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a healthy result for prisons biggest retail bank law aids and underlying pretax first quarter profit of two point two billion pounds that's at the top of the full cost range and up twenty one percent on a year ago results were boosted by a drop in bad debts which fell fifty nine percent royce's breaking views colorless dominic elliott says profit margins are up , the difference between the interest payments that lloyd's receives and those that they payouts that's improved a loss and us pretty good indicator future revenue growth as well unless you see not increase largely because of a home improvements in wholesale funding costs for lloyd's but also because they're running off some assets that were pretty inefficient , state tax linda's fortunes continue to turn around on to c. e. o. antonio horta rosario he says the results are reflection of a healthy u. k. economy and he's confident next week's election white change that is expecting growth in the u. k. economy of between two and a half and three percent of pretty impressive if of course forgets or not so that pretty positive about the way that you can is going and i think that some if that comes to cost and it'll be good news for all you can thanks lloyds was rescued at a cost of twenty billion pounds during the financial crisis it announced its first dividend since being bailed out in february says rose three percent on the results