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European shares remained higher at lunchtime on Wednesday as stronger-than-expected German economic growth drove gains, investor sentiment was still tempered by inflationary fears.
Lloyds Bank reported a 72% slump in annual profits, reflecting the impact of the Covid-19 pandemic, but reinstated dividend payments and said it would focus on its insurance and wealth businesses.
European shares opened higher on Wednesday on the back of stronger-than-expected German economic growth, although gains were tempered by inflationary fears.
