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Rate hikes to 6% great news, scrapping the bankers cap all great news for Lloyds investors higher dividend payments higher earnings

"Lloyds SP had a decent rise this morning"

Lloyds open 44.74 and reached 45.20 before declining I won't call that a decent rise

Mr Sunak stressed on numerous occasions his opposition to Ms Truss’ ‘fairy tale’ plans to fund a series of tax cuts through borrowing, suggesting the move would add ‘fuel to the fire’ and worsen inflation

Spending on food may be costing people over £70 more than they realise.

However, some household bills may be lower than expected.

Bank’s Spending Insights tool makes it easier to set a monthly budget.

The research also found that just over half (51%) of people are not keeping track of their monthly incomings and outgoings. Of this group, over a third (34%) said they’re unable to do so because their spending fluctuates too much, a fifth (20%) don't see the value in doing so, and a further 13% saying they aren’t interested in budgeting.

https://www.lloydsbankinggroup.com/media/press-releases/2022/bank-of-scotland/scots-budgeting-household-finances.html

China growth lags Asia-Pacific for first time in decades as World Bank cuts outlook

https://www.google.com/amp/s/amp.theguardian.com/business/2022/sep/27/china-growth-lags-asia-pacific-for-first-time-in-decades-as-world-bank-cuts-outlook

ALIEN METALS (@AlienMetals) tweeted at 7:24 am on Tue, Sep 27, 2022:
Alien Metals Ltd is pleased to announce its financial results for the six months ended 30 June 2022.

Please find the full announcement below: https://t.co/g4lRns5uhk

#AlienMetals #UFO https://t.co/Q9rXEXHX2b
(https://twitter.com/AlienMetals/status/1574646152850464768?t=75L_41not0pEr9kB7qxMgQ&s=03)

Qatar Airways and British Airways have completed the latest phase in the expansion of their partnership, offering global connectivity between more countries than any other airline joint business.

https://mediacentre.britishairways.com/news/26092022/british-airways-and-qatar-airways-complete-expansion-to-form-the-largest-airline-joint-business?ref=Home

Looks like we going to have to wait until November for the next rate hike doing a inter-meeting hike would be coming from a position of weakness, today's sterling decline lands at the door of the BoE they made a huge mistake last Thursday by only opting for a 50basis point hike when the Fed had gone 75 basis points just hours before

More than 800,000 new firms were created this year despite economic turmoil and grim prospects for the immediate future.

Online shopping was a key driver for the 98,000 new retailers which popped up in wake of the pandemic, as Covid unleashed a wave of entrepreneurialism.

Figures from private equity firm Growthdeck show 808,000 new businesses came into existence in the UK, slightly down on 836,000 from 2020/21, which was a record.

Sept 26 (Reuters) - Britain's largest mortgage lender Halifax said on Monday it had temporarily withdrawn from the market all of its mortgage products that come with a fee, in response to turmoil in British funding markets.

"As a result of significant changes in the cost of funding, we're making some changes to our product range," a Halifax spokesperson said in a statement.

Halifax, part of Lloyds Banking Group (LLOY.L), said there was no change to its product rates and that it continued to offer fee-free options at all product terms and loan-to-value levels.

https://www.reuters.com/world/uk/uk-lender-halifax-pulls-mortgages-with-fees-response-market-turmoil-2022-09-26/

Up 3.60% today looking like another value trap

hardup
"The Markets are not sharing that sentiment"

Kwarteng tax cuts has spook investors Lloyds was up 15% in 20 days before these clowns got in

Pound collapses to record low of $1.03 as Kwarteng tax cuts spook investors

Bank of England could hike interest rate to 5.5% as sterling slumps as low as $1.0327 against dollar after markets react to Chancellor's mini-Budget, the extra earnings for Lloyds will rocket the share price financial is the place to be invested

FTSE 100 is expected to open slightly higher this morning after a bruising end to last week and despite losses in Asian markets overnight.

Spread betting companies are calling London’s blue-chip index up by around 27 points.

The pound has fallen to its lowest level against the U.S. dollar since decimalisation in 1971, The pound has fallen more than 4 per cent before regaining some ground to $1.05

Qatar Airways has been named the world's best airline for a record seventh year in a row at the 'Oscars of Aviation'.

The carrier reigned supreme over 350 airlines at the Skytrax World Airline Awards 2022, with Singapore Airlines in second place and Emirates in third.

https://www.dailymail.co.uk/travel/travel_news/article-11238069/Qatar-Airways-named-worlds-best-airline-Oscars-Aviation-seventh-year-running.html

Overseas travel to the UK has remained significantly behind pre-pandemic levels, despite a boom if compared to 2021 levels.

This is largely due to countries around the world – including the UK and EU – scrapping Covid travel restrictions since the beginning of the year.

Data from the Office for National Statistics showed on Friday that, in the first quarter of 2022, overseas travellers made 3.8 million visits to the UK – up from only 245,000 trips during the same period last year.

https://www.cityam.com/overseas-travel-to-uk-lags-behind-pre-covid-levels-despite-yearly-boom/

https://www.proactiveinvestors.co.uk/companies/news/993521/lloyds-could-be-hit-hard-by-backdoor-windfall-tax-says-leading-investment-bank-993521.html

Lloyds Banking Group PLC (LSE:LLOY) could be hit to the tune of £1.6bn under plans being mooted to reduce the interest paid on deposits held by high street lenders at the Bank of England, according to research by a leading investment bank.

The controversial plan has been floated in the media with Bloomberg carrying a comprehensive analysis of the back-door windfall tax, which it reckons could save the government £10bn a year.

JP Morgan used Lloyds as its case study. It assumes in its calculation that the policy would target the liquidity coverage banks have to maintain in order to fund cash outflows in a time of crisis.

“Based on this, such a move would cut the gross NII [net interest income] benefit for a bank like Lloyds from c£4.5bn to c£2.9bn at a base rate of 3% over the medium term,” JPM said in a note to clients.

“The banks would look to mitigate this in various ways, but the net earnings impact could be into double digits if the policy were structured to be highly restrictive