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Breakingviews: Lloyds dividend possible.

Tuesday, October 28, 2014 - 04:16

The UK bank’s shares show stress test strains. But capital fears aren't bad enough to delay the resumption of a dividend, says Breakingviews.

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Well I didn't like Lloyds up buying shares of Schering out a little bit of stress tests strain this morning with capital affairs. And about enough to delay the resumption of dividends for much longer so says George steroids break you used. It he's in this you dad's friend that now I'm I'm just looking at some of the analysts matters this morning Georges it's not what the Dallas thing commits so most of the analysts I've read out as saying. Don't expect to dividend this year. This year little critical to write yet well I mean with things he knew Robin makes it that says. That doesn't necessarily mean these fuel and it could mean 2015. Waltz I mean I would I would messy discounted that when he fourteen Nicole's. The actual things that people worry that by. Brought amendment. He's he's using stress test yet wet though it came time with a six point seats and called it one race today. Guns but both seemed. The UK banks. Pol to space in that stress tests looked O officially laid it happens both teams that pays. Nicole's speedway today kind of cool publicly capsule in each case tougher state UST kind of through school that I. And Lloyd's would lead from 620 to know include cities that makes you that's I think that's fine. And everyone seems speaks evening could pianist until my. They seem to be seeming bits and BP already stressed that since you evasive and hold the east Texas. That's coming in December is gonna following that always has because capital hole then. People would be seen and I didn't want the summit we didn't mean it sitting nepotism. Says that. Steve there's a number of things in the EPA stress tests on Sunday which are CME was Obama's office back to bouncy castle December. And BB UK one has been so I have a lot more stuff that Bluetooth on some things. So I think is much more could've they certainly know come drivers they will people have to. Okay I'm. Let's look at the restructuring is dogs of course the the worry this justices once and have been the reception on thousands shops. Sort of branch closures I think. All told you knew when when when we look will be. Torre and fifteen you prongs is only about 6% drop in and in. The total branch network and yet. Is fast enough time restructuring. To. Item two plan to your argument these dividends for the consumer. Well I mean what they're saying is offensively that's been I mean these these costs them. When he d.'s current recession with co something that she's spending one point six billion between now and the end it went seventeen to achieve that. Then you both look through that and say. What does that cost base can be Altima and knots in the community and Lara. That's quite low we will some of the analysts think it's me that's at least 1015 cents basic EPS. Innings. Say. If he looks at me pretty good team but literally six months' time. That says that doesn't really change that means it's almost if you are looking in it properly through the cycle. And they can indeed it's which speed is that what's bizarre is that he is it physical track record of delivering these countries. And then you look and saying well okay will that's an insanity to me creepy element is that. Still sort of cheat if they can actually do opus if some people much technical. So. You think Kim. That it was a dead that would there was there was one thing to throw him it was an innate within detonated it puts it the PPL itself. The federal deficit and get a few weeks elements that actually I'll believe you have an Donna everybody is actually I mean luck titled believe. Please the paper bags they're still kind of outings in every bit. Does that always alone is eleven and a half billion and I'm not mono BA and I might appear if so these children and that raises and it's going to be a stand on its NC fees in a row of the blaze was bought both possible have been able to get to a Spencer absentee from that. George chase breaking news said the US shows itself at least 60000 GMT IMAX throughout.

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Breakingviews: Lloyds dividend possible.

Tuesday, October 28, 2014 - 04:16