages, with earnings lagging behind rising prices.

Average earnings in the public sector grew by 5.6% in the first three months of the year, according to figures from the Office for National Statistics (ONS).

Https://www.proactiveinvestors.ca/companies/news/1014967/aston-martin-set-to-unveil-db11-successor-on-may-24-1014967.html

Iron ore 106.50 up 3.90%

The FTSE 100 is expected to slightly lower on Tuesday as Chinese retail sales and industrial production both fell short of expectations in April and with key debt ceiling talks in the US.

Spread betting companies are calling London’s lead index down by around 15 points