(Alliance News) - The FTSE 100 and sterling rallied, while the bond market calmed on Thursday as Keir Starmer supported his chancellor, reassuring markets that a change at the Treasury wasn't on the cards. Read More
(Alliance News) - Equities in London underperformed European counterparts on Wednesday, as worries over the future of the UK chancellor hit investor sentiment, knocked the pound and rocked bond markets. Read More
(Alliance News) - Banco Santander SA on Tuesday said it will acquire British high street lender TSB Banking Group PLC from Banco de Sabadell SA in a GBP2.65 billion all-cash deal. Read More
(Alliance News) - Saga PLC on Tuesday reported that it "remains on track" for the full year as all businesses are performing in line with its guidance. Read More
(Alliance News) - London's FTSE closed down on Monday as traders awaited Tehran's response to US strikes on Iranian nuclear facilities over the weekend. Read More
NatWest Group PLC - Edinburgh-based bank - Jen Tippin, group chief operating officer, and Angela Byrne, interim chief executive officer for Retail Banking, sell 90,399 shares in total at GBP5.12 to GBP5.15, worth GBP464,763, on Thursday last week. Tippin sells 63,799 shares and Byrne sells 26,600. Read More
(Alliance News) - NatWest Group PLC has ruled itself out of bidding for UK high-street bank TSB Banking Group PLC, the Financial Times reported on Wednesday. Read More
(Alliance News) - Banco de Sabadell SA on Tuesday confirmed it has received interest from prospective buyers of its UK division TSB Banking Group PLC. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - AIB Group PLC on Tuesday confirmed its return to private ownership, as the Irish government divested its remaining shares in the bank. Read More
(Alliance News) - The world's biggest banks significantly increased their fossil fuel finance in 2024, according to an analysis. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - The UK government has sold its remaining shares in NatWest Group PLC and confirmed a GBP10.5 billion loss since the bank was rescued by UK taxpayers during the 2008 financial crisis. Read More
(Alliance News) - The UK government plans to sell its remaining 0.9% stake in Edinburgh-based retail bank NatWest Group PLC, Sky News reported on Thursday. Read More
(Alliance News) - London's FTSE 100 was called higher on Friday, as the UK government prepares to sell its remaining stake in NatWest and a US appeals court allows the temporary continuation of President Donald Trump's global trade levies. Read More
Derwent London PLC - London-based property investor and developer - Raises GBP250 million through a 7-year sterling-denominated senior unsecured bond with a 5.25% coupon. The proceeds will be used to repay debt, refinance near-term maturities, and support its development pipeline, including the GBP150 million Holden House W1 project. The bonds are expected to be rated A- by Fitch and will trade on the London Stock Exchange. Read More
(Alliance News) - Stocks in London made strong gains on Tuesday, shrugging off hawkish comments from a leading Bank of England official, as well received earnings set the upbeat tone. Read More
(Alliance News) - Rachel Reeves, the chancellor, has told UK bank bosses she is "open-minded" about reforming the industry's ring-fencing regime amid a concerted push to abolish the most significant regulatory burden introduced after the financial crisis, Sky News reported on Tuesday. Read More
NatWest Group PLC - Edinburgh-based bank - Says the UK Treasury has 0.90% stake in NatWest as of Wednesday, down from 1.98% previously. This follows the sale of 87.2 million shares since May 1, when the UK government stake was down from 2.99%. The share sales are part of a trading plan that has been in place since July 2021. The government at one point had owned 84% of NatWest, following a taxpayer bailout of what was then the Royal Bank of Scotland Group during the financial crisis of 2008 and 2009. As recently as 2018, the Treasury held a 62% stake in NatWest, but it has since been progressively cutting this down. Read More
(Alliance News) - A commitment by pension funds to invest tens of billions in British infrastructure projects and businesses has been welcomed by Rachel Reeves. Read More