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Monday,13 June 2022 at 17:37
Lloyds Bankwill give staff a £1,000 bonus this summer to help with the
increasing cost of living.
The lender will make the extra money available in August, with executives and
senior managers exempt.
It is understood that 99.5% of the workforce will benefit from the one-off
UK & European stocks
closed sharply loweras investor sentiment was dominated
by the prospect of forthcoming interest rate hikes.
U.S. stocks tradedlowerwith
traders betting a fresh decades-high print on inflation will force the Federal
Reserve to get even more aggressive than previously anticipated to help ease
a flare-up in Covid-19 cases in Beijing dented hopes of a Chinese demand
the dollar strengthened and Treasury yields rose as data showing surging
inflation in the U.S. fuelled bets for steeper rate hikes
At the close
FTSE 100 7,205 (-1.53%)
FTSE 250 19,160 (-2.61%)
DAX 13,427 (-2.43%)
Dow Jones 30,800 (-1.99%)
S&P 500 3,797 (-2.66%)
NASDAQ 10,975 (-3.22%)
UK 10-YR YIELD 2.529
Gold $1,829 (-2.27%)
Brent $123.19 +0.31%
Important - No news or research item should be construed as a recommendation to trade. The inclusion of securities within this report does not necessarily imply their suitability for individual portfolios or situations in respect of which further advice should be sought. Information contained in this report has been compiled from sources believed to be reliable but is not warranted to be accurate or complete.