Lloyds Banking Group has revealed stronger-than-expected earnings over recent months, as the lender said it was seeing signs of improved confidence among consumers. The banking giant reported a pre-tax profit of £1.8 billion between July and September, about 2% lower than the £1.9 billion generated this time last year.
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00:00Hello, my name is Greg Wright. I'm the Deputy Business Editor of the Yorkshire Post and
00:06here are your headlines for this morning. Lloyd's Banking Group has revealed stronger
00:11than expected earnings over recent months, as the bank said it was seeing signs of improved
00:16consumer confidence. Lloyd's reported a pre-tax profit of £1.8 billion between July and September,
00:24which is about 2% lower than the £1.9 billion reported this time last year. It came in significantly
00:31ahead of the expectations of analysts, who had been anticipating a profit of about £1.6
00:38billion for the third quarter. It's an update this morning from Lloyd's Banking Group, which
00:43has revealed stronger than expected earnings over recent months, amid signs of improved
00:48consumer confidence. My name's Greg Wright. I'm the Deputy Business Editor of the Yorkshire Post.