{"id":287450,"date":"2025-07-24T08:32:11","date_gmt":"2025-07-24T08:32:11","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/287450\/"},"modified":"2025-07-24T08:32:11","modified_gmt":"2025-07-24T08:32:11","slug":"stocks-rise-amid-hopes-the-eu-and-us-will-reach-trade-deal","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/287450\/","title":{"rendered":"Stocks rise amid hopes the EU and US will reach trade deal"},"content":{"rendered":"\n

Lloyds (LLOY.L<\/a>) reported a higher-than-expected pre-tax profit of \u00a33.5bn for the first half of 2025, a 5% jump as as the lender benefited from an increase in lending and savings balances.<\/p>\n

Underlying profits for the first half of the year rose 2% to \u00a33.56bn. Lloyds intends to pay an interim dividend of 1.22p, equivalent to \u00a3731m, representing a rise of 15% on a year ago.<\/p>\n

Profits were helped by a smaller-than-expected impairment charge for bad loans. City analysts had forecast a \u00a3591m provision, but the actual impairment was \u00a3442m, although this was still up from \u00a3101m at the same point in 2024.<\/p>\n

Underlying profit for the trimester rose by 32% year on year to \u00a32bn, earnings per share landed at 2.1 pence, and the cost-to-income ratio stood at 52.2%. Return on tangible equity rose 2.9 percentage points from the previous quarter to 15.5%.<\/p>\n

For the first six months of 2025, the lender’s net income added 6% to \u00a38.9bn, and earnings per share stood at 3.8 pence, up from 3.4 pence reported a year earlier.<\/p>\n

The UK’s biggest mortgage lender maintained its performance targets for the year, as improved house price expectations helped offset a decline in its economic outlook including higher unemployment expectations.<\/p>\n

Lloyds said total customer lending increased by \u00a311.9bn over the period, or 3%, driven by UK mortgages, with some 33,000 first-time buyers borrowing on a home.<\/p>\n

Customer deposits also grew by \u00a311.2bn, or 2%, following a strong season for ISAs, while more people moved money out of current accounts and into savings.<\/p>\n

Read the full article here<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Lloyds (LLOY.L) reported a higher-than-expected pre-tax profit of \u00a33.5bn for the first half of 2025, a 5% jump…\n","protected":false},"author":2,"featured_media":287451,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5174],"tags":[2000,299,5187,1699,1880,13128,103164],"class_list":{"0":"post-287450","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eu","8":"tag-eu","9":"tag-europe","10":"tag-european","11":"tag-european-union","12":"tag-ftse-100","13":"tag-trade-deal","14":"tag-trade-relations"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114907286388916372","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/287450","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=287450"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/287450\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/287451"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=287450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=287450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=287450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}