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Lloyds reckons a 0.25 percentage point rise will help net interest income by about £225m in the first year, £300m in the second year and £425m in year three, assuming half of the increase is passed on to savers — also a conservative assumption. Price in a 0.5 percentage point increase and the benefit rises to £425m in year one and £850m in year three.

Lloyds Banking Group PLC (LSE:LLOY) is a ‘buy’ for Deutsche Bank, which has set a 60p price target for its British peer

https://www.proactiveinvestors.co.uk/companies/news/964714/lloyds-is-a-buy-for-deutsche-bank-after-strong-beat-in-capital-964714.html

Lloyds Banking stays tight-lipped on dividends and buybacks so what is it planning?

there was nary a word from Lloyds new boss Charlie Nunn, apart from that the group’s aims continue to be the provision of “sustainable, long-term returns for our shareholders”, which could suggest a big payout is not likely.

https://www.proactiveinvestors.co.uk/companies/news/964598/lloyds-banking-stays-tight-lipped-on-dividends-and-buybacks-so-what-is-it-planning-964598.html

luckylurker

"""Livestock perhaps you should have also mentioned pre tax profits trebled for NWG"""

Its looking like money laundering and the 300 million set aside is more important, the results for natwest won't affect the share price for Lloyds

NatWest has set aside nearly £300m in legal fees to deal with the fallout of admitting it allowed money laundering to take place in the bank.

The bank announced in its third quarter results that it booked a £294m litigation and conduct charge during the period.

https://www.cityam.com/natwest-books-300m-in-legal-fees-to-deal-with-money-laundering-fallout/

British banks could be most vulnerable to economic meltdown in China, according to Bank for International Settlements data

https://www.google.com/amp/s/www.thisismoney.co.uk/money/markets/article-10128989/amp/British-banks-vulnerable-China-economic-meltdown.html

https://www.bbc.co.uk/news/uk-northern-ireland-59061750.amp

Broker Deutsche Bank price target 2.15p

Deutsche Bank price target

Rates rise next week will push the share price back up, we could see more money flow into cyclical stocks as investors attempt to capitalise on the global economic recovery, 55p end of November

I'm hoping the share price can stay above 1p

New boss Charlie Nunn said the board is developing the “next evolution” of Lloyds’ strategy and longer-term priorities

https://www.proactiveinvestors.co.uk/companies/news/964539/lloyds-banking-group-doubles-profits-as-uk-economy-improves-964539.html

Financial spread betters suggest the index will open around eight points higher

Lloyds Banking Group posted a better than expected profit for the third quarter as Britain's economy rebounded from pandemic lockdowns, in Chief Executive Charlie Nunn's first set of earnings at the bellwether bank.

Britain's biggest mortgage lender posted pretax profits of 1.6 billion pounds ($2.20 billion) for the July-September period, compared to 1.3 billion pounds in an average of analyst forecasts. The lender reported a 1 billion pound profit in the same period last year.

https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSL8N2RO29P

Long-haul carriers have criticised the Chancellor’s decision to increase air passenger duty (APD) rates for flights longer than 5,500 miles.

Luis Gallego, chief executive at British Airways’ parent company IAG, said the move “will penalise Global Britain” at a time when the country should be more competitive on the global stage.

https://www.cityam.com/long-haulers-slam-apd-hike-penalise-global-britain/

""Is your mortgage payment about to soar by a third?""

I'm mortgage free and heavily invested in Lloyds a rate rise will boost Lloyds profits and pay bigger dividends

Champagne in Canary Wharf: Sunak helps banks to save £4bn following Budget cut in surcharge tax

https://www.cityam.com/champagne-in-canary-wharf-sunak-helps-banks-to-save-4bn-following-budget-cut-in-surcharge-tax/

Falky
This will be the last day Lloyds investors will see forties price range , tomorrow's results will push this back over 50p

Halifax Home Insurance had a 107% increase in claims for burglaries between April and October – the months when days start getting longer and shorter respectively.

As the country emerged from lockdown this year and people began socialising, the insurer had another spike in claims with a 42% increase between January and August.

https://www.lloydsbankinggroup.com/media/press-releases/2021/halifax/scary-spike-in-burglaries-as-clocks-change.html

Despite a big increase in the amount of borrowing by businesses since the start of the pandemic, only 11% of small and medium sized enterprises (SMEs) say they are worried about their current level of business debt, according to new research from Lloyds Bank Business.

https://www.lloydsbankinggroup.com/media/press-releases/2021/lloyds-bank/just-one-in-10-uk-small-businesses-worried-about-debt.html