Lloyds Banking removes 171 roles
16th Mar 2022 12:13
(Sharecast News) - Banking giant Lloyds Banking Group revealed on Wednesday that it will cut 171 roles as a result of three change programmes.
Read moreLloyds takes stake in and board seat at TruFin's Satago
9th Mar 2022 14:40
(Sharecast News) - TruFin announced on Wednesday that, following the commercial pilot first announced in December 2020 and a competitive tender process, Lloyds Bank has confirmed its intention to licence Satago's software platform for its single invoice finance and whole-of-book invoice factoring customers.
Read moreDirector dealings: Lloyds chair buys 0.5m shares, Meggitt directors cover tax bills with sales
1st Mar 2022 14:02
(Sharecast News) - Lloyds Banking Group was at the top of the list of director buys on Tuesday, after its chair bought half a million of its shares.
Read moreLloyds Banking unveils £2bn buyback as profit surges
24th Feb 2022 07:31
(Sharecast News) - Lloyds Banking Group announced a £2bn share buyback as rising revenue supported higher annual profit but the lender's shares dropped on concern about the outlook.
Read moreSunday newspaper round-up: Vodafone Group, TSB, Inmarsat
30th Jan 2022 15:31
(Sharecast News) - Activist investor Cevian Capital has taken out a stake in Vodafone Group and is understood to have held talks in recent weeks regarding ways for the company to improve its performance. Cevian could push Vodafone to sell some of its assets around the world, strengthen key business lines or buy back shares, Bloomberg reported. Rumours regarding the outfit's vulnerability to a take over were already swirling last week with private equity outfits said to be circling. In order to ward off that threat, Vodafone has been considering acquisitions or a merger of its wireless towers with Deutche Telekom or Orange. It has also approached CK Hutchinson about a possible merger. - Financial Mail on Sunday
Read moreMorgan Stanley reiterates 'buy' for FTSE 100, highlights 'defensive' qualities
24th Jan 2022 12:13
(Sharecast News) - Analysts at Morgan Stanley sounded a 'bullish' note on the outlook for the FTSE 100, highlighting its greater 'defensive' properties relative to rivals, higher dividend yields versus global peers, exposure to energy and record low expectations for growth in the profits of its constituent companies.
Read moreBoE's Bailey flags risks of energy inflation becoming more embedded
19th Jan 2022 16:42
(Sharecast News) - A slower decline in energy prices than was expected up to just a few months ago risked embedding them for longer in overall inflation pressures, the Governor of the Bank of England said.
Read moreFormer Labour City minister Paul Myners dies at 73
17th Jan 2022 10:18
(Sharecast News) - Former Labour City minister Paul Myners, a key figure in helping the UK respond to the bank-induced 2008 financial crisis, has died at the age of 73, his family said on Monday.
Read moreDeutsche Bank upgrades shares of HSBC and NatWest Group to 'buy'
7th Dec 2021 16:31
(Sharecast News) - Analysts at Deutsche Bank sounded a positive note on the outlook for UK and Irish banks, telling clients that their business mix was becoming more profitable.
Read moreUK CPI will 'comfortably' exceed 5.0 per cent in April, BoE's Broadbent says
6th Dec 2021 13:01
(Sharecast News) - A top Bank of England official said that the central bank´s inflation forecast for the second quarter of 2022 may need to be raised.
Read moreMPC votes 7-2 to keep rates on hold
4th Nov 2021 10:49
(Sharecast News) - The Monetary Policy Committee stood pat on policy with fewer of its members calling for an interest rate hike than had been expected.
Read moreRBC Capital Markets raises target price on Lloyds Banking Group
1st Nov 2021 10:40
(Sharecast News) - Analysts at RBC Capital Markets raised their target price on retail bank Lloyds Banking Group from 51.0p to 54.0p on Monday. Following the company's third-quarter results.
Read moreLloyds ups guidance after Q3 beats forecasts
28th Oct 2021 07:17
(Sharecast News) - Lloyds Banking Group improved its full-year guidance after bad-debt writebacks helped results beat expectations in the third quarter.
Read moreThursday preview: ECB, Lloyds in the spotlight
27th Oct 2021 14:18
(Sharecast News) - All eyes will be on the European Central Bank on Thursday with investors expecting Christine Lagarde t0 push back on market pricing for tighter policy towards the end of 2022.
Read moreGovernment to link mortgages to green home improvements - report
19th Oct 2021 11:53
(Sharecast News) - The government wants to link mortgages to compulsory green improvements to homes, it was reported on Tuesday.
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