Wednesday preview: Federal Reserve, Barclays in focus
28th Jul 2020 12:32
(Sharecast News) - Some market commentary holds that policymakers at the Federal Reserve might strengthen their forward guidance on interest rates.
Read moreMonday broker round-up
14th Jul 2020 13:31
(Sharecast News) - Rotork: RBC Capital Markets downgrades to underperform with a target price of 275.0p.
Read moreBarclays' capital ratio stronger than expected
13th Jul 2020 11:18
(Sharecast News) - Barclays said its core capital ratio would be stronger than expected at the end of the second quarter but that its results for the period would be affected by a tough market for income and bad debts.
Read moreSunday newspaper round-up: Vouchers, Grocers, Boohoo
5th Jul 2020 15:59
(Sharecast News) - Radical plans to give all adults £500 and children £250 in vouchers to spend in sectors of the economy worst hit by the Covid-19 crisis are being considered by the Treasury. The proposals, drawn up by the Resolution Foundation think tank, which has had recent talks with the Treasury about its ideas, are aimed at kickstarting economic recovery by triggering a highly targeted surge in spending. Under the plans the vouchers could only be spent in certain sectors, such as hospitality and "face to face" retail, as opposed to online. - Guardian
Read moreUK banks escape probe into overdraft rises during Covid-19
1st Jul 2020 08:38
(Sharecast News) - UK banks were put on notice over overdraft pricing during the coronavirus crisis by the industry regulator on Wednesday, but escaped the threat of a full probe.
Read moreMonday broker round-up
22nd Jun 2020 13:30
(Sharecast News) - Ashmore Group: Berenberg downgrades to sell with a target price of 331p.
Read moreBoE's Bailey warns bank chiefs on Brexit - report
3rd Jun 2020 15:01
(Sharecast News) - The Governor of the Bank of England has told bank bosses to step up preparations for the UK failing to agree a trade deal with the EU, according to a report.
Read moreBanks say up to half of 'bounce back' loans could default - report
1st Jun 2020 09:44
(Sharecast News) - UK banks have warned that up to half the £18.5bn "bounce back" loans they make to small businesses during the Covid-19 crisis are unlikely to be repaid, according to a report.
Read moreBarclays creates top climate and citizenship role
11th May 2020 10:07
(Sharecast News) - Barclays has appointed its group chief of staff to a new executive committee post overseeing the bank's climate and social policies.
Read moreWednesday broker round-up
6th May 2020 13:16
(Sharecast News) - Hiscox: Jefferies upgrades to buy with a target price of 850p.
Read moreGerman court says some aspects of ECB bond buying programme are 'constitutional'
5th May 2020 10:04
(Sharecast News) - Germany's top Constitutional Court called into question the "proportionality" of the European Central Bank's main bond purchase programme, but did not call into question the basic outline of the monetary authority's strategy.
Read moreLargest UK companies expect sales drop of over 20% due to coronavirus
4th May 2020 10:27
(Sharecast News) - The UK's largest companies expect the coronavirus to reduce their sales by over a fifth in 2020 according to a survey published on Monday by Deloitte.
Read moreECB ready to increase emergency bond buying programme, use all tools
30th Apr 2020 14:09
(Sharecast News) - The European Central Bank kept the door open to ramping up its emergency bond purchase programme, all its policy tools in fact.
Read moreBarclays profit drops as bad debts surge in crisis
29th Apr 2020 07:03
(Sharecast News) - Barclays profit fell by more than a third in the first quarter as the bank set aside £2.1bn for bad debts during the Covid-19 crisis.
Read moreBoE urges banks to go easy on bad debts - report
27th Apr 2020 09:04
(Sharecast News) - The Bank of England has warned UK lenders to exercise restraint in booking charges for expected bad debts to preserve their capital positions.
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