About: http://data.cimple.eu/news-article/7059f4f689d38686891a36e894e2adfec1453390cf833a9d7e2d89d9

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About: http://data.cimple.eu/news-article/7059f4f689d38686891a36e894e2adfec1453390cf833a9d7e2d89d9 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	British bank Lloyds on Wednesday announced a surge in net profit during the first quarter on lower-than-expected credit losses and economic recovery in the wake of the coronavirus pandemic. Profit after tax grew to £1.4 billion ($1.9 billion, 1.6 billion euros), "supported by business momentum and a release of expected credit loss provisions, given the improved economic outlook", Lloyds Banking Group said in a statement. That compared with profit after tax of £480 million in the first three months of 2020. Lloyds depends on the country's economic performance as retail banking is its core business. "The coronavirus pandemic continues to have a significant impact on people, businesses and communities in the UK and around the world," cautioned the bank's outgoing chief executive Antonio Horta-Osorio. "Whilst we are seeing positive signs, notably the progress of the vaccine roll-out and the emergence from lockdown restrictions, the outlook remains uncertain." bcp/lth
schema:headline	Lloyds bank says quarterly profits surge
schema:mentions	Antonio Orozco Lockdown Pandemic United Kingdom Vaccine Severe acute respiratory syndrome coronavirus 2 Retail banking Lloyds Banking Group Microsoft Outlook Momentum
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-04-28 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	73 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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