Lloyds continues dive as nationalisation fears mount

clock

Further selling of financials characterised London's leading stock exchange on Monday with the index down more than 24 points, or 0.6%, to 4,164.

After a torrid day on Friday when its shares fell as much as 40%, pessimism over the future of Lloyds Banking Group saw its value fall by 7.2 points (11.73%) with each share worth 54.2p. Barclays and Royal Bank of Scotland have also fared badly this morning. Barclays' share price dropped by 7.2 points (7.16%) while Royal Bank of Scotland Group's value decreased by 0.9 points (4.13%). Autonomy Corporation was the FTSE 100's biggest winner with its share price rising by 17 points (1.4%). Amid news Japan's economy shrank at an annual 12.7% pace last quarter, the most since the 1974 oil s...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Woodford IM hits back at FCA's enforcement action including £46m in fines

Woodford IM hits back at FCA's enforcement action including £46m in fines

WIM said it 'strongly disagrees' with the regulator's decision

Cristian Angeloni
clock 05 August 2025 • 3 min read
Regulator bans and fines Neil Woodford and Woodford IM £46m

Regulator bans and fines Neil Woodford and Woodford IM £46m

Woodford has appealed the decision to the Upper Tribunal

Cristian Angeloni
clock 05 August 2025 • 3 min read
Darius McDermott: The line between resilience and risk

Darius McDermott: The line between resilience and risk

'Trump has, for the most part, chickened out'

Darius McDermott
clock 29 July 2025 • 5 min read