London close: Tesco and HSBC focus investors' attention
1st Sep 2014 17:21
- Chinese, Eurozone and UK manufacturing PMIs fall - Markets looking ahead to BoE, ECB, US jobs data - Perform jumps on Access Industries offer techMARK 2,858.54 +0.26% FTSE 100 6,825.31 +0.08% FTSE 250 15,957.13 +0.45% Figures showing a manufacturing slowdown in the Eurozone, UK and China capped
Read moreLondon midday: Weak global manufacturing data weighs on UK stocks
1st Sep 2014 12:06
- Chinese, Eurozone and UK manufacturing PMIs fall - Markets looking ahead to BoE, ECB, US jobs data - Perform jumps on Access Industries offer techMARK 2,855.71 +0.16% FTSE 100 6,816.49 -0.05% FTSE 250 15,922.73 +0.23% Figures showing a manufacturing slowdown in China, the Eurozone and UK were we
Read moreLondon open: Stocks slip on Chinese data, Ukraine tensions
1st Sep 2014 09:11
- Chinese manufacturing PMIs disappoint - Ukraine tensions high after Putin calls for "statehood" - Perform shares jump on Access Industries offer techMARK 2,857.65 +0.23% FTSE 100 6,811.96 -0.11% FTSE 250 15,922.03 +0.23% Weak economic data from China and ongoing geopolitical tensions in Ukraine
Read moreLondon pre-open: Little change expected on FTSE at opening bell
1st Sep 2014 07:47
UK stocks are expected to open little changed, despite a decent session in Asia overnight. City sources predict the FTSE 100 will open just two points below Friday's close of 6,819.75. The Hang Seng, Jikkei and Shanghai Composite all performed well overnight, following a strong finish in the US o
Read moreBarclays loses £500m on sale of Spanish units to Caixabank - UPDATE
1st Sep 2014 07:33
UK banking group Barclays is to offload part of its Spanish business to Caixabank as part of its non-core asset disposal programme, but said it would lose £500m on the sale. The retail banking, wealth and investment management, and corporate banking businesses in Spain - which represent total asset
Read moreMonday newspaper round-up: Barclays, BP, RAC...
1st Sep 2014 07:01
Barclays is selling its Spanish banking operations to CaixaBank as part of plans to shrink its European divisions. CaixaBank, Spain's third-largest lender, will pay €800m (£632m) in cash for Barclays' retail banking, wealth management and corporate banking businesses. - The Telegraph Alexander Teme
Read moreBarclays complaints fall by a quarter in first half
29th Aug 2014 15:08
Barclays said customer complaints fell by a quarter in the first six months of 2014, as cases of mis-sold loan insurance declined. The bank has a worldwide customer base of 48m and it received 284,000 complaints in the first half of 2014, a 26% decrease year-on-year. Complaints about insurance, the
Read moreThursday broker round-up UPDATE
28th Aug 2014 09:24
Antofagasta: Investec lowers target price from 720p to 719p and retains a sell recommendation. Arrow Global: Canaccord Genuity moves target price from 318p to 325p and keeps a buy recommendation. Numis downgrades from buy to add with a target price of 285p. Balfour Beatty: Berenberg moves target p
Read moreTuesday newspaper round-up: Barclays, Falling wages, Scotland
26th Aug 2014 07:56
Property investors are gearing up for court showdowns with Britain's banks over claims that they were mis-sold billions of pounds in complex interest rate derivatives. Barclays, Lloyds Banking Group and Royal Bank of Scotland are facing legal claims from property groups totalling more than £1.5bn, b
Read moreLondon open: Stocks flat as markets await speech from Yellen
22nd Aug 2014 09:13
- Yellen in focus ahead of Jackson Hole speech - Analysts speculate over dovish/hawkish stance - Petrofac chairman to step down, LSE falls - Banks, supermarkets rise techMARK 2,819.73 -0.00% FTSE 100 6,777.60 -0.00% FTSE 250 15,841.09 +0.02% UK stocks were barely changed in early deals on Friday a
Read moreSunday newspaper round-up: Mark Carney, Carillion-Balfour, Tesco
17th Aug 2014 15:49
The UK economy is more than halfway to full recovery, the Governor of the Bank of England (BoE) told the Sunday Times. Mark Carney, in an interview marking the first anniversary of his forward guidance policy, told the paper economic expansion was proceeding and that momentum was more assured. "Wher
Read moreFormer Barclays bosses "may face charges over Qatar payments"
15th Aug 2014 15:44
Barclays executives could face charges next month over secret payments the bank made to Qatari investors, Reuters news agency cited unidentified sources as saying on Friday. Former chief executives Bob Diamond and John Varley, former finance director Chris Lucas and former tax advisory boss Roger J
Read moreFriday newspaper round-up: Kurdish forces, SSE, Barclays
15th Aug 2014 07:08
David Cameron has said he is prepared to arm Kurdish forces in Iraq after a week of demands by Tory MPs and military figures for Britain to intervene in the conflict. Philip Hammond, the Foreign Secretary, is on Friday expected to tell his EU counterparts in Brussels that Britain is prepared to join
Read moreLondon midday: Stocks advance as rate-hike speculation eases
13th Aug 2014 12:08
- BoE strikes dovish tone as wages fall - Ukraine crisis, Asian data in focus - Ex-dividend stocks limit upside - Banking stocks lead upside techMARK 2,736.01 +0.28% FTSE 100 6,661.68 +0.44% FTSE 250 15,528.53 +0.41% An overall dovish tone to the Bank of England's (BoE) Inflation Report gave UK st
Read moreSunday newspaper round-up: Barclays, Carillion-Balfour, Ofgem
10th Aug 2014 18:30
Rona Fairhead, the former boss of the Financial Times, and Howard Davies, the ex-chief City regulator, are the two leading candidates to chair Barclays, the Sunday Times reported. Fairhead ran the FT for seven years and is a non-executive director at HSBC. Davies is the Government's favourite troubl
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