Bank of England flags heightened risks to UK financial system
2nd Dec 2025 09:33
(Sharecast News) - The Bank of England flagged increased risks to the UK's financial system on Tuesday, including sky-high valuations of tech companies, while also trimming the amount of capital banks need to hold in reserve.
Read moreReeves set to spare bank sector from tax raid, shares rally
25th Nov 2025 09:01
(Sharecast News) - UK bank shares rallied on Tuesday following a report that Chancellor Rachel Reeves is preparing to spare the sector from a tax raid in the Budget.
Read moreLife insurers clear stress tests - BoE
24th Nov 2025 13:45
(Sharecast News) - British life insurers could withstand severe market stress, the Bank of England confirmed on Monday, following a review of the sector's financial resilience.
Read moreCurve shareholder IDC Ventures files legal challenge to block sale to Lloyds - report
21st Nov 2025 16:20
(Sharecast News) - Curve's biggest external investor - IDC Ventures - has reportedly filed a legal challenge aimed at overturning the digital wallet provider's sale to Lloyds Banking Group.
Read moreLloyds buys digital wallet provider Curve
19th Nov 2025 07:17
(Sharecast News) - Lloyds Banking Group said on Wednesday that it has bought London-based digital wallet provider Curve for an undisclosed sum.
Read moreLloyds strikes £120m deal to buy digital wallet provider Curve - report
14th Nov 2025 14:30
(Sharecast News) - Lloyds Banking Group has reportedly struck a £120m deal to buy digital wallet provider Curve despite recriminations from shareholders about the distribution of the sale proceeds.
Read moreChancellor set to rule out tax hikes on banks - report
6th Nov 2025 09:44
(Sharecast News) - UK bank shares rallied on Thursday, on reports chancellor Rachel Reeves was minded to rule out increasing taxes on the sector.
Read moreLondon close: Energy, financial plays help lift markets
23rd Oct 2025 16:26
(Sharecast News) - London stocks advanced on Thursday, lifted by gains in energy and commodity shares after the United States imposed fresh sanctions on Russian oil majors, while investors weighed global trade tensions ahead of high-level talks between Washington and Beijing.
Read moreLloyds Q3 profits plunge 36% on car finance scandal costs
23rd Oct 2025 07:01
(Sharecast News) - Lloyds Bank on Thursday reported a 36% fall in third quarter profit after taking an extra £800m hit from the motor finance scandal.
Read moreLloyds hikes motor finance redress costs by £800m
13th Oct 2025 07:17
(Sharecast News) - Lloyds has announced it is putting aside a further £800m to cover compensation costs related to the motor finance mis-selling scandal.
Read moreLloyds buys remaining stake in SPW from Schroders
9th Oct 2025 10:44
(Sharecast News) - Lloyds Banking Group said on Thursday that it has bought the remaining stake in its wealth management and advice business joint venture with Schroders, Schroders Personal Wealth (SPW).
Read moreLloyds expects 'material' extra provisions for motor finance redress
9th Oct 2025 07:05
(Sharecast News) - Lloyds has revealed it will need "material" additional provisions to provide redress to customers in the motor finance mis-selling scandal.
Read moreLenders to pay £11bn redress in motor finance scandal, FCA rules
8th Oct 2025 07:18
(Sharecast News) - Lloyds Banking Group has said it is "assessing the implications" of an announcement by the Financial Conduct Authority to charge motor finance lenders £11bn in compensation for unfair practices.
Read moreRBC Capital says Quilter is potential takeover target for LLoyds, shares jump
7th Oct 2025 09:23
(Sharecast News) - Quilter shot to the top of the FTSE 250 on Tuesday as RBC Capital Markets suggested it could be a potential takeover target for Lloyds.
Read moreLondon close: Stocks finish weaker on mixed UK data
19th Sep 2025 17:54
(Sharecast News) - London stocks ended lower on Friday as mixed economic data and weakness in heavyweight banking shares dragged on sentiment.
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