Lloyds Edges Back Toward £1 as Buyback, Mortgage Reductions, Rate Moves Stay in Focus
Lloyds Banking Group shares slipped 0.1% to 99.06p after buying back 10 million shares and cutting mortgage rates, as investors weighed fresh buyback activity, a competitive UK mortgage market, and a “picture of stability” in the UK economy, with net interest income forecast above £14.9 billion for 2026.