Member Info for livestock

April saw the headline UniCredit Bank Austria Manufacturing
PMI drop sharply for the second month in a row, down from
45.8 in March to 31.6. This latest reading surpassed the
previous record-low of 33.1 seen at the depth of the global
financial crisis in January 2009.

Business confidence falls to near record low as full impact of economic shutdown hits

Overall business confidence plunged 38 percentage points to -32% in April, the lowest level since December 2008 at the start of the global financial crisis.
Economic optimism dropped from 3% to -39%, while trading prospects fell to a record low from 8% to -25%.
Hiring intentions fell to a nine-year low, with 37% of firms expect to reduce employment over the next 12 months, however, 20% expect to see an increase.
Overall confidence fell in all twelve regions and across all sectors, with trading prospects weakest in manufacturing, retail and transport services.
Ten percent of firms report a positive impact on demand from the pandemic, but three quarters say demand has fallen, including 36% reporting a drop by more than half.

https://www.lloydsbankinggroup.com/Media/Press-Releases/2020-press-releases/lloyds-bank/business-confidence-falls-to-near-record-low-as-full-impact-of-economic-shutdown-hits/

Santander bank posted an 82 per cent year-on-year slump in quarterly net profit
£288.5m for the first quarter

HSBC
Profit before tax came in at $3.2 billion for January-March, down from $6.2 billion a year ago

Private equity firms are increasingly concerned that viable but highly-indebted or loss-making British firms, potentially including high-street names, will be ruled out of coronavirus business loan schemes due to European Union state aid rules.
The UK’s coronavirus business loan schemes for small, medium and large companies (called CBILS and CLBILS) fall under the EU’s rules about the aid member states can give to companies. EU rules apply to the UK until the Brexit transition period ends in 2021.

The rules say that loans cannot be given to “undertakings in difficulty”. There are various definitions of such firms, one being that they have accumulated losses worth 50 per cent of subscribed share capital.

The bank said last month it would pause plans to cut 780 jobs during the crisis.

https://www.google.com/amp/s/www.cityam.com/lloyds-gives-staff-at-risk-stay-of-execution-during-coronavirus-pandemic-lockdown/amp/

NatWest group has poached Lloyds director of people and productivity Jen Tippin she has worked for the Lloyds banking group for 15 years

Deutsche Bank announced first-quarter results were above market expectations, but warned it might temporarily miss its capital requirement target in light of the coronavirus crisis.

https://www.google.com/amp/s/www.cityam.com/deutsche-bank-might-temporarily-miss-capital-target-as-impact-of-coronavirus-hits/amp/

first day back to work for Prime Minister Boris Johnson after his near-death encounter with coronavirus the markets are up

John46

"Danielle knows the difference between lloy pharmacy and lloy Bank "

I'm glad she knows the difference it seems you may need a bit educating

Danielle she trying hard to sell her new book

The European Central Bank is set to spend just over a trillion euros on asset purchases this year alone, has eased its rules on what it can buy and when, and has stepped up supportive measures for banks to prevent the coronavirus crisis from hammering the economy.

https://www.reuters.com/article/us-global-markets-themes-idUSKCN2262DH

Lloyds shares are down, but should they be out of your portfolio? The bank that's a bellwether for the economy

https://www.thisismoney.co.uk/money/investing/article-8254685/Lloyds-showing-indicator-countrys-finances-look.html

China General Manufacturing PMI data out on 30 April

UK food and drink sector bucks trend as pandemic sees international trade fall in Q1
24 April 2020
The Lloyds Bank International Trade Index shows:

https://www.lloydsbankinggroup.com/media/press-releases/2020-press-releases/lloyds-bank/uk-food-and-drink-sector-bucks-trend-as-pandemic-sees-international-trade-fall-in-q1/

Well said that man, admin needs to start deleting the off topic posts

The UK has announced its lowest number of week-day hospital deaths linked to coronavirus for three weeks, confirming the death rate is starting to come down.
This will lead to increasing calls for the government to reveal its exit strategy from lockdown.
The pound gained nearly 0.5 per cent against the euro in yesterday’s trading despite the UK economy contracting at its fastest rate in at least two decades.

https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKCN2260NE

Agent777

The link got removed what was it thanks

UK March retail sales -5.1% vs 0.3 in Feb