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Bullish comment for Lloyds, its crucial Q2 impairment charges come in well under market expectations and earnings remain stable if investors are to see any significant up-lift to the share price on Thursday's Q2 reporting figures, a market driven 15% intra - day spike on the back of very positive results will only lift the share price back to the top of its current 30P - 34P trading range.

Pent - up demand after lockdown measures eased for businesses and retail.
Latest real - time data suggests demand is already beginning to level off.

Oxo42, Its called "Stakeholder Capitalism "
Employees first
Customers second
Shareholders last.

Theosus, You will probably be more knowledgeable on the subject than myself, fossil fuel subsidy and carbon trading emmisions markets not my forte. There seems to be a lot of unreliable sketchy data and ballpark figures being bandied about by various organisations ie.. IMF, EU, IEA to the true extent and financial costs of these schemes and subsidies.

One thing i am certain of, someone will be making a shed - load of cash out of these fossil fuel subsidies.

Pippa, You may be surprised to know, the UK has the largest fossil fuel subsidy in the EU totalling £10. 4Bn a year , significantly more than the £6.4Bn spent on renewable energy.

No EU deal forthcoming, no end of year trade deal with America insight, fractured economic and political relations with potentially two of our largest post Brexit trading partners Russia and China, UK needs to be more realistic and tread more carefully or they are heading full on a course to economic disaster.

ERV1 Given away thousands to my children over the years in the hope they would use the money wisely in reducing their mortgage costs and making life a little easier for themselvelves, instead the money has been frittered away on luxury cars and excotic foreign holidays.

Never again, the door's to my branch will remain firmly shut !

" Bank of Mum & Dad " The UKs best loved interest free financial institution.
Thankfully i closed my branch down years ago.

ERV1 Iv'e been trading share for 50 years now, i have never stopped learning from my mistakes because the Stock Market has market never stopped teaching.

falklandinvestor, The share price may well break through the current 34P resistance level if Q2 Impairment charges come in at under market expectations, we just have to wait and see how the markets interpretate end of month Q2 results.

Hopefully the share price at some point in the remaining days of July will return back to the now familiar 30P - 34P trading range.

Off Subject
Sunnick shakes the magic money tree again, above inflation pay rise for nine hundred thousand public sector workers.

What could possibly go wrong !

dflynch your post " solves HMG needs for funds"

Looks very much like HMG want the " best of both worlds " to use savers cash and shareholders dividends to fund current Government expenditure and the eventual recovery of the UK economy.

Theosus / ERV1 Premium Bonds and Income Bonds, very sensible alternative to a bog standard low interest bearing savings account on offer from the banks, also with instant access to funds if required, my wife emptied her bank and building society accounts months ago in favour of these two financial products on offer from NS&I investments. For the first time in my life i will follow in her financial footsteps and purchase a sizable chunk of Premium Bonds this week in time to qualify for the August draw. ATB

Rates were reduced November 2019 then again March 2020 current rate probably now what you are quoting still better than high street savings accounts, my fixed rate ends in October.

LTI I'm on 12 month fixed Marcus rate of 1.45% NS&I currently paying 1,15% easy access income bonds they decided to slash this rate then changed their minds to help savers out due to the covid crisis, expect current rate will will be slashed again at sometime in the near future, at this current rate you may as well have fun and take your chance investing in Premium Bonds.

LTI. After graduating from the London School of Economics in the late sixties i also went on to have a successful career in the city banking and finance sector.

Goldman Sachs " Marcus " savings have temporarily closed all new account applications earlier than expected due to their success and danger of breaching British banking ringfencing rules which would require Marcus to become a separate legal entity with its own board of directors. They fully intend to expand their planned UK based retail banking finance operations and move into the domestic credit card, SME and mortgage market in 2021.

LTI I will keep my replies to you brief and short.

IT Banking systems are hugely expensive and inherently complex to coordinate or seperate . A classic example ,separation of Lloyds / TSB IT systems, costing hundreds of millions to implement.

Baked beans production or Banking, there will always be expensive start up costs regardless of type of business.

Already have a Goldman Sachs " Marcus " online savings account, now closed to new customers due to their overwhelming success and superior interest saving rates on offer compared to what traditional high street banks are paying.

Asperger Without getting to technical on here, it may be better if you take a peek at some of their websites to fully understand and take in the vast array of banking products, digital tools and Apps on offer to customers that Lloyds cannot simply provide the same level of service and efficiency at present.

Theosus Highly unlikely American institutions will be bidding for UK financial assets. Take Goldman Sachs " Marcus " online savings account for example, only launched in the UK from scratch in Sept 2018 now together with their " Saga Savings " business they are now one of the largest online savings providers in the UK with customer deposits exceeding well over £50 Billion Pounds.

Asperger Its widely accepted in the industry Lloyds are still well behind curve in fin -tech use compared to Challenger Banks, and it will be at least a further two years before fin - tech technology is fully intergrated into their IT systems across the Group, until then Challenger Banks will continue to do everything simpler faster and cheaper together with a better all round customer experience.