London close: Stocks slip after mountain of broker notes

28th Nov 2023 15:30

(Sharecast News) - London's stock markets finished in the red on Tuesday as investors deliberated over the latest shop price data, as well as a deluge of broker notes.

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Sunday newspaper round-up: Tax cuts, The Telegraph, Tata Steel

19th Nov 2023 19:07

(Sharecast News) - The Prime Minister and his Chancellor are mulling last minute reductions to income taxes or the inheritance tax in a bid to boost economic output, as well as their party's odds at the next elections. The tax cuts would be aimed at low and middle income earners with the impact on inflation to be offset by a decrease on welfare payments or other cuts. Postponing a widely anticipated cut to the inheritance tax is also being looked into, as halving the 40% rate has seen accusations of a hand out to the rich in the midst of a cost-of-living crisis being levied against them. - The Sunday Times

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UAE lender to support Barclays family with £1bn bid for Telegraph - report

27th Oct 2023 11:04

(Sharecast News) - First Abu Dhabi Bank, the largest bank in the United Arab Emirates, is rumoured to be the backer of the Barclays family's £1bn bid for The Telegraph.

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Berenberg stays at 'hold' on Lloyds Banking

26th Oct 2023 11:44

(Sharecast News) - Analysts at Berenberg reiterated their 'hold' rating and 58.0p target price on financial services giant Lloyds Banking Group on Thursday, stating it still sees better opportunities elsewhere.

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London close: Stocks end choppy session mixed

25th Oct 2023 15:11

(Sharecast News) - London's stock markets closed with a mixed performance on Wednesday, as investors weighed a number of factors.

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Lloyds Bank Q3 profits surge despite lower lending

25th Oct 2023 07:01

(Sharecast News) - Lloyds Bank reported a massive jump in third quarter profits as it continued to cash in on higher interest rates, despite a reduction in lending to customers amid tough macroeconomic conditions.

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Barclay family looks to stall crucial court case - report

23rd Oct 2023 11:15

(Sharecast News) - The Barclay family is seeking to postpone a court case that would see insolvency proceedings get underway for one of their key holding companies, it was reported on Monday.

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UK banking stocks are undervalued, says Shore Capital

18th Aug 2023 10:22

(Sharecast News) - Shore Capital has reiterated its 'buy' ratings on six UK-listed banking stocks, saying the market is currently pricing in a "far worse outlook".

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FTSE 100 movers: Commodity stocks rise, Hiscox sinks

9th Aug 2023 16:16

(Sharecast News) - Mining stocks were up across the board on Wednesday, clawing back losses after a poor showing the previous session as weak economic data from China fuelled concerns over demand.

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Lloyds Bank interim profits surge 23%

26th Jul 2023 07:03

(Sharecast News) - Lloyds Bank on Wednesday reported another surge in earnings, although slightly below expectations, and set aside more cash for bad loans amid pressure to provide hard pressed savers better returns.

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Wednesday preview: Federal Reserve, Lloyds in the spotlight

25th Jul 2023 12:26

(Sharecast News) - All eyes on Wednesday would be on the U.S. Federal Reserve and whether or not it signaled that interest rates hikes would stop after this policy meeting.

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UK bank pass annual stress tests, says BoE

12th Jul 2023 07:21

(Sharecast News) - Eight major UK banks have passed annual capital stress tests and were well positioned to support households and businesses through a period of rising interest rates, the Bank of England said on Wednesday.

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FCA summons bank chiefs over low savings rate concerns

4th Jul 2023 07:24

(Sharecast News) - The Financial Conduct Authority (FCA) has called on the chief executives of major banks to address concerns over the low savings rates being offered to customers, it emerged on Tuesday.

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JPMorgan downgrades Lloyds to 'underweight'

26th Jun 2023 10:10

(Sharecast News) - JPMorgan Cazenove downgraded its stance on Lloyds on Monday as it took a look at UK banks.

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Broker tips: Lloyds, Cranswick, On The Beach

26th Jun 2023 07:40

(Sharecast News) - JPMorgan Cazenove downgraded its stance on Lloyds on Monday as it took a look at UK banks.

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