(Alliance News) - J Sainsbury PLC on Thursday said it has sold the credit card portfolio of its Argos general merchandise arm for GBP720 million, creating a partnership with buyer NewDay Group. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(Alliance News) - London's FTSE 100 fell on Friday as fears that a car finance probe may cost more than thought threw a spanner in the works at Lloyds Banking Group, Barclays and Close Brothers. Read More
(Alliance News) - The FTSE 100 posted modest losses around midday on Friday as investors adopted a wait-and-see approach ahead of next week's budget. Read More
(Alliance News) - London's FTSE 100 tread water in early trade, despite some impetus from NatWest, which rose after it lifted annual guidance. Read More
(Alliance News) - NatWest Group PLC on Friday lifted its annual guidance, and its third-quarter earnings beat consensus. Read More
(Alliance News) - London's FTSE 100 is called to open slightly higher on Friday, but is still set for a weekly loss as equities have been held back by US interest rate and election uncertainty, as well as some pre-UK budget nerves. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - London's FTSE 100 faltered on Tuesday with weak oil majors offsetting brighter fortunes for airlines and housebuilders. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - Stocks in London were called to open higher on Tuesday, after numbers showed that the UK unemployment rate edged lower in the three months to August, but wage growth abated. Read More
Elixirr International PLC - London-based business consultancy - Agrees a GBP45 million revolving credit facility with National Westminster Bank PLC, with a four-year term and one-year extension option. This will support Elixirr's organic and inorganic growth strategy. Chief Financial Officer & Head of Mergers & Acquisitions Graham Busby said: "We are pleased to have put in place a revolving credit facility with NatWest, which, together with the group's strong cash generation, significantly enhances our ability to deploy capital and accelerate future acquisitions whilst effectively managing equity dilution." Read More
NatWest Group PLC - Edinburgh-based bank - The UK government has reduced its shareholding to just below 16% as of Monday from just below 17% previously, NatWest says in a stock exchange filing. The UK government had owned as much as 84% of NatWest following a taxpayer bailout of what was then known as Royal Bank of Scotland Group during the financial crisis of 2008 and 2009. As recently as 2018, the government held a 62% stake, but it has been selling this down progressively since. The stake fell below 20% back in July. Read More
(Alliance News) - London's FTSE 100 closed higher on Monday supported by rising banks and oil majors despite a limp start to the day across the pond. Read More
(Alliance News) - J Sainsbury PLC has agreed to sell its ATM machines to operator NoteMachine, as the chain sharpens its focus on the retail business after offloading its main banking arm. Read More
NatWest Group PLC - Edinburgh, Scotland-based bank - The UK government has reduced its shareholding to 16.92% as of Friday last week from 17.97% previously, NatWest says in a stock exchange filing on Monday. NatWest says the government's stake was reduced by the sale of 86.7 million shares since August 30, as part of HM Treasury's trading plan. The UK government had owned 84% of NatWest following a taxpayer bailout of what was then known as Royal Bank of Scotland Group during the financial crisis of 2008 and 2009. As recently as 2018, the government held a 62% stake, but it has been selling this down progressively since. The stake fell below 20% back in July. Read More
(Alliance News) - The UK chancellor has met with the Bank of England governor and top bank bosses after proposed changes to the UK banking system were watered down following pressure from the City. Read More
(Alliance News) - The chancellor has met with the Bank of England governor and top bank bosses after proposed changes to the UK banking system were watered down following pressure from the City. Read More