Lloyds share price drops 1.6% in early London trade as inflation data lands, tariffs rattle banks
London, Jan 21, 2026, 08:39 GMT — Regular session Shares of Lloyds Banking Group (LLOY.L) dropped 1.6% to 100.75 pence by 0824 GMT, having started the day at 102.15 pence and dipping to a low of 100.50. The decline coincided with early selling across other UK banking stocks. (London South East) The drop is significant as Lloyds approaches a critical period where shifts in rate forecasts and consumer confidence could quickly change the narrative. Investors want clear insight into the lender’s interest income and credit losses following a solid rally in its shares. British inflation ticked up to 3.4% in