Share save schemes7 Dec 2022 19:50
By law the maximum allowed to be saved each month is £500.
the amount. Obviously the lower the share price the more shares need to be issued to satisfy the amount saved by employees for share purchases which of course goes into the Lloyds coffers.
Total saved for and issued will also be influenced by the number of employees.
Current numbers are about 58,000 down from about 65,000 5 years ago.