Member Info for livestock

https://www.reuters.com/world/uk/business-is-soaring-uk-services-firms-so-are-prices-pmi-2021-07-05/

Strong recovery in service activity continues, but cost inflation hits record high during June

Key findings
Business activity growth eases slightly from May's 24-year high
Backlogs of work rise at fastest pace since survey began in 1996
Input cost and prices charged inflation both hit record highs
Data were collected 11-28 June 2021.
UK service providers reported another steep increase in business activity during June, with the speed of recovery only marginally slower than the peak seen in May. The rapid turnaround in business and consumer spending since the roll-back of pandemic restrictions led to the fastest rate of job creation for seven years.

“The services sector continued to expand at record-level rates as marketplaces opened up and consumers returned to hospitality with a fourth sharp monthly rise in new business and the highest job creation levels for seven years

Closing Time Monday, 7:00 am

Hollybean.... ..........43.20p
DAVB.......................45.6p
Faulkes ……………46.12p
tony3446.................47.20p
Telly song............... 47.30p
Dividend Chaser.... 47.50p
67Sam.....................47.69p
SCB..........................47.78p
helu................... ......48.00p
hardup....................48.05p
SUFCESSEX.............48.25p
Stockready..............48.50p
Rowley2376............. 48.75
Pinfinder..................48.90p
chrissw01................49.25p
picstloup................ 49.50p
Pandatron.............. 49.70p
Falky........................51.00p
Wids.........................43.00p
Livestock.................49.80p

hardup

Sorry I didn't mean to be rude my original message was only for snige I do apologize
Livestock

""Has there been any news release at 14:30 to justify this sudden drop of the banks?""

DYOR

snige
"""It was always going to be a good news day with a by-election on - free illegal campaigning.
Might continue tomorrow with the result"""

I suppose today's drop is down to labor winning yesterday's by-elections

Good afternoon falklandinvestor
Heathrow are expecting passengers numbers for 2022 to be 60% of 2019 that is roughly 50 million people traveling through Heathrow next year

Buy and hold

The rally came after Chancellor Rishi Sunak outlined plans to make the UK financial services industry more competitive on the global stage.

https://www.cityam.com/ftse-100-climbs-as-sunak-outlines-post-brexit-financial-services-roadmap/

Britain's factories extended their post-lockdown recovery in June and ramped up hiring, but they also faced record inflation pressures due to supply chain problems caused by the coronavirus pandemic, a survey showed on Thursday.

The IHS Markit/CIPS UK Manufacturing Purchasing Managers' Index (PMI) dipped to 63.9 from an all-time high of 65.6 in May. It was also down a touch from a preliminary "flash" reading for June of 64.2.

https://www.reuters.com/world/uk/uk-factories-ride-demand-boom-price-pressures-hit-record-pmi-2021-07-01/

I think we'll be pleasantly surprised come 29th

“”Most likely if all goes to plan worst case should be 3p””

The only time we’ll see 3p is with a joint venture and that’s not any time soon

Buyers beware

Employment expectations climbed for the fifth consecutive month – by three points to 17% – the highest level for two-and-a-half years.

Business confidence remained steady at 33% while economic optimism fell marginally after rising to a five-year high in May.

Nearly a fifth (18%) of businesses reported significant difficulties in finding staff with the right skills and experience.

Confidence in the services sector (31%) rose to its highest level in three years, while retail (36%) and manufacturing (35%) both fell back somewhat from recent strong levels.

Hann-Ju Ho, Senior Economist, Lloyds Bank Commercial Banking, said:
“A fifth consecutive monthly increase in trading prospects and employment expectations highlights the resilience of UK businesses as they continue to recover from the challenges presented by the pandemic. Although we must now wait slightly longer for the last remaining COVID-19 restrictions to ease, it’s an encouraging sign that firms continue to have strong overall confidence in the outlook for the UK economy, as well as their expectations for their own growth prospects.”

https://www.lloydsbankinggroup.com/media/press-releases/2021/lloyds-bank/job-prospects-highest-level-since-2018.html

Financial services firm Jefferies said that it had recorded record revenues for the second quarter, prompting the investment bank to jack up its dividend.

https://www.cityam.com/jefferies-boosts-dividends-on-back-of-record-second-quarter-performance/

England has dropped the mandatory quarantine for travellers coming from abroad who are senior executives “undertaking activities which are likely to be of significant economic benefit to the UK”.

The exemption covers executives based overseas who are part of multinational firms and visiting their UK-based branches or executives of companies normally based overseas.

https://www.google.com/amp/s/www.proactiveinvestors.co.uk/companies/amp/news/953654

Annual house price growth swelled 13.4 per cent in the UK in June, the highest rate of annual growth since November 2004, according to Nationwide.

London house prices grew just 7.3 per cent in this quarter, seeing some of the weakest growth in the UK, just behind Scotland.

https://www.cityam.com/nationwide-annual-house-price-growth-rate-swells-to-highest-since-november-2004/

Morgan Stanley, JPMorgan, Bank of America, Goldman Sachs and Wells Fargo said on Monday they were hiking their capital payouts after the U.S. Federal Reserve gave them a clean bill of health following their annual "stress tests" last week.

Analysts and investors had expected the country's largest lenders to start issuing as much as $130 billion in dividends and stock buybacks from next month after the Fed last week ended emergency pandemic-era restrictions on how much capital they could give back to investors.

https://www.reuters.com/business/finance/morgan-stanley-doubles-quarterly-dividend-increases-share-buyback-2021-06-28/

longtimeinvestor

Very true one comes on here to spread his filth and the other well his good at twisting his words it seems his got a big following as he gets lots of ticks up

Wids

What price will Lloyds be when they double there dividend and announces a massive buyback on the 29 July
watch this space

Morgan Stanley, the Wall Street powerhouse, doubled its quarterly dividend and announced a new $12 billion stock repurchase plan

The bank said Monday in a press release that its dividend will jump to 70 cents a share starting in the third quarter, and it would buy up to $12 billion of its own stock through June 2022. Shares of Morgan Stanley popped 4%.

"Morgan Stanley has accumulated significant excess capital over the past several years and now has one of the largest capital buffers in the industry,"

https://www.google.com/amp/s/www.cnbc.com/amp/2021/06/28/morgan-stanley-doubles-its-dividend-as-banks-start-to-raise-payouts-following-fed-stress-tests.html

Lloyds Q2 results out in one months time expect big jump in dividends and buybacks this is what US banks are going to announce in earnings season next month financials are the beneficiaries of the roaring twenties environment we're in
Buy the dip