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"I don’t care who the PM is as long as they get this share price up"

The data out this morning shows Britain's economy is on course to slip into a recession caused by soaring energy costs that are feeding double-digit rates of inflation the country showing no signs of growth, chances of a price rise anytime soon for Lloyds is slim

One week's time and it's dividend payday

BoE is guaranteed to hike rates 50bps now on September 15th, truss and new team are in favour of supporting the economy this ultimately means higher borrowing, Interest rates are looking to be 4% and inflation at 13% in 2023 great news for banks and Lloyds investors,
Higher dividends payments more buybacks and a special one off payment all looking good for shareholders

Markets not impressed with liz truss, how long are we going to give her

UK private sector business activity fell for the first time in a year-and-a-half in August as an increasingly severe downturn in manufacturing was accompanied by a near- stalling of the vast services sector. Demand for consumer- facing services such as restaurants, hotels, travel and other recreational activities is collapsing under the weight of the cost-of-living crisis, with demand for business services also coming under pressure amid concerns over rising costs and the darkening economic outlook

Dr John Glen, Chief Economist, Chartered Institute of Procurement and Supply (CIPS)::

"The UK services sector grew at the slowest pace for 18 months in August as a lockdown free summer of sport and tourism narrowly kept the sector in the black. But with backlogs of work depleted and the Commonwealth Games behind us, the sector faces a far more challenging autumn.
"Input costs continued to rise at a rapid rate this month with services businesses left with no choice but to pass the pain onto clients and consumers. While port disruption, Brexit paperwork and shortages all continue to play a role in driving inflation, the sector is relatively powerless in the face of ever-increasing energy bills. Services businesses will have their eyes firmly on the new Prime Minister this week as they hope for a policy driven solution to rocketing costs."

Chris Williamson, Chief Business Economist at S&P Global Market Intelligence, which compiles the survey:

"UK private sector business activity fell for the first time in a year-and-a-half in August as an increasingly severe downturn in manufacturing was accompanied by a near- stalling of the vast services sector. Demand for consumer- facing services such as restaurants, hotels, travel and other recreational activities is collapsing under the weight of the cost-of-living crisis, with demand for business services also coming under pressure amid concerns over rising costs and the darkening economic outlook. Financial services firms are meanwhile reporting subdued trading amid the recent hikes in interest rates, adding to an increasingly broad- based malaise across the economy.
"Jobs growth is already starting to weaken and, with hiring tending to lag changes in order books, the recent slump in demand alongside surging energy prices points to a growing reticence to employ staff in coming months.
"Although the survey data are currently consistent with the economy contracting at a modest quarterly rate of 0.1%, deteriorating trends in order books suggest the incoming prime minister will be dealing with an economy that is facing a heightened risk of recession, a deteriorating labour market and persistent elevated price pressures linked to the soaring cost of energy."

Service sector growth continues to slide in August

Key findings
Marginal gain in activity reflects downward pressure on sales
Costs and charges continue to rise sharply
Confidence subdued, but employment up markedly again
The UK service sector continued to expand during August, but only just as growth softened to a marginal rate that was the slowest in the current 18-month run. Although sales continued to rise, they did so only modestly amidst growing economic uncertainty, reduced client confidence and worries over high inflation. Indeed, cost pressures remain extremely elevated, linked in the main to rising energy, fuel, and utility bills. Confidence about the future was again historically subdued.
The labour market remained, however, a source of notable resilience. Although staffing levels rose at a slower rate, growth remained marked as firms responded to higher workloads and continued to plug previously unfilled vacancies.
The headline seasonally adjusted S&P Global / CIPS UK Services PMI® Business Activity Index once again posted above the 50.0 no-change mark during August, though by dropping to 50.9, from 52.6, was consistent with only a marginal rise in service sector output.

https://www.pmi.spglobal.com/Public/Home/PressRelease/9c70084d1872464a9938db2749ba3a16

City bonuses reaching pre-financial crisis levels for bank CEOs a windfall tax maybe a good thing

Markets are all down as Russia’s decision to close the nord stream 1 pipeline sent gas prices soaring amid growing fears of an energy crisis

Markets are all down as Russia’s decision to close the nord stream 1 pipeline sent gas prices soaring amid growing fears of an energy crisis

DRB83
Bills very experienced and knowledgeable and knows it's better the farm it out to contractors to mine and take it to the port, this is why we have him as the CEO

https://www.proactiveinvestors.co.uk/companies/news/991738/alien-metals-consolidates-its-position-at-han****-with-new-acquisitions-991738.html

"Most people simply do not realize how far (and fast) the UK is falling behind the rest of the world"

Sell up if you're not happy plenty of other investments with better growth outlook

"Why does it matter if we're the 4th, 6th, or 20th"

Not only has UK UK fallen behind India we're on the brink of falling into a recession, Liz Truss takes over tomorrow she got some big shoes to fill as for Lloyds investors going to be another year going sideways

Britain has dropped behind India to become the world’s sixth largest economy, delivering a further blow to the government in London as it grapples with a brutal cost-of-living shock

Heathrow wants to impose a £40 per ton levy that will impact airline's carrying cargo

Barratt Developments is forecast to post a profit of more than £1billion for the first time after the property market soared in 2021

Buyback is going well for small shareholders

Britain's top boardroom chiefs pocketed an average of £4.4 million each last year – and were showered with perks, The Mail on Sunday can reveal.

Charlie Nunn received £5.52 for 6 months, Antonio Horta osorio received £ 2.52 and William Chalmers £819.000

https://www.google.com/amp/s/www.thisismoney.co.uk/money/markets/article-11176161/amp/Exposed-FTSE-fat-cats-beat-squeeze-pay-bonanza.html