Lloyds Banking Share Discussion Threads

[geckotheglorious] 24/4/2024 16:14

nemesis6
Post 394243
If sunak thinks rwanda is such a great idea....pay for it himself with wifeys pocket money from daddy lol

No need. I've a better idea. Most , if not all these illegals come from countries that we give foreign aid to, or assist militarily.

So no takey illegals back, no foreign aid, no military assistance.

And still send the parasitical farkers to Rwanda.

Job done.


And Sir mark Rowley is a coward. Clearly a political appointment.
Put me in charge Scruff. I'll sort it fast.

[stonedyou] 24/4/2024 15:57

Russian troops wipe out Ukrainian UAV production workshop over past day.

The Russian forces improved their frontline positions and inflicted casualties on five Ukrainian army brigades in the Donetsk area over the past day, the Defense Ministry reported.

MOSCOW, April 24. /TASS/. Russian troops destroyed an UAV (unmanned aerial vehicle) production workshop of the Ukrainian army over the past day in the special military operation in Ukraine, Russia’s Defense Ministry reported on Wednesday.

"Operational/tactical aircraft, missile troops and artillery of the Russian groups of forces destroyed a P-18 panoramic view radar station, an UAV production workshop and a fuel storage facility of the Ukrainian army and struck enemy manpower and military hardware in 117 areas," the ministry said in a statement.

Russian troops advance to better positions in Kupyansk area over past day
Russian troops took better positions and repelled a Ukrainian army counterattack in the Kupyansk area over the past day, the ministry reported.

"Battlegroup West units took more advantageous sites and inflicted casualties on manpower of the Ukrainian army’s 30th and 57th mechanized and 77th airmobile brigades near the settlements of Sinkovka and Petropavlovka in the Kharkov Region, Novosyolovskoye and Chervonaya Dibrova in the Lugansk People’s Republic. They repulsed a counterattack by formations of the Ukrainians army’s 3rd assault brigade west of the settlement of Novovodyanoye in the Lugansk People’s Republic," the ministry said.

The Ukrainian army’s losses in the Kupyansk direction over the past 24 hours amounted to 30 personnel, three motor vehicles, two 122mm Gvozdika motorized artillery systems and a US-made HIMARS multiple rocket launcher, it specified.

Russian troops improve frontline positions in Donetsk area over past day
Russian troops improved their frontline positions and inflicted casualties on five Ukrainian army brigades in the Donetsk area over the past day, the ministry reported.

"Southern Battlegroup units improved their forward edge positions and inflicted damage by firepower on personnel and equipment of the Ukrainian army’s 24th, 30th and 53rd mechanized, 56th motorized infantry and 5th assault brigades near the settlements of Zaliznyanskoye, Orekhovo-Vasilevka, Bogdanovka, Krasnoye and Kurdyumovka in the Donetsk People’s Republic," the ministry said.

Russian troops repel seven Ukrainian counterattacks in Donetsk area over past day
Russian troops repelled seven Ukrainian army counterattacks in the Donetsk area over the past day, the ministry reported.

"Near the settlements of Chasov Yar, Georgiyevka and Krasnogorovka in the Donetsk People’s Republic, seven counterattacks by assault groups of the Ukrainian army’s 41st mechanized and 46th airmobile brigades were repelled," the ministry said.

Ukraine’s army suffers 470 casualties in Donetsk area over past day
The Ukrainian army lost roughly 470 troops in battles with Russian forces in the Donetsk area over the past day, the ministry reported.

"The enemy’s losses amounted to 470 personnel, an armored combat vehicle and nine motor vehicles. In counterbattery fire, Russian troops destroyed two 155mm M777 howitzers and a 105mm M119 artillery gun of US manufacture, two 152mm Msta-B howitzers, a 152mm D-20 howitzer, a 122mm Gvozdika motorized artillery system and a BM-21 Grad multiple rocket launcher," the ministry said.

In addition, Russian troops wiped out three field ammunition depots and two Nota electronic warfare stations of the Ukrainian army, it specified.

Russian troops repulse seven Ukrainian counterattacks in Avdeyevka area over past day
Russian troops improved their tactical position and repulsed seven Ukrainian army counterattacks in the Avdeyevka area over the past day, the ministry reported.

"Battlegroup Center units improved their tactical position in active operations and inflicted damage by combined firepower on formations of the Ukrainian army’s 3rd assault and 47th mechanized brigades near the settlements of Semyonovka, Novgorodskoye and Berdychi in the Donetsk People’s Republic," the ministry said.

Russian troops also repulsed seven counterattacks by assault groups of the Ukrainians army’s 142nd infantry, 25th airborne, 23rd, 24th and 100th mechanized, 68th and 71st jaeger brigades near the settlements of Leninskoye, Ocheretino, Vodyanoye, Netailovo and Novokalinovo in the Donetsk People’s Republic, it specified.

"The Ukrainian army lost as many as 350 personnel, two motor vehicles and three 122mm D-30 howitzers," the ministry reported.

Russian troops strike three Ukrainian army brigades in south Donetsk area over past day
Russian troops took better positions and inflicted casualties on three Ukrainian army brigades in the south Donetsk area over the past day, the ministry reported.

"Battlegroup East units took more advantageous positions and inflicted casualties on manpower and equipment of the Ukrainian army’s 58th motorized infantry, 72nd mechanized and 128th territorial defense brigades near the settlements of Vodyanoye, Shevchenko and Staromayorskoye in the Donetsk People’s Republic," the ministry said.

Russian troops also repelled a counterattack by assault groups of the Ukrainian army’s 106th territorial defense brigade near the settlement of Urozhainoye in the Donetsk People’s Republic, it said.

Kiev loses 110 troops in south Donetsk area over past day
The Ukrainian army lost roughly 110 troops in battles with Russian forces in the south Donetsk area over the past day, the ministry reported.

"The Ukrainian army’s losses amounted to 110 personnel, a tank, an infantry fighting vehicle, two motor vehicles and a 122mm Gvozdika motorized artillery system," the ministry said.

Russian troops strike four Ukrainian army brigades in Kherson area over past day
Russian troops inflicted casualties on four Ukrainians army brigades in the Kherson area where the enemy lost roughly 55 personnel and three US-made artillery guns over the past day, the ministry reported.

"Dnepr Battlegroup units inflicted damage by firepower on amassed personnel of the Ukrainian army’s 28th, 65th and 117th mechanized and 126th territorial defense brigades near the settlements of Shcherbaki, Rabotino and Malaya Tokmachka in the Zaporozhye Region, Vysshetarasovka in the Dnepropetrovsk Region, Berislav and Olgovka in the Kherson Region," the ministry said.

The Ukrainian army’s losses in the Kherson direction over the past 24 hours amounted to 55 personnel, two 155mm M777 howitzers and a 105mm M119 artillery gun of US manufacture and six motor vehicles, the ministry specified.

Russian air defenses destroy 299 Ukrainians UAVs over past day
Russian air defense forces destroyed 299 Ukrainian unmanned aerial vehicles (UAVs), six smart bombs and nine rockets over the past day, the ministry reported.

"Air defense capabilities shot down 299 Ukrainian unmanned aerial vehicles, nine rockets of the US-made HIMARS and of the Olkha multiple launch rocket systems and six French-made Hammer guided aerial bombs," the ministry said.

In all, the Russian Armed Forces have destroyed 592 Ukrainian warplanes, 270 helicopters, 22,932 unmanned aerial vehicles, 509 surface-to-air missile systems, 15,827 tanks and other armored combat vehicles, 1,271 multiple rocket launchers, 9,081 field artillery guns and mortars and 21,274 special military motor vehicles since the start of the special military operation, the ministry reported.

[stevensupertrader] 24/4/2024 15:26

Coming to the close of trading , more sellers selling and gathering momentum.
Manipulation can only work for awhile

[stevensupertrader] 24/4/2024 15:00

All manipulation by the Big boys . Q1 result really bad - now share price back to earth - no one can buck the trend or defy gravity .
Those who went in to buy over 52p - now nursing with a loss .

[kawah2a2] 24/4/2024 14:42

Thought it would drop to 47p on results. Happy to be wrong

[jubberjim] 24/4/2024 14:16

Had dentist appointment this am

Got away with it this time

No real damage and got paid for a small chunk at 53 giving me much needed liquidity

So back on the prowl

Happy daze is here again aided and abetted by Marston's finest

Good luck everyone how long will it last

[freddie01] 24/4/2024 14:12

Miller Homes and Citra Living partner on Priorslee units



Miller Homes and Citra Living, which is part of Lloyds Banking Group, have partnered to create 100 private rented sector units in Priorslee, Telford.

The 100 units for Citra at Miller Homes' Roman Croft development will be completed in two phases, with 46 in the first phase and 54 in the second.

Handover is expected to be completed by July 2026.

Danny O'Connor, divisional managing director at Miller Homes, said: "We are pleased to have agreed a deal with Citra Living to deliver 100 homes for the private rented sector in Priorslee, and hope this forms the foundation for many more in the future.

"Miller Homes' Roman Croft development offers residents a blend of thriving town life and picturesque countryside living, with easy access to both Wolverhampton and Birmingham, and the Shropshire Hills on the doorstep."

Matthew Bench, group managing director – partnerships at Miller Homes, said: "Building private rented sector homes as part of our business model, like these for Citra Living, allows us to continue diversifying our portfolio, while creating new opportunities for land acquisition and supporting our overall growth ambitions to 6,500 homes per year."

Andy Hutchinson, chief executive of Citra Living, added: "Working with Miller Homes to deliver these more energy efficient new homes supports the delivery of our goal to help more people live in the place they want and in the kind of modern home they want to live.

"By teaming up with experienced, forward-thinking housebuilders, like Miller, we can bring more, better quality homes in great locations to the market more quickly."

[mr.elbee] 24/4/2024 13:56

and most of them may not be actual men

[utrickytrees] 24/4/2024 13:49

Weak cowards proliferate the upper echelons of most organisations because they're easy to manipulate.

[chinese investor] 24/4/2024 13:01

5p to 58p !

[marktime1231] 24/4/2024 12:51

Not adjusting motor finance provisions until the FCA report in September. Fair enough. Other impairments and provisions were modest. The rise in operating costs is rowing against the narrative that LLOY is the cost-efficient UK bank.

Curious that LLOY is basing its expectations for the year on inflation hovering around 2.3% so slightly above target, and yet they are bullish on BoE expecting three x quarter point interest rate cuts. 0.3% economic growth, a 1.5% rise in house prices. Which is all fine. But they see unemployment growing to 4.8% from 4.2% which presumably drives impairments.

I can't see where LLOY spell out that NIM has fallen to 2.95%, nor what they report as eps and tangible value-per-share figures, can anyone draw me to those details?

[skinny] 24/4/2024 12:48

The profit squeeze had been well reported over the last week or so and hopefully bodes well for NWG & BARC.

[jordaggy] 24/4/2024 12:45

Lloyds profits fall as competition for mortgages heats up
Pre-tax profits drop to £1.6bn between January and March, down from £2.3bn last year.

Kalyeena Makortoff Banking correspondent

Lloyds Banking Group has suffered a 28% drop in first-quarter profits amid tough competition for mortgages and savings, but bosses said they expected those pressures to soon ease, helped by an improving UK economy.

The country’s largest mortgage lender, which also owns the Halifax brand, said pre-tax profits dropped to £1.6bn between January and March, having fallen from £2.3bn last year when rising interest rates boosted the lender’s profits by almost 50%.

The bank’s chief financial officer, William Chalmers, said this reflected “keen pricing in the mortgage markets, and savings moving into higher rate accounts”. Competition and jitters in the mortgage market led to a drop in its total outstanding loan book.

It resulted in a 10% drop in net interest income, which accounts for the difference in loan charges versus what is paid out to savers, to £3.2bn in the three months to March.

Pressure from politicians and regulators to pass on interest rates to savers at the same rate they had been raising mortgage and loan charges has squeezed income for major mortgage providers such as Lloyds in recent months.

In response, banks have had to compete harder for customer deposits by offering more substantial returns, particularly on fixed savings products where consumers lock away cash for longer. It attracted £1.3bn in regular customer deposits but that failed to make up for the £3.5bn pulled by business clients.

However, Chalmers said these savings and mortgage pressures were likely to “ease through 2024”, as economic conditions continued to improve.

House prices, which Lloyds previously expected to fall by 2.2% in 2024, are forecast to rise by 1.5% by the end of the year.

The banking group, often seen as a bellwether for the UK economy, is also forecasting a steady improvement in economic growth, at a rate of 0.3% in most quarters and a drop in inflation to 2.4% – from 3.2% in March – resulting in a fall in interest rates to 4.5% by December. It expects the Bank of England to cut rates three times in 2024, starting in the middle of the year.

Chalmers said mortgage applications had already soared by 20% in the first quarter, which could translate into new home loans, and reverse some of its loan book losses. That partly reflected the group’s willingness to offer better interest rates in order to boost lending.

“We’re really pleased to see the pickup in applications, and development of our market share, in that respect. And I think that represents what is a series of competitive offers out there in the market, suiting our customer needs. We’d hope to maintain that ambition over the course of the year,” Chalmers said.

Overall, the banking boss said he expected the UK mortgage market to pick up by 5% by the end of 2024. “We’d hope to play a major part in it,” Chalmers added.

The improved economic outlook meant the bank was more confident that customers could repay their loans. Despite the cost of living crisis and higher mortgage repayments, which have weighed on borrowers, Lloyds set aside £57m for potential defaults, compared with £243m last year.

The Lloyds chief executive, Charlie Nunn, said: “The group is continuing to deliver in line with expectations in the first quarter of 2024, with solid net income, cost discipline and strong asset quality. Our performance provides us with further confidence around our strategic ambitions and 2024 and 2026 guidance.”

Investors had also been hoping for updates on the Financial Conduct Authority investigation into whether consumers have been charged inflated prices for car loans. Lloyds, which has the largest car loan division of the four biggest UK banks, has already put aside £450m – far short of the £2bn that analysts believe it could be on the hook for.

However, Lloyds did not give any more details about whether it might put aside more cash to cover potential fines or compensation for customers. The FCA has indicated that it will give more details on its findings by the autumn.

[smurfy2001] 24/4/2024 12:38

Natwest wants to kiss 300p.
Barclays wants to kiss 200p.

[diku] 24/4/2024 12:12

How did those migrants get fireworks?...and they carrying sticks...how come those migrants were intercepted by British coast guards...that report showing French police already there and seeing migrants doing a runner...so where were the French coast guards...didn't they radio the French coast guards...

[gotnorolex] 24/4/2024 12:08

With Putin for sure!

[mr.elbee] 24/4/2024 12:06

it was all just a shake

[mr.elbee] 24/4/2024 12:04

are we now at war with Russia officially? And will we get locked up if we protest against it?
WE HAVE A RIGHT TO KNOW!

[nemesis6] 24/4/2024 11:02

If sunak thinks rwanda is such a great idea....pay for it himself with wifeys pocket money from daddy lol