Five Growth Firms To Watch If The UK Economic Recovery Continues [Forbes]
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Lloyds Banking Group Plc American Depositary Shares (LYG)
US:NYSE Investor Relations:
lloydsbankinggroup.com/investors
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Source: Forbes
But the latest data on the UK's economic performance is encouraging. Figures just published by the Office for National Statistics reveal that GDP growth during the first quarter of the year, at 0.7%, was stronger than previously estimated. Indeed, the UK was the fastest-growing economy in the G7 during the first quarter of the year - and with the Bank of England now having succeeded in getting inflation down to its target levels, interest rate cuts could provide further support for growth. The UK's services sector, in particular, appears to be outperforming, while businesses in areas such as manufacturers are still struggling to accelerate out of the recession that hit the country last year. But there are bright spots across the economy, and business optimism now appears to be improving – one recent survey by Lloyds Bank found British businesses were feeling more confident than at any time in the past eight years. So, if the UK economy is now poised to accelerate, which growing bu
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LYG
News
- Lloyds Banking Group plc (NYSE: LYG) was upgraded by analysts at BNP Paribas from a "neutral" rating to an "outperform" rating.MarketBeat
- How Much Does A Mortgage Broker Charge In Fees? [Forbes]Forbes
- Lloyds Bank appoints group director of sustainability [Yahoo! Finance]Yahoo! Finance
- Labour Banks on Billions of Private Investment After UK Election [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Labour Banks on Billions of Private Investment After UK Election [Yahoo! Finance]Yahoo! Finance
LYG
Sec Filings
- 7/5/24 - Form 6-K
- 7/3/24 - Form 6-K
- 7/2/24 - Form 6-K
- LYG's page on the SEC website