Business Context and Reporting Period
This Form 6-K filing by Lloyds TSB Group plc, dated January 11, 2007, reports a regulatory announcement regarding a change in the bank's Base Rate. The filing does not cover a financial reporting period but serves as a timely disclosure of operational policy changes.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The document is limited to an announcement of a rate adjustment.
Material Changes
Lloyds TSB Bank plc increased its Base Rate from 5.0% to 5.25%. This change applies to balances as at the close of business on January 11, 2007, and remains in effect until further notice.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, or discussion of risks and contingencies beyond the immediate rate increase. No unusual items were reported.
Investor Verification Points
- Confirm the effective date of the Base Rate increase (January 11, 2007).
- Verify the new Base Rate level (5.25%) against the previous level (5.0%).
- Monitor future announcements for the duration of this rate setting.