(Alliance News) - Stocks in London ended mixed on Wednesday as investors assessed Chancellor John Healey's first budget and looked ahead to an expected US interest rate hold. Read More
(Alliance News) - Chancellor John Healey on Wednesday said he was raising taxes on gambling operators and UK banks to help fund the energy support packages. Read More
(Alliance News) - The UK is set to hike bank taxes less steeply than feared, as Chancellor of the Exchequer John Healey seeks to balance the competitiveness of the City with the need to raise funds for voter giveaways in his first budget, Bloomberg reported on Wednesday. Read More
(Alliance News) - Stock prices in London opened lower on Wednesday, as investors braced for Chancellor John Healey's first budget and the US Federal Reserve's interest rate decision, while losses for GSK and Unilever weighed on the FTSE 100. Read More
(Alliance News) - Severn Trent's chief financial officer Helen Miles is set to leave the water utility to join housebuilder Vistry, while Informa lowers its full-year revenue growth outlook following further disruption in Saudi Arabia. Reckitt Benckiser adjusts its annual revenue growth guidance amid manufacturing constraints and slower demand in China. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
Barclays PLC - London-based bank - Barclays will start its new share buyback programme worth up to GBP500 million immediately after completing its existing GBP1.00 billion buyback, which began on July 29, it says. The new programme will be completed by April 16 next year. Shares repurchased under the programme will be cancelled to reduce share capital. Barclays picks JPMorgan Securities PLC to conduct the buyback independently on its behalf, with purchases taking place on the London Stock Exchange. Plans for the new share buyback were first announced by Barclays with its third-quarter results on Thursday, when it reported a 12% rise in pretax profit and said it will cut 5,000 jobs due to efficiencies from artificial intelligence. Read More
(Alliance News) - Barclays PLC has revealed it expects to have cut around 5,000 staff by the end of 2026 after turning to artificial intelligence (AI) to make the bank more efficient. Read More
(Alliance News) - Stock prices in Europe opened lower on Thursday, with a fresh bout of artificial intelligence sector worry, coupled with a lofty oil price due to ongoing Middle East tensions, keeping a lid on enthusiasm. Read More
(Alliance News) - Barclays PLC on Thursday reported lower-than-expected third quarter income and profit weighed by weak trading in its fixed income, currencies & commodities business. Read More
(Alliance News) - Barclays reports third quarter earnings below consensus, LSEG raises its outlook and announces an acquisition, while grocer Sainsbury's has upped the bottom end of its annual profit guide. Read More
(Alliance News) - European stocks sank on Monday following a weekend of protests in France, and despite a rebound in US technology stocks. Read More
(Alliance News) - European equities were on the decline on Monday afternoon, with markets rocked by French unrest and lingering artificial intelligence sector worries. Read More
(Alliance News) - The following are the leading risers and fallers among FTSE 100 and 250 index constituents on Monday. Read More
(Alliance News) - Stock prices in Europe opened lower on Monday, as traders digested another tech sell-off in New York, while dramatic events in France over the weekend hit shares in Paris, as well as those with exposure to the country. Read More
(Alliance News) - The Bank of England is examining whether traders at Barclays PLC misrepresented illiquid private credit loans to understate their risk after concerns were raised by an insider, the Financial Times reported on Monday. Read More
(Alliance News) - Stock prices in Europe opened mixed on Friday, but the mood in markets was calmer after a tech sell-off in Asia and US made way for more constructive trade overnight. Read More
(Alliance News) - UK Chancellor John Healey is poised to tax Britain's banks more heavily in his October 28 budget, to help offset the damage inflicted on the public finances by war in the Middle East, the Guardian reported late Thursday. Read More
(Alliance News) - Barclays PLC is planning to restart its equity capital markets business in India after nearly a decade, Bloomberg reported Tuesday. Read More