LONDON BRIEFING: Stocks called down; BP launches share buyback
1st Aug 2023 07:50
(Alliance News) - Stocks in London are set to open marginally lower on Tuesday, amid of a slew of economic data across the globe. Read More
(Alliance News) - Stocks in London are set to open marginally lower on Tuesday, amid of a slew of economic data across the globe. Read More
(Alliance News) - HSBC PLC on Tuesday reported "broad-based profit generation" across its global operations in the first half, revising its annual guidance upwards slightly and announcing another quarterly dividend and share buyback. Read More
(Alliance News) - The UK competition watchdog on Tuesday accused HSBC Holdings PLC, Nationwide Building Society and TSB Banking Group of collectively letting down a total of nearly 170,000 customers by failing to provide payment transaction histories. 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) - UK Business & Trade Secretary Kemi Badenoch signed off UK membership to a major Indo-Pacific trade bloc, bringing British businesses a step closer to being able to sell to a market of 500 million people with fewer barriers. Read More
(Alliance News) - The FTSE 100 in London was lifted by banking stocks heading into Wednesday afternoon, after the Bank of England's latest stress test showed the sector to be "resilient". 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) - The following London-listed shares received analyst recommendations Friday morning: Read More
(Alliance News) - The City regulator said it had held a "constructive" meeting after summoning UK banks to discuss concerns surrounding interest rates for savers lagging behind the cost of mortgages. Read More
(Alliance News) - Stocks are called lower in London on Thursday, after hawkish minutes from the US Federal Reserve once again gave rise to interest rate fears. Read More
(Alliance News) - Bank chiefs are meeting Financial Conduct Authority officials on Thursday to discuss concerns surrounding interest rates for savers lagging behind the cost of mortgages. Read More
(Alliance News) - Stocks in London are to open a touch lower on Tuesday, with little in the way of catalysts for global markets, given a lack of major data and a holiday in the US. Read More
(Alliance News) - HSBC Holdings PLC's UK division and its First Direct unit have unveiled plans to boost savings rates. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning: Read More
(Alliance News) - JD Sports Fashion PLC on Tuesday said shareholders backed all its annual general meeting proposals, though not all went through without a hitch, as a motion to re-elect a non-executive director received sizeable opposition. Read More
Life Science REIT PLC - life science property-focused real estate investment trust - Refinances its existing GBP150 million term loan and revolving credit facility, which is secured on its existing portfolio. Says refinanced facilities provided by existing lender HSBC Holdings PLC, with the Bank of Ireland joining the syndicate as an additional lender. The facilities with HSBC and BoI now include GBP100 million fully drawn term loan, increased from GBP75 million, as well as a GBP50 million RCF, with the terms of both extended to March 2026. Additionally, now has GP35 million accordion facility on RCF. Read More
(Alliance News) - Stock prices in London were set to open higher on Tuesday, following a positive session for equities in Hong Kong and Shanghai. Read More