Lloyds share price edges up as buyback rolls on and BoE rate-cut bets sharpen
Lloyds Banking Group shares rose 0.4% to 104.9 pence in early London trading after the bank disclosed a buyback of 6 million shares at an average 103.78 pence. Investors are watching for the UK budget update on March 3 and the Bank of England’s policy decision on March 19. Lloyds remains exposed to possible costs from the motor finance mis-selling scandal.