Lloyds share price slips in London as buyback rolls on and UK rate-cut bets loom
Lloyds Banking Group shares fell 1.4% to 100.95 pence by late morning in London after weak UK GDP data heightened expectations for a Bank of England rate cut. The bank disclosed a 10 million share buyback on Feb. 12 and published its annual report, with no new financial figures. Investors await Lloyds’ Q1 update on April 29 and the April 9 ex-dividend date.