Ex-BoE Governor Mervyn King warns of 'excessive complacency' on inflation
1st Mar 2021 12:34
(Sharecast News) - Central bankers need to be ready for inflation to move in either direction, former Bank of England Governor, Mervyn King, said.
Read moreThursday broker round-up
25th Feb 2021 13:49
(Sharecast News) - Medica Group: Liberum initiates at buy with a target price of 200p.
Read moreLloyds annual profits plunge 72%, reinstates dividend
24th Feb 2021 07:01
(Sharecast News) - Lloyds Bank reported a 72% slump in annual profits, reflecting the impact of the Covid-19 pandemic, but reinstated dividend payments and said it would focus on its insurance and wealth businesses.
Read moreWednesday preview: Lloyds Banking Group in the spotlight
23rd Feb 2021 11:28
(Sharecast News) - The flow of economic data is scheduled to slow in the middle of the week with the spotlight expected to fall on a final reading for German gross domestic product in the last three months of 2020.
Read moreSunday newspaper round-up: Lloyds, John Lewis, Marks and Spencer
21st Feb 2021 18:31
(Sharecast News) - Lloyds chief Antonio Horta-Osorio will this week preside over his final set of annual results before leaving the saddle at the Black Horse bank. [...] Lloyds surprised the City in October by setting aside less cash than expected to cover bad loans. But analysts reckon the bank is likely to have become more cautious amid the two subsequent lockdowns. With bank dividends back on the agenda, a 1p a share payout for 2020 is expected, which could reach 2p but remains well short of the 3.2p divi as recently as 2018. Maybe Horta-Osorio will give investors a lift with a surprise parting gift. - Financial Mail on Sunday
Read moreCiti stays at 'buy' Lloyds and NatWest Group, but 'neutral' towards most lenders
8th Feb 2021 11:52
(Sharecast News) - Analysts at Citi reiterated their 'buy' stance for shares of NatWest Group and Lloyds, but stayed at 'neutral' for most of the UK's domestic and international banks.
Read moreLloyds to cut 160 jobs at Isle of Man call centre
4th Feb 2021 16:19
(Sharecast News) - As many as 190 jobs at Lloyds Banking Group are at risk, with the lender looking to cut staff at its Isle of Man call centre, which primarily helps business banking customers.
Read moreCrisis hits more than 500 UK company dividends
6th Jan 2021 11:01
(Sharecast News) - More than 500 UK-listed companies scrapped, cut or suspended dividend payments in 2020 as the Covid-19 crisis threatened their finances, a survey showed.
Read moreLloyds Bank scraps all bonuses as crisis hits profit
18th Dec 2020 13:50
(Sharecast News) - Lloyds Banking Group has scrapped all staff bonuses for 2020 because of a drop in profit caused by the coronavirus pandemic, the Financial Times reported.
Read moreLloyd's to quit fossil fuel investments by 2022
17th Dec 2020 10:13
(Sharecast News) - Lloyd's, the world's biggest insurance market, said it would no longer invest in fossil fuel projects from January 2022 and would pull insurance on existing investments by 2030. .
Read moreFederal Reserve 'tweaks' QE guidance to easier for longer
16th Dec 2020 19:59
(Sharecast News) - The Federal Reserve 'tweaked' its guidance for asset purchases on Thursday night, from time-based to outcome-based.
Read moreFCA fines halve in 2020 as number hits record low
16th Dec 2020 08:38
(Sharecast News) - Fines imposed by the Financial Conduct Authority have more than halved in 2020 as the number of penalties has dropped to a record low.
Read moreS&P says UK sovereign debt rating might come under pressure in 'no deal' Brexit
14th Dec 2020 14:15
(Sharecast News) - One of the world's top three credit rating agencies said a 'no deal' Brexit could see its rating for the UK's sovereign debt come under pressure should it complicate the outlook for the economy and fiscal consolidation.
Read moreBoE doing extensive work on possible impact of adopting negative interest rates
11th Dec 2020 12:43
(Sharecast News) - Extensive work was being carried out at the Bank of England on the possible implications and practicalities around adopting negative interest rates.
Read morePound falls as Brussels warns talks likely to fail
11th Dec 2020 10:22
(Sharecast News) - The pound fell against the euro and the dollar after Ursula von der Leyen warned trade talks with the UK were likely to fail.
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