UK retail sales rebound in May, public debt passes 100% of GDP19 Jun 2020 09:57
British retail sales rebounded much more strongly than expected last month as the country gradually relaxed its coronavirus lockdown, but public borrowing hit a record high and debt passed 100% of economic output.
Sales volumes in May jumped by a record 12.0% after a historic 18.0% slump in April, official data showed.
BORIS called the EU to put a "tiger in the tank" in Brexit talks and seal a deal in July the market likes his bullish statement following Monday's meeting the next hurdle for Lloyds to extend its advance is the bank of England upcoming policy meeting on Thursday. Lloyds could extend on its relief rally
Looking for a FTSE 100 bargain? I’d buy Lloyds13 Jun 2020 11:45
An economic recovery When the crisis is over, Lloyds could benefit from an economic recovery. The UK economy has suffered many periods of disruption in the past. On some occasions, it has taken many years for the economy to regain lost output, but every single time, it has come back stronger. It is highly likely we will see the same pattern this time around, which may be good news for Lloyds shares.