Antonio Horta-Osorio

The latest quote from Antonio Horta-Osorio is: “Our performance is inextricably linked to the health of the UK economy which has been more resilient than the market expected post referendum.”. It comes from the Britain's Lloyds hits 10-year profit high as new era beckons article. You’ll find on this page 10 articles with Antonio Horta-Osorio quoted on topics such as UK, Lloyds Banking Group and card. Antonio Horta-Osorio has been quoted 14 times in 10 articles.

Antonio Horta-Osorio quotes

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Our performance is inextricably linked to the health of the UK economy which has been more resilient than the market expected post referendum.

Today's announcement that the UK Government is no longer our largest shareholder is a key milestone in the journey of Lloyds Banking Group back to full private ownership, returning taxpayers' money at a profit.

The acquisition... increases our participation in the expanding UK credit card market with a multi-brand strategy and advances our strategic aim to deliver sustainable growth as a UK focused retail and commercial bank.

It would accelerate its cost-cutting plan to help offset a more testing economic environment and a likely drop in demand for credit caused by Britain's vote to quit the European Union. Given the uncertainty, it is too early to determine the impact on our formal longer term guidance at this stage.

We made a strong start in 2015 to the next phase of our strategy and have delivered a robust financial performance, enabling increased dividend payments.

We absolutely consider ourselves back to normal. Its absolutely up to UKFI (which manages the government's shares) and the Treasury to decide how and when to dispose of those shares.

We expect the external environment to remain challenging in 2012, with a subdued economy, continued high levels of regulatory scrutiny and political uncertainty relating to the banking sector, and the continued potential for downside effects from financial market volatility and instability in the euro zone.

We have to do this. The bank has lost money and is losing money as you saw in Q1 and we have to get this bank back on its feet to support the UK economy and to get it profitable in order to pay taxpayers' money back.

This option (more branch sales) appears to be based on limited evidence and may paradoxically potentially delay a new competitor coming into the UK market.

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