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The pound is back up to $1.3850 reaching the highest level since April 2018, pound sterling is the strongest currency in the G10

"The US dollar was moderately firmer overnight, following falls in recent trading sessions. The pound remains one of the strongest G10 currencies this year, although it has edged down to $1.38 after reaching $1.3850 earlier this week and it is slightly below €1.14," says Hann-Ju Ho, Economist at Lloyds Bank.

The CMA has secured £975,000 in total refunds for Lloyds’ PPI customers in the last year, after taking action following its latest breaches of the CMA’s Order.

https://www.halifaxcourier.co.uk/business/authority-secures-total-ps975000-refunds-lloyds-ppi-customers-3131835

Lloyds returned to a profit of £1bn in Q3, with a loan-to-deposit ratio of 98%. It means it has the liquidity to pay out a potential dividend.
Reduction in the net interest margin. In the Q3 update, Lloyds specifically flagged this up as a reason why group income was down 17%. The net interest margin stands at 2.42%. This is the difference between the rate the bank lends out at versus the interest it receives. This margin has been decreasing, as the UK base rate has been cut. It takes time for the difference to filter through, and so this move lower is likely going to continue through 2021.

LONDON — Central banks are accelerating their work on digital currencies and investors are taking note.

https://www.google.com/amp/s/www.cnbc.com/amp/2021/02/12/cryptocurrency-dwindling-cash-use-is-pushing-central-banks.html

Bc2020
8 trading days till dividend announcement
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EU financial services chief warns of long road ahead for UK-EU equivalence deal
EU financial services chief warns of long road ahead for UK-EU equivalence deal



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The EU’s financial services chief has warned the UK that “there cannot be equivalence and wide divergence” in financial regulation as the battle over the City’s future relationship with the bloc heats up.

Mairead McGuinness also confirmed fears held by many in the City that the EU would demand to know the UK’s future regulatory plans as a prerequisite to any further agreement – a state of affairs Bank of England Governor Andrew Bailey has described as unacceptable.

https://www.google.com/amp/s/www.cityam.com/eu-financial-services-chief-warns-of-long-road-ahead-for-uk-eu-equivalence-deal/amp/

"Double dip recession avoided for now, but the current quarter is likely to see another dip in activity. The UK economy is not out of the woods yet," said former BoE policy maker, Andrew Sentance

UK gross domestic product (GDP) grew by 1.2% in December. Economists had been expecting a rise of 1.0%.

In the fourth quarter, GDP is estimated to have grown by 1.0%, following revised 16.1% growth in the third quarter.

Despite two consecutive quarters of growth, the level of GDP in the UK is down 7.8% year-on-year, the Office for National Statistics (ONS) said.

British Airways is expanding its optional health passport app to all passengers flying to the United Kingdom. The app, provided by VeriFLY, was previously only available on flights from the United Kingdom to the United States.

Lti
"A yield is not announced.
A dividend amount will be announced"

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GL

Bc2020
Lloyds will announce a dividend yield of 5% and will do another buyback to return more cash to shareholders , payments start in May

Transport Secretary Grant Shapps said it is “too soon” for hopeful travellers to start booking holidays as it is currently "illegal" to go on holiday in the UK or abroad

DYOR

The post-Brexit fragmentation of share trading away from London is in no one's interests, Prime Minster Boris Johnson's spokesman said on Thursday, blaming Brussels for not yet granting Britain 'equivalence' status on financial services.

"Despite the fact that we've supplied all of the necessary paperwork and are one of the world's most pre-eminent financial centres, with a strong regulatory system, the EU still haven't granted us full equivalence," the spokesman said.

"This has meant a number of EU shares that were previously traded on UK venues, have moved to the EU venues on advice of the European regulator, but our position is fragmentation of share trading across financial centres is in no one's interests."

Downing Street slated the EU for snubbing the UK's call for financial service 'equivalence' today as Amsterdam overtook London as Europe's biggest share trading hub.

The PM's spokesman complained that Brussels had refused to copy Britain's decision to recognise standards despite the City's track record and having been supplied with 'all the necessary paperwork'.

https://www.dailymail.co.uk/news/article-9247603/Bank-England-boss-launches-broadside-EU-finance-industry-rules.html

shelving its dividend for the next two years

Around this time last year, shares in Lloyds supported a dividend yield of around 5.3%, or 3.2p per share. If the lender reinstated its dividend at this level in 2021, investors would be in line for a yield of 8.8%

Brand New British Airways Boeing 787-10 Sent To Storage

https://www.google.com/amp/s/simpleflying.com/british-airways-boeing-787-10-victorville-storage/amp/

Speech by Mr Andrew Bailey, Governor of the Bank of England, at the Financial and Professional Services Address, Mansion House, London, 10 February 2021.

https://www.bis.org/review/r210211b.htm

Amsterdam took over London as Europe’s largest share trading centre last month as UK’s departure from the EU prompted shift in dealing of stocks and derivatives

A dip in financial markets over the course of the past 24 hours has blunted the British Pound's advance against Dollar
Lloyds today is buy the dip