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Lloyds Banking Group admits they may fail
to accomplish their financial goals despite the lowered provisions for bad debt
in 3rd quarter. Lloyd's pre-tax profit
decreased from ВЈ820m pounds in 2nd quarter to ВЈ644m in 3rd creating a
total of 21% decline in profits. As economists are not expecting repo rate
increases from BoE, Lloyds may have to restrain its margins and postpone income
objectives set for 2014.