LONDON BRIEFING: L&G profit falls on investments; M&S outlook rosy
15th Aug 2023 07:49
(Alliance News) - Stocks in London are expected to edge up at Tuesday's open, as investors weigh the latest economic data from the UK and Asia. Read More
(Alliance News) - Stocks in London are expected to edge up at Tuesday's open, as investors weigh the latest economic data from the UK and Asia. Read More
(Alliance News) - European equities tumbled on Wednesday with markets rocked by a US credit rating downgrade from Fitch, and the uneasy mood also did nothing for the pound on the eve of the next Bank of England decision. Read More
(Alliance News) - Aston Martin Lagonda Global Holdings PLC on Tuesday said it raised a total of GBP216.1 million from the share offer it had announced after the London market close on Monday. Read More
Tekmar Group PLC - Darlington, England-based provider of technology and services for global offshore energy markets - Agrees a renewal of its existing banking facilities with Barclays Bank PLC, part of Barclays PLC. Says the trade loan facility is extended until June 15, 2024, maintaining a facility of up to GBP4 million which can be drawn against supplier payments. Also says GBP3 million term loan facility under UK government's coronavirus business interruption loan scheme is extended by a further 12 months until October 31, 2024. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday: Read More
(Alliance News) - London's FTSE 100 ended higher on Thursday, while the euro plunged as a rate hike pause has entered into thinking of the European Central Bank. Read More
(Alliance News) - Investors seemed slightly unhappy with Barclays PLC's results on Thursday, despite the bank proposing a larger than expected share buyback of GBP750 million. Read More
(Alliance News) - Barclays PLC on Thursday said it showed "stability and strength" in the recent half year with higher return on equity and an increased dividend, and it confirmed positive guidance for all of 2023. Read More
(Alliance News) - Stock prices in London opened in the green on Thursday, as investors digested the latest swathe of corporate earnings, as well as Wednesday's interest rate announcement from the Federal Reserve. Read More
(Alliance News) - Stocks are called higher in London on Thursday, as investors anticipate the end to the Federal Reserve's monetary tightening cycle. Read More
(Alliance News) - NatWest Group PLC investors were left disappointed, but not surprised, on Wednesday by news of Alison Rose's departure, as the market calculated the scale of the reputational damage to the partly state-owned bank. Read More
(Alliance News) - City minister Andrew Griffith has summoned bank chiefs for a meeting to discuss how customers can be protected from "being de-banked" after Coutts cut ties with Nigel Farage. Read More
(Alliance News) - SSP Group PLC on Tuesday said it has completed the refinancing of its syndicated banking facilities, including a new GBP300 million four-year loan and undrawn GBP300 million revolving credit facility. Read More
(Alliance News) - Barclays PLC is preparing the sale of its consumer-finance business in Germany and has held preliminary talks with potential buyers, according to a Bloomberg report on Thursday. Read More
(Alliance News) - Stock prices in London closed sharply higher on Wednesday, as US inflation cooled more than expected in June, boosting investor confidence. Read More
(Alliance News) - The latest stress test from the Bank of England has shown major UK lenders would be able to weather an increasingly stress-hit macroeconomic scenario, according to analysts and the UK central bank. Read More
(Alliance News) - The Bank of England on Wednesday said the major UK banks were "resilient to a severe stress scenario", in its latest cyclical stress test results, with all eight surveyed lenders passing. Read More
(Alliance News) - Intuitive Investments Group PLC on Tuesday said it has named the experienced Nigel Rudd as its next independent non-executive chair, subject to it moving to a London listing on the Main Market, from its current position in the junior market. Read More
(Alliance News) - Ignite Luxembourg Holdings Sarl and Magnesita NV have extended the acceptance period to buy a stake in RHI Magnesita to July 21. Read More