(Alliance News) - The FTSE 100 fell sharply on Tuesday, as did UK bonds, with investors wary ahead of local elections and amid ongoing uncertainty in the Middle East. Read More
(Alliance News) - Shares in HSBC Holdings PLC were knocked on Tuesday as it reported higher than expected credit losses in its first quarter, including a surprise USD400 million fraud-related charge in the UK. Read More
(Alliance News) - The FTSE 100 closed lower on Wednesday, held back by falls in drugs firms GSK and AstraZeneca, while oil surged amid reports that the US is eyeing a longer blockade of the Strait of Hormuz. Read More
(Alliance News) - The FTSE 100 nudged higher on Tuesday as investors weighed the Middle East crisis and reports that OpenAI has missed internal targets for users and revenue. Read More
(Alliance News) - Stock prices in London were higher at midday on Tuesday, buoyed by strength in oil majors, although mid-caps lagged as investors continued to assess developments in the Middle East. Read More
(Alliance News) - Barclays PLC on Tuesday said it is confident delivering all its financial targets as it reported largely as expected first quarter results. Read More
(Alliance News) - Barclays reports a rise in first-quarter profit and announces a new share buyback, BP delivers earnings growth and a higher dividend as it benefits from elevated oil prices driven by the Iran war, and Coca-Cola Europacific Partners posts revenue growth. Read More
(Alliance News) - Vanquis Banking Group PLC on Monday became the latest lender to opt not to challenge the Financial Conduct Authority's motor finance redress schemes proposals. Read More
(Alliance News) - The UK's financial watchdog has been given a clearer path for its GBP9.1 billion motor finance compensation scheme after the main industry body joined major lenders in backing out of any legal challenge. Read More
(Alliance News) - GSK reports on a US court ruling in ongoing litigation, AstraZeneca announces US approval for a self-administered lupus treatment, while Harworth Group receives planning consent for a data centre development in Leeds. Read More
(Alliance News) - Close Brothers Group PLC has joined fellow lenders Barclays PLC, and Lloyds Banking Group PLC, in deciding against a legal challenge to the UK Financial Conduct Authority's motor finance compensation scheme, Sky News reported on Saturday. Read More
(Alliance News) - Barclays PLC has decided not to join the lenders challenging the UK Financial Conduct Authority's GBP9 billion compensation scheme for the motor finance scandal, Sky News reported on Friday. Read More