BoE removes restrictions on bank dividends
13th Jul 2021 07:26
(Sharecast News) - The Bank of England has removed restrictions on bank dividend payouts introduced in the wake of the Covid-19 pandemic as the sector remains "well-capitalised" and "resilient".
Read moreSunak says banks should not pay much more tax
1st Jul 2021 12:19
(Sharecast News) - The chancellor indicated on Thursday he would scrap or reduce the bank surcharge to ensure banks do not pay much more when corporation tax rises.
Read moreBoE's Haldane warns inflation headed towards 4 per cent
30th Jun 2021 13:43
(Sharecast News) - Andrew Haldane warned in his last speech as the Bank of England's chief economist that policymakers risked losing control of inflation.
Read moreLloyds Banking Group to close 44 additional branches
23rd Jun 2021 11:59
(Sharecast News) - Britain's Lloyds Banking Group is axing an additional 44 bank branches across England and Wales in 2021, as part of a plan to cut costs.
Read moreCredit Suisse says markets 'consolidating' not 'correcting', unless ...
14th May 2021 12:46
(Sharecast News) - Stockmarkets are now set to consolidate, given that inflation is now "a bit more" of an issue, but they are not headed for a 'correction', says Andrew Garthwaite at Credit Suisse.
Read moreBoE stands pat, Haldane casts dissenting vote
6th May 2021 11:41
(Sharecast News) - The Bank of England stood pat on monetary policy on Thursday to support the recovery and ensure that consumer price inflation returned to its 2.0% target sustainably.
Read moreWednesday broker round-up
5th May 2021 13:43
(Sharecast News) - Lloyds Banking Group: RBC Capital Markets reiterates outperform with a target price of 5,100p.
Read moreNationwide lifts borrowing amount for first-time buyers
20th Apr 2021 10:36
(Sharecast News) - UK building society Nationwide is increasing the amount it will lend to first-time buyers in a move it claims will help increase home ownership.
Read moreShoreCap continues to see 'positive momentum' in UK banks' shares
19th Apr 2021 10:43
(Sharecast News) - ShoreCap analysts continued to see "positive momentum" in UK banks' shares on the back of successful Covid-19 vaccine rollouts.
Read moreMonday broker round-up
12th Apr 2021 13:21
(Sharecast News) - Lloyds Banking Group: Deutsche Bank upgrades to buy with a target price of 50p.
Read moreCredit Suisse reiterates 'positive' stance on UK Banks
12th Apr 2021 12:26
(Sharecast News) - Analysts at Credit Suisse reiterated their "positive" stance on UK banks ahead of the start of the earnings season for the sector.
Read moreDeutsche Bank upgrades NatWest ahead of Ireland exit
24th Mar 2021 12:35
(Sharecast News) - Deutsche Bank upgraded NatWest to 'hold' from 'sell' on Wednesday as it took a look at Irish banks after NatWest's announced exit from the country.
Read moreJP Morgan upgrades Lloyds Banking Group
22nd Mar 2021 09:14
(Sharecast News) - JP Morgan upgraded Lloyds Banking Group to 'overweight' and predicted the strengthening UK yield curve would end the underperformance of the country's banks.
Read moreLloyds Bank to become private landlord - report
5th Mar 2021 09:24
(Sharecast News) - Lloyds Banking Group is planning to become a large private landlord as it seeks new sources of revenue with interest rates at record lows, the Financial Times reported.
Read moreMonday broker round-up
1st Mar 2021 13:43
(Sharecast News) - Pennon Group: Barclays upgrades to overweight with a target price of 1,060p.
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