FTSE LIVE: Lloyds cheers ‘resilient’ UK economy


  • Whitbread to spin off Costa Coffee as a separate business
  • Housebuilder Persimmon has reported robust trading so far this year
  • Online fashion retailer Boohoo has reported surging full-year sales and profits 

This Is Money

Lloyds Banking Group has cheered a ‘resilient’ UK economy as it notched up a hike in first quarter profits, despite taking another £90 million hit from the payment protection insurance scandal. Meanwhile the FTSE 100 is in red territory. 

Advertisement



Source link