London close: Stocks start the month with positive close

1st Mar 2024 15:06

(Sharecast News) - London's financial markets finished in positive territory on Friday, with investor sentiment buoyed by the recent easing of inflation in the United States, as market participants mulled the latest manufacturing data from the UK.

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Director dealings: Lloyds Banking chairman makes share purchase

26th Feb 2024 16:09

(Sharecast News) - Lloyds Banking Group revealed on Monday that chairman Robin Budenberg had acquired 1.0m ordinary shares in the FTSE 100-listed financial services giant.

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London close: Stocks rise amid raft of solid earnings

22nd Feb 2024 16:26

(Sharecast News) - London's stock markets finished in positive territory on Thursday, bolstered by upbeat performances from US AI chipmaker Nvidia and engine manufacturer Rolls-Royce.

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Lloyds FY profit soars, puts aside £450m for motor finance probe

22nd Feb 2024 07:03

(Sharecast News) - Lloyds Bank on Thursday reported a 57% jump in full-year profits and announced another £2bn share buyback, but also set aside £450m for the regulatory probe into UK motor financing.

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Thursday preview: Global PMIs, Lloyds in focus

21st Feb 2024 09:18

(Sharecast News) - All eyes on Thursday will be on a raft of purchasing managers' surveys due out in the euro area, UK and US covering the month of January.

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London close: Stocks rise as UK retail sales rebound

16th Feb 2024 14:59

(Sharecast News) - London's stock markets saw positive gains on Friday, buoyed by encouraging UK retail sales data and favourable earnings reports from NatWest.

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Santander reportedly lodges complaint about Nationwide ad

8th Feb 2024 13:50

(Sharecast News) - Santander UK has filed a formal complaint with Britain's advertising regulator over a Nationwide campaign which it claims "discredits and denigrates" the high street banking sector.

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Lloyds Banking Group to cut 1,600 jobs across branch network

25th Jan 2024 14:41

(Sharecast News) - Lloyds Banking Group said on Thursday that it will cut around 1,600 jobs across branches as it continues to shift its focus to online banking.

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Royal London tabling bid to buy bulk annuities from Lloyds - report

4th Jan 2024 12:56

(Sharecast News) - Life insurance, pensions and investments group Royal London is in discussions to purchase Scottish Widows' bulk annuities arm, according to Sky News.

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Lloyds to shut 45 branches

30th Nov 2023 09:57

(Sharecast News) - Lloyds Banking Group is to shut another 45 branches, it was confirmed on Thursday, as lenders continue to downsize their estates.

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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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