T The Lloyds business currently is capable of a 10% + annual returns to shareholders. If Grainger represented a far better proposition then the bod would be looking at it.
Suf gave a link to what yields are on offer NOW for any investment made NOW.
Anyone purchasing Lloyds at 24p or any other of the stocks at a low price would be benefiting from a much higher yield from those purchases than what is offered now.
Banks have to deposit some money interest free at the BOE. No interest used to be paid on reserves and there was talk that it would be the case again - obviously better if that has not yet/will not take place. https://www.ft.com/content/24f51ce8-1a61-4e03-95d3-e87f2c9d938b