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    Lloyds defeats earnings forecasts on back of climbing rate of interest UK lending institution lifts full-year assistance

    Lloyds defeats revenue forecasts on rear of climbing rate of interestUK loan provider raises full-year assistance however cautions skyrocketing inflation stays a threat for consumers fighting expense of living stress Lloyds Financial Group has reported more than expected quarterly revenue and raised full-year advice on the back of climbing interest rates, however advised that soaring rising cost of living remained a danger. The UK’s biggest home mortgage lender claimed pre-tax revenue in the three months to the end of June bordered up to ₤ 2.04 bn from ₤ 2.01 bn a year earlier, defeating analyst quotes of ₤ 1.6 bn. Increasing rate of interest as well as a boost in…

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