Britain's Lloyds Banking Group signalled that falling house prices, competition on savings and rising costs may crimp future returns after reporting flat profit growth for 2022.
The bank reported pre-tax profit of 6.9 billion pounds for 2022, unchanged on the previous year and in line with analyst forecasts it had compiled.
Expenses also rose 6% to 8.8 billion, partly due to rising wage bills as Lloyds boosted its staff bonus pool by 12% to 446 million pounds.
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