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LYG / Lloyds sees record demand for ISAs as savings race hots up

Lloyds sees record demand for ISAs as savings race hots up
Lloyds Banking Group PLC (LSE:LLOY) ‘s customers are opening record numbers of ISA's as they hunt for higher savings rates following the sharp increase in interest rates. The UK's largest lender said in its third quarter results it had seen a £3.9 billion rise in savings balances and a £3.2 billion drop in current account totals. Read More
Posted: Oct 25 2023, 06:49
Author Name: Proactive Investors
Views: 112281

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Lloyds to explore sale of bulk annuities worth 6 billion pounds - Bloomberg News

By Reuters
November 1, 2023

Lloyds to explore sale of bulk annuities worth 6 billion pounds - Bloomberg News

Lloyds , Britain's biggest mortgage lender, is said to explore the sale of some assets from its pension provider Scottish Widows worth 6 billion pound more_horizontal

The NIM party comes to an end for Lloyds and NatWest

By Proactive Investors
October 27, 2023

The NIM party comes to an end for Lloyds and NatWest

Putting the Nigel Farage debacle aside for a second, NatWest Group PLC (LSE:NWG) has more than just a PR minefield to navigate right now. The lender s more_horizontal

Lloyds Banking sets for more shareholder handout-outs, suggests BoA

By Proactive Investors
October 25, 2023

Lloyds Banking sets for more shareholder handout-outs, suggests BoA

Lloyds' third quarter numbers were a relief compared to Barclays, according to analysts at Bank of America, especially the reiteration of margins and more_horizontal

Lloyds sees record demand for ISAs as savings race hots up

By Proactive Investors
October 25, 2023

Lloyds sees record demand for ISAs as savings race hots up

Lloyds Banking Group PLC (LSE:LLOY) ‘s customers are opening record numbers of ISA's as they hunt for higher savings rates following the sharp incre more_horizontal

Lloyds back guidance as profit tops forecasts and bad debts fall

By Proactive Investors
October 25, 2023

Lloyds back guidance as profit tops forecasts and bad debts fall

Lloyds Banking Group PLC (LSE:LLOY) backed its outlook for 2023, including UK margin guidance, as it reported better-than-expected profits and a fall more_horizontal

Lloyds reports rise in Q3 profit, in line with forecasts

By Reuters
October 25, 2023

Lloyds reports rise in Q3 profit, in line with forecasts

Lloyds Banking Group reported third-quarter profit broadly in line with forecasts on Wednesday, as the revenue boost from higher interest rates was co more_horizontal

Will Lloyds deliver in the third quarter?

By Proactive Investors
October 20, 2023

Will Lloyds deliver in the third quarter?

Lloyds Banking Group PLC (LSE:LLOY) is due to report its results for the third quarter next Wednesday morning. UBS analysts said they are forecasting more_horizontal

Lloyds bank still a favourite for Citibank though sector has disappointed

By Proactive Investors
October 16, 2023

Lloyds bank still a favourite for Citibank though sector has disappointed

Lloyds Bank remains the pick of the UK banks at Citibank, though it admits the benefits of higher interest rates have yet to prove the boon it expecte more_horizontal


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