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Overall I’m thinking about adding Lloyds shares to my portfolio as the economy recovers from Covid-19. The timing, as we recover from the pandemic, could make it a great share for me to buy now.

https://www.fool.co.uk/investing/2021/03/31/uk-shares-to-buy-now/

Alex Cruz has finally left the building.

When Alex was unceremoniously removed as British Airways Chief Executive last October, he retained the role of Chairman.

This period came to an end yesterday, with new CEO Sean Doyle taking on the dual role of Chairman and Chief Executive.

Doyle said:

“We are very grateful to Alex for all he has done for British Airways and we wish him the very best in the future. “

https://www.headforpoints.com/2021/04/01/alex-cruz-steps-down-as-british-airways-chairman/

UK Manufacturing PMI at decade high as growth of output, new orders and employment gather pace

KEY FINDINGS
UK Manufacturing PMI at 58.9 in March (121-month high)
Business optimism at seven-year high
Supply-chain disruption and inflationary pressures build

Signs of Spring have appeared in the UK manufacturing sector, with the PMI hitting its highest level in a decade. Growth of output, order books and employment all gathered momentum and optimism about the year ahead improved further. The domestic market remained the prime source of new orders,
as companies reported that the vaccine roll-out and clients’ preparations for the loosening of lockdown restrictions underpinned the expansion. Many expect this process to be supportive during the year ahead as well, raising business optimism and jobs growth to their highest levels for seven years.

Lloyds to start on front foot as positive sentiments prevail ahead of holiday weekend

https://alienmetals.us4.list-manage.com/track/click?u=33006da2c4eca0895c1011809&id=54646fa453&e=50325a0485

Shares Spotlight Magazine take a look at Alien Metals' current projects
Alien Metals is advancing a strong portfolio of mining assets up the value curve


Alien Metals has embarked upon an acquisition-led strategy headed by a high-quality geological team to build a strong portfolio of diversified assets, including two recent acquisitions.

Research by Lloyds Banking Group shows two thirds (66%) of people see the environment as a top priority for post pandemic recovery.
However, one in five took no action to reduce their carbon footprint in the third lockdown, double the level compared to October last year.

https://www.lloydsbankinggroup.com/media/press-releases/2021/lloyds-banking-group/carbon-emissions-drop-15-percent.html

A 50-seat hydrogen-powered plane will take to the skies in as little as five years under plans backed by British Airways to eliminate emissions on short-haul flights. It could eventually replace jet-fuel aircraft on domestic and some European flights.

ZeroAvia, the British-American company behind the technology, has already operated a six-seater hydrogen aircraft on a short demonstration flight from Cranfield airport in Bedfordshire last year, the first of its kind using a “commercial-grade” plane powered by hydrogen.

The Lloyds Bank share price upward trend has continued this week as investors bet on the UK recovery and the firm’s efforts to cut costs. The LLOY share price is trading at 43.2p, which is the highest level since March last year.

https://www.google.com/amp/s/www.investingcube.com/lloyds-bank-share-price-forecast-heading-to-50p-in-april-shares/amp/

The UK economy bounced back more strongly than first thought in the last six months of 2020, growing by 16.9 per cent and 1.3 per cent in the third and fourth quarters respectively, the Office for National Statistics said this morning.

https://www.google.com/amp/s/www.cityam.com/uk-gdp-bounces-back-after-unprecedented-pandemic-beating/amp/

Bank of Scotland’s Business Barometer for March 2021 shows:

Overall confidence of firms in Scotland rose 15 points in the past month to -2%.
Optimism grew in all UK nations and regions for a second consecutive month after roadmap for ending lockdown restrictions was laid out.
Overall UK business confidence surged to its highest level since February 2020.

https://www.lloydsbankinggroup.com/media/press-releases/2021/bank-of-scotland/scottish-business-confidence-returns-pre-pandemic-levels-remains-negative.html

The latest Lloyds Bank Business Barometer shows:

Overall business confidence increased by thirteen percentage points to 15% – the highest level since the start of the pandemic last year. This reflects firms’ optimism towards the wider economy, increasing fifteen points to 17%.
The net balance for staffing levels is positive for the first time since March 2020, rising by eight points to 4%, reflecting a higher share of companies expecting to hire and a lower share anticipating staff reductions.
Confidence increased across eleven of the twelve UK regions and nations with firms most upbeat in the North East (up twenty-five points to 26%), the West Midlands (up twenty-four points to 27%) and the North West (up thirteen points to 26%).
Manufacturing and retail sectors recorded the biggest increase in overall confidence.

https://www.lloydsbankinggroup.com/media/press-releases/2021/lloyds-bank/business-confidence-surges-one-year-high.html

https://www.lloydsbankinggroup.com/insights/our-new-operational-climate-pledges.html

The Future Of Finance

https://cute766.info/antonio-horta-osorio/

António Horta-Osório makes no apology for the unbridled optimism that has defined his 10 years running Lloyds Banking Group. Critics say he leaves it over-exposed to Brexit and dwindling interest margins. But, as he prepares to move to Switzerland to become chairman of Credit Suisse, Horta-Osório tells Euromoney that Lloyds’ greatest days could still be ahead of it.

https://www.euromoney.com/article/28bgr9hprqad43g4gyl8g/banking/lloyds-10-years-on-antonio-horta-osorio-makes-his-exit

Lloyds should see a rally this week after London reached an agreement on financial services cooperation with Brussels.
Financial services makes up 7% of UK Gross Domestic Product (GDP) and 10% of tax receipts.

Lloyds SP 80p in 2021

DYOR

A rush to secure mortgages before the end of what many thought would be the end of the stamp duty holiday in March has meant mortgage approvals for February were bumped up by 20% from the same month last year.

New data released this morning by the Bank of England shows a slight slowdown from borrowing levels seen in January, however borrowing levels in February were still exceeding those seen before the global Financial Crash in 2008.

https://www.google.com/amp/s/uk.finance.yahoo.com/amphtml/news/mortgage-approval-rates-bank-of-england-uk-housing-market-095658674.html

The prices of precious metals dropped back last week. Silver was the worst performer, with the price falling by around 5% as investors continued to sell holdings in ETFs and the prices of industrial metals declined more broadly. As a result, the gold/silver ratio ticked up. Elsewhere, the price of platinum eased back this week, while the price of palladium was little changed. Strategists at Capital Economics update their forecast for these precious metals by the end of 2021.

https://www.fxstreet.com/news/gold-silver-to-plummet-by-year-end-to-1600-and-20-respectively-ce-202103290702

Ministers have been urged to radically cut greenhouse gas emissions from airlines after research showed British Airways alone accounted for as much carbon dioxide as all vans on UK roads.

A study named BA as the second biggest airline polluter in Europe in 2019 before the pandemic grounded thousands of flights. BA’s flights emitted 18.4 million tonnes of carbon dioxide (CO2), which was second only to the German flag carrier Lufthansa.

https://www.thetimes.co.uk/article/ba-second-biggest-air-polluter-emissions-3xxwkcjh2

The Lloyds (LSE: LLOY) share price has soared 76% from a low of 23.98p just six months ago. Nevertheless, at a current 42.26p, the price remains well below its pre-pandemic level of over 60p in early 2020.

https://www.fool.co.uk/investing/2021/03/29/the-lloyds-share-price-is-up-76-in-6-months-am-i-too-late-to-buy/