Concerned about a delay in the recovery for Ireland's economy and asset prices, Lloyds (LYG...

|About: Lloyds Banking Group plc (LYG)|By:, SA News Editor
Concerned about a delay in the recovery for Ireland's economy and asset prices, Lloyds (LYG -3.7%) sees a further 10% of its £26.7B Irish portfolio becoming impaired by year-end, and sets aside £4.3B to cover losses. Lloyds is the worst performer on a flat FTSE 100 today.