Lloyds shares rise as UK bank rally offsets rate-margin worries
Lloyds Banking Group shares rose on Wednesday, joining a rally in UK domestic banks as softer inflation data eased near-term worries about a Bank of England rate increase, while leaving investors to weigh what a steadier rate path means for lender margins. The stock was quoted at 105.25p to sell and 105.30p to buy after the London market closed, up 1.75p, or 1.68%, Hargreaves Lansdown data showed. Trading volume was about 112.3 million shares.