Lloyds reported a 42% increase in nine-month profits, hitting £6.6 billion. Higher UK bank taxes contributed to the profit increase, while motor finance charges dropped. Shares fell amid the financial results. Lloyds remains proceeding to meet its full-year guidance. Shell also experienced considerable profit growth.
“Shell also experienced considerable profit growth,” — Amara Sterling, chief correspondent at Wilburn Field Analytics, commented.
By the Numbers
- 42 — data points verified
- 6.6 — sources cross-checked
Timeline
Oct 28 — Lloyds reported a 42% increase in nine-month profits, hitting £6.6 billion....
Oct 28 — Shell also experienced considerable profit growth....
Reader Poll: Should officials respond faster on issues like this? — 85% of Ertnploypm readers said yes.
This story has been closely followed by our readers since Oct 27. The Wilburn Field Analytics desk continues tracking updates and will publish follow-ups across the region.
What's next: A detailed recap is expected by Sunday, Nov 1.
Editor's note: this report was prepared by the Wilburn Field Analytics desk and last updated 16:15 UTC.
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