Lloyds Banking Group rose 0.91 to 35.3p. According to some, the part-nationalised lender benefited from reports that Tesco has delayed the launch of its current account banking service until next year. The news is a blow to Government attempts to reduce the dominance of Britain's big four high street banks.

Just nudged over 36p! Think I will hang on to see what happens this morning. Very good volume already!

Lloyds to axe 990 jobs, part of earlier job cuts

Feb 7 (Reuters) - Lloyds Banking Group announced 990 job cuts on Tuesday, which the part-nationalised British bank said formed part of last year's broader plans to axe 15,000 jobs across the company.

Still creeping in the right direction! And still hanging on to my stock, though finger poised over the sell button!

Harry, If in doubt get out.

I thought it was 'if in doubt, do nowt'? ;o)

Not now Kato!

Take your pick, but don't whatever you do.. lose the gain.

Cheers Stan. I agree with that. I wish those bl**dy greeks would sort themselves out. If they get another bailout, all banks should see a rise in their sp's, imo. If they default, then down we go! My feeling is that they will get more money, but.....who knows?

Personally favour a controlled exit - the more they stall hopefully the more likely this can become

thank god we're not in the heart of it as the liberal/looney left would want

37p here we come....hopefully!

Harry re post 3823 - its getting closer!

Yes. I am keeping an eye on your chart, but not obvious as to why 40p is your target?

Just the early August big blue candle from just north of 40p down to @35p.

O.K. I saw that one, but tend to watch the candles on the way up, which have stalled during sept/oct/nov at approx 38p. But, I bow to your wisdom and would be VERY happy with 40p!

Just don't tell the Greeks!

Summary from Soc Gen:
"Lloyds our top pick. As the sector benefits from the continuing shrinkage of non-core assets and confidence-boosting ECB liquidity provisions, the focus should shift from balance sheet safety towards sustainable returns. Lloyds scores well on this front given its leading UK retail banking market share and limited exposure to investment banking. In addition, we think that seeing the CEO present results will help the market move on from his leave of absence last year. We see good long-term value in Barclays, but we note that other investment banks have highlighted that Q1 12 is still difficult; this may hurt the share price given that investment banking revenues tend to be the key sentiment swing factor on results days."

There's your 37p.

Go Harry.. for god sake go

Are the Greeks sorted? - FTSE on viagra atm.