(Alliance News) - The Bank of England on Friday said the UK's high street banks are no longer "too big to fail" after it completed its assessment of the the eight "major" lenders in the country. Read More
TruFin PLC - London-based financial technology - Says subsidiary Satago Financial Solutions Ltd signs letter of intent to enter a partnership with Newcastle-based accounting software firm Sage Group PLC and lender Lloyds Banking Group PLC. TruFin says firms aim to embed a Satago-powered finance solution within Sage's software for small and medium-sized businesses to enable access to instant financing from Lloyds. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday afternoon: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday: Read More
(Alliance News) - The UK government on Wednesday said it would legally guarantee access to cash as banks increasingly shut branches in the digital age. Read More
(Alliance News) - Lloyds Banking Group PLC said on Tuesday it issued a notice of redemption for the entire outstanding amount of a notes issue. Read More
(Alliance News) - UK high street lenders saw net income surge in the first quarter of 2022, benefiting from rising central bank interest rates, but Berenberg has cautioned against run-away optimism. Read More
(Alliance News) - The FTSE 100 saw strong gains on Thursday fade away into the close, dragged down by losses in New York and a worrying outlook for the UK economy from the Bank of England. Read More
Distribution Finance Capital Holdings PLC - Manchester-based bank providing personal savings products and working capital to dealers and manufacturers - Hires Sheryl Lawrence to be senior independent non-executive director, starting on May 16. Lawrence currently is an independent non-executive director of home-collected credit provider Morses Club PLC. As an executive, she held senior roles at Barclays PLC, Lloyds Banking Group PLC and Banco Santander SA. As senior director at Distribution Finance, Lawrence replaces Mark Stephens, who was promoted to non-executive chair back in February. Read More
(Alliance News) - London's FTSE 100 underperformed as European equities recorded in a positive morning session on Friday, shaking off eurozone economic data that showed inflation continued to heat up, while economic growth slowed. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Friday: Read More
(Alliance News) - As the first quarter earnings season reached a peak on Thursday, a string of UK companies warned that rampant inflation will hurt profit margins and force them to raise prices to consumers. Read More
(Alliance News) - Stocks in London ended mixed on Wednesday as sentiment was stifled after Russia announced it would cease gas exports to Bulgaria and Poland, while heavyweight miners kept the FTSE 100's head above water. Read More
(Alliance News) - Investor sentiment stabilised in London midday Wednesday, helped by a bounce in banking and mining shares. Read More
(Alliance News) - Lloyds Banking Group PLC on Wednesday reported a drop in profit, as it built its credit reserves, but has increased its margin outlook for 2022 due to its "solid" performance. Read More
(Alliance News) - Stocks in London early Wednesday followed a lousy session in the US overnight, with the FTSE 100 dragged down by steep losses for industrial software firm Aveva. Read More
(Alliance News) - Lloyds Banking on Wednesday reported a dip in first quarter profit and noted that the outlook for the UK economy "remains uncertain", but the lender still upgraded its guidance for all of 2022. Read More
(Alliance News) - Stock prices in London are set to open higher on Wednesday, despite the brutal losses endured in New York overnight, though with sentiment downbeat following mixed US tech earnings and concerns over an escalation of tensions between Russia and the EU. Read More