Last checked at 29 Apr 2024 07:00
Britain's NatWest share sale to test UK equity market upswing
Government keen to revive share-owning culture via offer
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Share Price:
58.26
Bid:
58.26
Ask:
58.28
Change:
0.98 (1.71%)
Spread:
0.02 (0.034%)
Open:
58.10
High:
58.36
Low:
57.66
Prev. Close:
57.28
Last checked at -
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Don't have an account? Click here to register.Thursday newspaper round-up : Lloyds, RBS, BT, Dolce and Gabbana
Thu, 20th Jun 2013 06:44
Chancellor George Osborne has signalled the prospect of the first stages of the privatisation of Lloyds Banking Group, The Telegraph reported. He hinted the sale of the state-backed lender's shares within months, saying the bank was in a good position for selling down the taxpayer's 39% internet. However, he warned that he would urgently look into a break-up of tax-payer backed Royal Bank of Scotland into a "good bank and bad bank".BT's Chief Executive Ian Livingstone, has stepped down to join the Government as its Trade and Investment Minister, The Times reported. Livingston will replace Lord Green of Hurstpierpoint, the former HSBC chairman, when he steps down this year.Italian fashion designers Domenico Dolce and Stefano Gabbana were given suspended prison sentences of a year and eight months and fined nearly half a billion euros by a court in Milan for evading millions in taxes, the Financial Times said. The pair, owners of the luxury fashion group, were found guilty of selling their brand to a Luxembourg-based holding company in 2004 in order to avoid declaring more than €100m in royalties.Royal Mail employees have voted against the government's plan to sell off the postal service, The Guardian reported. More than 96% of postal workers who voted opposed the privatisation despite the government promising them each about £1,500 in shares as part of the flotation plan.The US Federal Reserve looks set to end monetary easing in mid-2014, based on an optimistic economic outlook, according to the Financial Times. Fed Chairman Ben Bernanke, said it would be "appropriate to moderate the monthly pace of purchases later this year" as long as the economy grows as expected.RD
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27 Apr 2024 12:00
Britain's NatWest share sale to test UK equity market upswing
Government keen to revive share-owning culture via offer
*Read more26 Apr 2024 16:35
London close: Stocks buoyed by banking, mining positivity
(Sharecast News) - London's equity markets closed positively on Friday, buoyed by gains in the banking sector following better-than-expected results from NatWest.
Read more26 Apr 2024 09:45
NatWest profit falls less than feared ahead of state escape
First-quarter profit down 27% in competitive market
*Read more24 Apr 2024 15:09
London close: Stocks finish weaker after earlier gains
(Sharecast News) - London markets closed the day weaker on Wednesday, reversing earlier gains as Wall Street stocks opened lower, although mining stocks remained above the waterline.
Read more24 Apr 2024 11:55
LONDON MARKET MIDDAY: Investors shake off pre-US inflation nerves
(Alliance News) - The FTSE 100 in London was higher at midday on Wednesday, as investors look ahead to the US Federal Reserve's next test on Friday.
Read more24 Apr 2024 09:11
TOP NEWS: Lloyds profit squeezed by rising costs as revenue declines
(Alliance News) - Lloyds Banking Group PLC on Wednesday said first quarter profit slumped as the benefits of higher interest rates faded amid mounting costs.
Read more24 Apr 2024 09:04
LONDON MARKET OPEN: Reckitt up on strong start to 2024; Lloyds falls
(Alliance News) - Stock prices in London opened higher on Wednesday, building on this week's gains, as investors look ahead to some key US data.
Read more24 Apr 2024 07:42
LONDON BRIEFING: Lloyds profit takes hit; Jet2 cuts guidance
(Alliance News) - Stocks in London are set to open higher on Wednesday, as the release of some key US data edges closer
Read more24 Apr 2024 07:02
Lloyds Bank holds guidance as Q1 profit falls £28%
(Sharecast News) - Lloyds Bank held annual guidance despite a 28% fall in first-quarter profits due to lower net interest income and higher operating expenses, as competition for mortgages and savings squeezed margins.
Read more23 Apr 2024 10:43
Wednesday preview: US corporate results, Lloyds in the spotlight
(Sharecast News) - The market spotlight on Wednesday will be firmly on the U.S., as the latest quarterly results from the country's tech heavyweights continue to roll in.
Read more22 Apr 2024 09:04
LONDON BROKER RATINGS: Jefferies raises B&M to 'hold'
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:
Read more19 Apr 2024 12:02
LONDON MARKET MIDDAY: Stocks down on Israel attack on Isfahan, Iran
(Alliance News) - Stock prices in London were down at midday on Friday, as equity sentiment suffered by worries of a conflict escalation between Iran and Israel, after Iranian state media reported explosions in the province of Isfahan.
Read more19 Apr 2024 09:26
LONDON BROKER RATINGS: Peel Hunt starts NatWest and Barclays at 'buy'
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:
Read more19 Apr 2024 08:49
LONDON MARKET OPEN: European stocks slump amid Middle East escalation
(Alliance News) - London's FTSE 100 traded lower in early exchanges, with sentiment hurt by worries of a conflict escalation in the Middle East, after state media in Iran reported explosions.
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