Lloyds share price slips below 105p as NatWest’s Evelyn deal and rate-cut bets weigh on UK banks
Lloyds Banking Group shares fell about 2% to 104.73 pence in early London trading Monday, underperforming amid renewed UK rate-cut speculation after a close Bank of England vote. Investors also weighed NatWest’s £2.7 billion deal for Evelyn Partners and political pressure on sterling. Barclays results are due Feb. 10, with Lloyds’ annual report set for Feb. 18.