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Think LTI & a few others will like this if link works :-)
https://www.morningstar.com/news/marketwatch/2024040825/european-companies-are-finally-buying-back-their-stock-opening-up-opportunities
Hardup
UK were the first to start raising rates.
Be nice for the Blob to be 1st in class.
UK plc could do with a kick start instead of bobbing along
GLA
888
Thing is Blob A Bailey has not got the balls to cut 1st
Probably wait for US or EU to cut 1st
With US strong Jobs report now waiting for CPI US looking less likely to cut soon. imo
Surely there are no contributors on here sad enough to waste their time just spouting cr@p
Tell that to STP🤣🤣😭
Asperger
As I have a very large Lloy divi due next month that I could be used as a deposit, any advice how I could break into the rental sector
Yes Buy a Hotel and fill it with migrants
Hotel will always be full 🤣🤣
© Thomson Reuters
MILAN (Reuters) - Italian banks have seen their share prices soar to multi-year highs as rising interest rates turbocharge profits, driving up lending costs while deposit rates lag far behind.
When the European Central Bank embarked on its fastest-ever cycle of rate hikes in July 2022 Italian banks had completed a clean-up that rid them of some 290 billion euros ($314 billion) in impaired loans.
Loan losses remain at record low levels thanks to stricter lending policies and generous state guarantees that cushioned the blow on the economy from the COVID-19 pandemic, the energy crisis and the sudden spike in borrowing costs.
With ample capital reserves and a limited need to provision against credit losses, banks have been able to boost payouts for investors, making up for a dividend ban regulators imposed during the pandemic.
UniCredit, in particular, has bet strongly on buying back its own shares, which used to trade at a deep discount to the bank's book value.
UniCredit has destined 11.5 billion euros out of its profits between 2021 and 2023 to share buybacks, lifting a key valuation metric known as price-to-book ratio.
Intesa's shares have approached parity in terms of price-to-book for the first time since 2018, while for UniCredit it had last happened before the global financial crisis of 2008, LSEG data showed.
Lloyds Turn Next Or Close Would Do Just Fine
Hardup
I knew STP was talking to you because he likes me :-)
Hardup
"Hold tight to your Lloyds shares as a bumpy ride has just begun"
Please define "just". It's been a rollercoaster for the 3 years I have been invested here. 🤪
I mean from yesterdays high 53.96
yes been a good old ride for me to . So nice to be in profit
All news in the uk is doom and gloom
Not in my back garden my washing is drying nicely in the sun & wind :-)
Hold tight to your Lloyds shares as a bumpy ride has just begun
Were is this waves top captain 😁
Morning nice rise so sold a few to help LTI & MS out it's the least i could do .
Still holding on to loads as the trend does look good but been bitten to many times with Lloyds
Hoping for good times ahead for the rest of my shares + dividend
GLA
Mortgage approvals for house purchases hit a 17-month high in February, in what could be a sign that the property market is bouncing back.
A dip in mortgage rates since the summer has seen mortgage approvals rise for five consecutive months, according to Bank of England figures.
He or She has a lot of money if your a she are you single ? :-)
As i am ;-)
can we meet for coffee
Reuters
Sterling ticks up as UK manufacturing recovers
Harry Robertson
Tue, April 2, 2024 at 11:19 AM GMT+1
By Harry Robertson
LONDON, April 2 (Reuters) - The pound rose on Tuesday after data showed Britain's manufacturing sector expanded in March and mortgage approvals rose in February.
Sterling was last up 0.14% at $1.2566, after falling 0.58% on Monday as the dollar rose on the back of strong U.S. economic data. The euro was down 0.18% against the pound at 85.47 pence.
Survey data out on Tuesday showed that British manufacturers reported their first overall growth in activity in 20 months in March thanks to recovering domestic demand.
Separate figures showed that UK banks approved the highest number of mortgages in February since September 2022, when new lending slumped due to bond market turmoil caused by Liz Truss' premiership.
@ Stille
Hope your well
EZJ doing well
GLA
LTI
Ok i agree with you a fool of the BB
LTI Who you talking to Dcb ?
Lti
No problem glad to help
As Simply Red sang
I will keep holding on as i wasted all them years ( lloyds aka donkey ) holding back the tears :-)
No reason to tape up the bottoms of your trouser legs.
I like taping up my trouser leg bottoms :-)