Sector movers: Investors seek out value in 'bombed out' Aerospace, Bank shares
3rd Nov 2020 11:30
(Sharecast News) - Aerospace and Defence names extended their gains from the preceding session on the back of analysts' upgrades, some of whom had pointed out that the historic valuation discount versus the broader market, defined as the Stoxx Europe 600, that they had reached in October.
Read moreNatwest posts forecast-beating Q3 profit
30th Oct 2020 07:13
(Sharecast News) - UK taxpayer-owned bank NatWest on Friday reported better-than-expected third quarter profits and made lower bad debt provisions relating to the coronavirus pandemic.
Read moreFriday preview: US tech giants, Natwest in the spotlight
29th Oct 2020 11:22
(Sharecast News) - The focus at the end of the week will be firmly on the US technology sector as investors digest the results from three of the biggest corporate names globally, Apple, Amazon and Facebook.
Read moreBrexit deal may be ready by early November - Bloomberg
28th Oct 2020 14:34
(Sharecast News) - A Brexit deal could be ready by early November after progress made by negotiators in unblocking disagreements on maintaining a s0-called 'level playing field' between the UK and the European Union.
Read moreJP Morgan sees increasing chances of capital returns from UK banks in 2021
26th Oct 2020 12:31
(Sharecast News) - "We believe it's hard to overstate the importance of [a successful Brexit deal] (despite lower economic impact) for UK bank share prices as well as potential capital return," analysts at JP Morgan said.
Read moreBoE's Vlieghe mulls further stimulus as Covid risk rises
20th Oct 2020 08:43
(Sharecast News) - The Bank of England's Gertjan Vlieghe looked to give some cautious support for negative interest rates on Tuesday, as he warned of a "tremendous challenge ahead" for the UK economy.
Read moreCiti sees contrarian 'opportunity' in UK banks
12th Oct 2020 12:40
(Sharecast News) - Analysts at Citi reiterated their 'buy' stance on several of the UK's largest lenders, citing the likely resumption of dividend payments from February 2021 onwards among some of the positives for the group.
Read moreMortgage approvals surge to 13-year high
29th Sep 2020 10:48
(Sharecast News) - Mortgage approvals soared to a near 13-year high in August, official data showed on Tuesday, as the stamp duty holiday helped further boost pent-up demand.
Read moreBank Rate has likely bottomed, BoE's Ramsden says
28th Sep 2020 13:28
(Sharecast News) - A top Bank of England official said he believed that 0.1% was likely to prove the floor for the price of money in the UK.
Read moreThursday broker round-up
24th Sep 2020 13:56
(Sharecast News) - Centrica: JP Morgan upgrades to overweight with a target price of 60.0p.
Read moreCredit Suisse sees room for capital returns at NatWest Group
24th Sep 2020 13:00
(Sharecast News) - Credit Suisse reiterated its 'neutral' stance on shares of NatWest Group following a meeting the day before with the lender's finance chief.
Read moreBoE's Bailey says MPC did not signal rates were set to go negative
22nd Sep 2020 12:14
(Sharecast News) - Rate-setters in the Bank of England are not near cutting interest rates into negative territory nor signalling such a move.
Read moreFCA says regulators face 'painful lessons' from upcoming autumn reviews
22nd Sep 2020 08:11
(Sharecast News) - UK regulators face "painful lessons" from upcoming reviews that will question how customers are and should be protected, the Financial Conduct Authority CEO said on Monday.
Read moreNatWest mulls wind-down of Ulster Bank in Republic - report
18th Sep 2020 10:06
(Sharecast News) - NatWest is considering winding down Ulster Bank's operations in the Republic of Ireland after the Covid-19 crisis made the task of reviving the business harder, according to a report.
Read moreFCA tells lenders to give extra help to mortgage borrowers
26th Aug 2020 11:26
(Sharecast News) - The Financial Conduct Authority has told lenders to provide extra support for mortgage customers in difficulty after payment holidays run out in October.
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