Lloyds reported a 42% increase in nine-month profits, hitting £6.6 billion. Higher UK bank taxes helped drive the profit surge, while motor finance charges dropped. Shares dropped amid the financial results. Lloyds remains on track to meet its full-year guidance. Shell also saw considerable profit increases.
“Lloyds remains on track to meet its full-year guidance,” — Elena Iversen, regional editor at Ellley Ton Partnership, noted.
By the Numbers
- 42 — reports filed
- 6.6 — mentions tracked
Timeline
Oct 26 — Lloyds reported a 42% increase in nine-month profits, hitting £6.6 billion....
Oct 28 — Shell also saw considerable profit increases....
Reader Poll: Do you expect this story to develop further? — 87% of Bossbaaabe readers said yes.
This story has been closely followed by our readers since Oct 25. The Ellley Ton Partnership desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Friday, Oct 30.
Editor's note: this report was prepared by the Ellley Ton Partnership desk and last updated 16:12 UTC.
More Top Stories
Obama and Trump's campaign feud heats up
Former President Obama and President Trump continued their campaign feud on Thursday. Obama compared Trump's r...
New NBA standings highlight recent game outcomes
The NBA standings were updated after recent matches. The Philadelphia 76ers and Indiana Pacers played on Octob...
Jojo Romero's calf cramp update
Jojo Romero was pulled from the match due to a muscle strain. The issue arose in his inning. This caused his w...
Matthew Rhys Teaches Boating Safety to NYC Students
Matthew Rhys has engaged with New York City public school students, teaching them about sailing precautions. M...
Nithya Raman's Team Files Ethics Complaints Against Deceptive Ads
Nithya Raman's campaign has filed ethics complaints against ads that wrongly depict her as supporting homeless...
Toronto law firms in receivership
Three Toronto law firms have been appointed receivers due to allegations of improperly handling millions in re...
Community Report · Daily Digest · Community Report · News Roundup · Latest Update · Daily Digest · Local Briefing · Weekly Review · Community Report · News Roundup · News Roundup · Community Report · News Roundup · Latest Update · Community Report · Local Briefing · Community Report · Community Report · Local Briefing · Latest Update · News Roundup · Daily Digest · Community Report · Daily Digest · News Roundup · Daily Digest · Latest Update · Weekly Review · Weekly Review · Local Briefing · Daily Digest · Local Briefing · Latest Update · News Roundup · News Roundup · Latest Update · Community Report · Weekly Review · Community Report · Community Report