Louise Cooper Finance economics markets retail business

COOPERCITY report

Lloyds – generating capital and returning to the glory days..

Lloyds was always a well managed bank until it bought the disaster that was HBOS.  Well today’s 2016 full year results show signs of that well managed bank returning.  And the quality is apparent in many financial measures: Loan to value on Lloyds mortgage book is 44% For comparison RBS reported 57% last year Lloyds writes less risky mortgages.   When rates go up and some Britons find it tough to repay their monthly mortgage, this will be to Lloyds advantage (as it has been in the past during the financial […]

Maybe its time to be bullish??

Sterling fell throughout Carney’s speech, down 0.8% against $ and down 1.2% against Euro. So the currency markets viewed what he said as dovish – that rate increases are less likely. But the bond market was more unsure with the with 10 year gilt yield barely moved down just 7bps to 1.38%. However Carney increased GDP forecast which is normally hawkish – a […]

With Booker, Tesco get a prize..

Tesco has chosen vertical integration with the “merger” with Booker. Sainsbury’s choose horizontal diversification buying Argos Both deals show the continuing difficulties of the food retail business. Both strategies are worthy, although if you are committed to food retail, I prefer the Booker deal.   What it does say is that pressure is still huge on […]

Louise Cooper, CFA, columnist, commentator, speaker and reporter on today's economy and market activity – business, industry, money and personal finance.
'a brilliant communicator with the skill of
making the complicated
comprehensible…a superb depth of financial industry knowledge'
Justin Urquhart-Stewart

with the skill of
making the complicated
comprehensible…a superb depth of financial industry knowledge'
Justin Urquhart-Stewart

Louise Cooper, CFA, columnist, commentator, speaker and reporter on today's economy and market activity – business, industry, money and personal finance.
'a brilliant communicator with the skill of
making the complicated
comprehensible…a superb depth of financial industry knowledge'
Justin Urquhart-Stewart

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