London close: Tesco and HSBC focus investors' attention
1st Sep 2014 17:21
- Chinese, Eurozone and UK manufacturing PMIs fall - Markets looking ahead to BoE, ECB, US jobs data - Perform jumps on Access Industries offer techMARK 2,858.54 +0.26% FTSE 100 6,825.31 +0.08% FTSE 250 15,957.13 +0.45% Figures showing a manufacturing slowdown in the Eurozone, UK and China capped
Read moreLondon midday: Weak global manufacturing data weighs on UK stocks
1st Sep 2014 12:06
- Chinese, Eurozone and UK manufacturing PMIs fall - Markets looking ahead to BoE, ECB, US jobs data - Perform jumps on Access Industries offer techMARK 2,855.71 +0.16% FTSE 100 6,816.49 -0.05% FTSE 250 15,922.73 +0.23% Figures showing a manufacturing slowdown in China, the Eurozone and UK were we
Read moreLondon open: Stocks slip on Chinese data, Ukraine tensions
1st Sep 2014 09:11
- Chinese manufacturing PMIs disappoint - Ukraine tensions high after Putin calls for "statehood" - Perform shares jump on Access Industries offer techMARK 2,857.65 +0.23% FTSE 100 6,811.96 -0.11% FTSE 250 15,922.03 +0.23% Weak economic data from China and ongoing geopolitical tensions in Ukraine
Read moreRBS first half complaints fall by a quarter
29th Aug 2014 17:24
Royal Bank of Scotland (RBS) said its customer complaints were down by a quarter in the first six months of 2014, as cases of mis-sold loan insurance declined. Complaints in the first half fell 26% year-on-year, RBS said, while its NatWest division registered a 24% decrease in customer dissatisfact
Read moreLondon midday: Profit-taking, Ukraine tensions hit UK stocks
28th Aug 2014 12:14
- Ukraine accuses Russia of invasion - Sentiment dampened by ECB uncertainty - CSR jumps on takeover hopes - Xaar plummets on weak guidance techMARK 2,838.91 -0.22% FTSE 100 6,799.21 -0.46% FTSE 250 15,898.75 -0.79% UK stocks retreated from an eight-week high on Thursday as renewed geopolitical te
Read moreFCA fines RBS £14.5m over mortgage advice
27th Aug 2014 08:23
Royal Bank of Scotland (RBS) has been slapped with a £14.5m fine by the City watchdog after it gave UK mortgage customers poor advice. The Financial Conduct Authority (FCA) conducted two reviews of sales made by RBS and its Natwest subsidiary in 2012 and found that in more than half of cases, "the
Read moreLondon pre-open: UK stocks set for modest dip early on
27th Aug 2014 07:45
London's stocks are expected to slide slightly lower at Wednesday's opening bell following strong gains the previous day. City sources predict the FTSE 100 will open around nine points lower than Tuesday's close of 6,822.76, ignoring the strong performance seen in both Asia and the US overnight, w
Read moreTuesday newspaper round-up: Barclays, Falling wages, Scotland
26th Aug 2014 07:56
Property investors are gearing up for court showdowns with Britain's banks over claims that they were mis-sold billions of pounds in complex interest rate derivatives. Barclays, Lloyds Banking Group and Royal Bank of Scotland are facing legal claims from property groups totalling more than £1.5bn, b
Read moreLondon open: Stocks flat as markets await speech from Yellen
22nd Aug 2014 09:13
- Yellen in focus ahead of Jackson Hole speech - Analysts speculate over dovish/hawkish stance - Petrofac chairman to step down, LSE falls - Banks, supermarkets rise techMARK 2,819.73 -0.00% FTSE 100 6,777.60 -0.00% FTSE 250 15,841.09 +0.02% UK stocks were barely changed in early deals on Friday a
Read moreRBS settles US copyright lawsuit over trading software
20th Aug 2014 17:50
Royal Bank of Scotland (RBS) has settled a copyright lawsuit in the US over its use of an important piece of software in its trade finance business, the lender said on Wednesday. RBS will be allowed to use Complex Systems' Bank Trade software and continue processing trade finance transactions acros
Read moreSunday newspaper round-up: Mark Carney, Carillion-Balfour, Tesco
17th Aug 2014 15:49
The UK economy is more than halfway to full recovery, the Governor of the Bank of England (BoE) told the Sunday Times. Mark Carney, in an interview marking the first anniversary of his forward guidance policy, told the paper economic expansion was proceeding and that momentum was more assured. "Wher
Read moreLondon midday: Stocks advance as rate-hike speculation eases
13th Aug 2014 12:08
- BoE strikes dovish tone as wages fall - Ukraine crisis, Asian data in focus - Ex-dividend stocks limit upside - Banking stocks lead upside techMARK 2,736.01 +0.28% FTSE 100 6,661.68 +0.44% FTSE 250 15,528.53 +0.41% An overall dovish tone to the Bank of England's (BoE) Inflation Report gave UK st
Read moreRBS hands directors £3.5m in shares
12th Aug 2014 21:17
Royal Bank of Scotland on Tuesday handed 10 directors share allowances worth £3.5m under a new plan by the bank to work around strict rules on bonuses. The directors were given just under 1.02m shares, but sold around 0.48m to satisfy an associated tax liability, the bank said. The sales raised aro
Read moreRBS awards 10 directors a combined £3.5m
12th Aug 2014 21:15
Royal Bank of Scotland on Tuesday handed 10 directors share allowances worth £3.5m under a new plan by the bank to work around strict rules on bonuses. The award of just under 1.02m shares comes at a time when executive pay at the state-backed lender is surrounded by controversy, with taxpayers sti
Read moreLondon close: FTSE ends higher as investor sentiment improves
11th Aug 2014 16:59
- FTSE closes up 65.46 at 6,632.82 - Geopolitical tensions ease, sentiment improves - UK home loans rise in June techMARK 2,727.40 +1.23% FTSE 100 6,632.82 +1.00% FTSE 250 15,460.73 +1.43% UK stocks registered a decent gain on Monday as investors took advantage of the bargains to be had following
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