Member Info for StickyToffeePudd

UK banks have had a kicking also, if that helps...

Something to do with the possibility that Keir may get his marching orders and Rayner may become leader.

She will tax the banks up to their necks.

You can get contagion in sectors, that tends to pull all the shares in that sector up or down if one gets good or bad new, but here we are talking about UK political instability and new punitive UK bank taxes potentially impacting Irish bank shares and maybe that is stretching things too far...

"Lloyds is the UK’s largest mortgage lender. It doesn’t operate outside the UK. And it doesn’t have an investment arm. So, it’s highly exposed to the British economy, the house market, and UK interest rates."

"How’s the UK economy looking? Pretty sluggish. The economy is only expected to grow marginally faster than Russia this year — a country that’s been at war for four years. There are huge policy issues holding the country back too, including the world’s highest energy prices and a tax regime that incentivises higher earners to work less to avoid losing tax benefits."

"How’s the housing market looking? Average UK house prices hit a record milestone in January 2026, surpassing £300,000 for the first time with a modest 1% annual growth. That’s not particularly strong and it’s not incentivising investment in the sector. Many developers are now looking at negative land value."

"And what about interest rates? Well, partially because the UK economy is so weak, they’re likely to fall further this year. I’d expect two to four cuts this year, taking the base rate closer to 3%. This is very much in the Goldilocks Zone — where rates are still high enough for lenders to earn attractive margins, but not so high that borrowers come under widespread stress and impairments begin to climb."

"Overall, I’d describe the environment as stable, but it’s not getting exponentially better. And we’ve already seen the stock nearly triple in value over specific timeframes in the last three years."

https://uk.finance.yahoo.com/news/return-reality-why-lloyds-shares-072500240.html

I love caves!

Lloyds crashes through £1!

On £1 today and hopefully take off in the afternoon again!

It is very clear that Lloyds has changed its business model to be more an online service provider and it is phasing out the legacy high street footprint.

Expect unending bank closure announcement over the coming years and perhaps they will still retain some high profile or high prestige branches as nothing more than window dressing, to enable them to still claim they are a high street bank, but that term itself may also become dated too, before too long.

"The shift to fewer branches and more digital services is consistent with Lloyds’ focus on cost efficiency and technology. This features in the narrative around digital transformation and AI-powered tools improving margins and earnings quality."

"Branch closures could test customer loyalty and service quality. This is a risk when competitors such as Barclays, NatWest Group and HSBC also invest heavily in their own digital offerings and physical coverage."

"The recent fixed income issuance and branch consolidation are not explicitly discussed in the narrative. However, both influence how Lloyds balances capital returns, funding structure and long term investment in fee-based and digital businesses."

https://simplywall.st/stocks/gb/banks/lse-lloy/lloyds-banking-group-shares/news/lloyds-branch-closures-test-digital-push-and-capital-return

Hollybean, if we can put the recent politics aside and revert back to the forecasts for lloyds this year, then we should be seeing a recover in Lloyds soon.

I think that 130p is easily achievable!

The ascent in lloyds could be as rapid as the decent!

Very satisfying to see lloyds rising!

"Another 95 branches will be closed by Lloyds Banking Group, as many banks continue to reduce their presence on the High Street."

"The group said 53 Lloyds, 31 Halifax and 11 Bank of Scotland sites would shut between May this year and March 2027."

The trend is very clear in Bbanking!

But very worrying for our town centres!

In 10 years time will there be anything left in then at all?

https://www.bbc.com/news/articles/cy4wgpkkzq0o

"Starmer is clinging on by his fingernails, but if a financially naïve advocate of modern monetary theory (MMT) replaces the prime minister, bond markets will demand a greater risk premium to lend to the UK."

https://www.investorschronicle.co.uk/content/084fb90f-819f-4ce2-9b53-061bba369bde

All this negative sentiment and lloyds will fly again!

Waiting patiently for tbe rebound and lloyds to test new highs!

"Asian stocks advanced for a second day in early trading on Tuesday, led by an extended rally in Tokyo's benchmark after Japanese Prime Minister Sanae Takaichi's decisive election victory over the weekend."

Might give us a bit of an uplift in the UK!

https://uk.marketscreener.com/news/asia-stocks-rise-as-nikkei-sets-fresh-record-dollar-drops-ce7e5adfda8cf325

Watching some current affairs coverage tonight and there was speculating this leadership business could drag on for six months! Implications for UK banks would be grim under this scenario.

Yes and no...

Asimpleinvestor my portfolio is quite diverse, within the banking sector...

lloyds down 10% in two days is not only, "slightly down"...!

if sir keir resigns and we end up with angela in power, expect lloyds to be down 50%!

we have clowns on here who constantly derided sir keir and continue to call for his resignation, so i just hope you are happy now!

sir keir was a steady safe pair of hands that the markets liked that!

having said all that, having a left wing pm would warm the ****els of my heart, but unfortunately it would scupper my investments...

Sir Keir acted in good faith and Farage praised Mandleson being appointed, as the tories sounded approval also. In fact, there was cross party consensus that Mandleson qas a good choice.

What we have now is Sir Keir be held to account for the sins of Mandleson, which is absurd.

Unfortunately, the political instability and uncertainty that many on here wished for, is now impacting the banks and YOUR investments.

It's comical really!

We had lots of folks on here calling for the scalp of Sir Keir.

Thanking you now most kindly for fuelling a media circus, that has caused the lloyds share price to crash 10% in two days!