Editor's Picks
Tesco current account launch is 'good news' but a 'small step' say analysts
Friday 06 Jun 2014
Tesco has launched the first current account from its banking division as it seeks new ways of increasing customer loyalty to aid its recently troubled core business.
Low productivity and housing pose risks to UK recovery, says IMF
Friday 06 Jun 2014
Lacklustre productivity and rampant house-price inflation pose risks to the UK economic recovery, according to the International Monetary Fund (IMF).
Former Tesco CEO "very disappointed" at sales decline
Friday 06 Jun 2014
Sir Terry Leahy, the former boss of Tesco, has said he is "very disappointed" with the recent sales performance of the grocer.
Export shortage threatens UK economic recovery
Friday 06 Jun 2014
A shortage of exporters is threatening to derail the UK's economic recovery, a survey out Monday showed.
London midday: Stocks up ahead of non-farm payrolls, UK trade data worsens
Friday 06 Jun 2014
A worse-than-expected increase in the UK trade deficit couldn't deter investors on Friday as London stocks bounced off their worst levels in two and a half weeks ahead of the all-important US jobs report later on.
Game Digital starts conditional dealings at 200p per share
Friday 06 Jun 2014
Online video game retailer Game Digital has begun trading on the London Stock Exchange at the bottom end of an expected range of 200p-212p per share.
Lloyds announces TSB IPO price range
Friday 06 Jun 2014
Lloyds Banking Group has confirmed the price range for the initial public offering (IPO) of TSB which has been set at between 220p to 290p per ordinary share.
Sierra Leone-based Sula Iron & Gold "ready to act" amid Ebola outbreak
Friday 06 Jun 2014
Sula Iron & Gold, the AIM-listed multi-commodity exploration company focused in Sierra Leone, has seen no incidences of the deadly Ebola Virus Disease (EVD) among its workforce but is "ready to act" if the situation deteriorates.
London open: UK stocks rise ahead of US non-farm payrolls
Friday 06 Jun 2014
UK markets bounced off a two-and-a-half week low on Friday following another record finish on Wall Street as investors took a positive approach ahead of the all-important US jobs report later on.
Bank of America in talks to pay $12bn over mortgage probe
Friday 06 Jun 2014
Bank of America (BofA) is said to be in talks with the Justice Department to pay around $12bn to settle a long-running probe into its mortgage banking practices.
London pre-open: Stocks seen higher as traders await US jobs data
Friday 06 Jun 2014
UK markets were set for a slightly positive start on Friday, with the tone set by another record finish on Wall Street, as investors gear up for the all-important US jobs report later on.
Bank of America in talks to pay $12bn over mortgage probe
Friday 06 Jun 2014
Bank of America (BofA) is said to be in talks with the Justice Department to pay around $12bn to settle a long-running probe into its mortgage banking practices.
Monday newspaper round-up: Hinkley Point, FDI, Builders
Thursday 05 Jun 2014
EDF Energy is locked in secret negotiations with the Treasury over the fee to secure a crucial 10bn pounds government guarantee for the French group’s Hinkley Point nuclear reactor project. The Treasury has demanded that EDF Energy pay between 225m and 250m pounds, the minimum it believes to be deemed a commercial rate. Officials argued that if payment was set any lower, the guarantee scheme
US Close: Wall St closes at record highs after ECB rate cuts
Thursday 05 Jun 2014
Wall Street closed at record highs on Thursday after the European Central Bank (ECB) announced rate cuts.
Lloyds announces TSB IPO price range
Thursday 05 Jun 2014
Lloyds Banking Group has confirmed the price range for the initial public offering (IPO) of TSB which has been set at between 220p to 290p per ordinary share.
Bank of England keeps interest rates unchanged
Thursday 05 Jun 2014
As expected, the Bank of England has decided to keep its Bank Rate at 0.5% and the size of the asset purchase programme unchanged at £375bn.
London midday: Investors show caution ahead of ECB, ASOS leads retailers lower
Thursday 05 Jun 2014
UK stocks were in the red on Thursday, on track for their lowest finish in nearly a month, as investors scaled back risk appetite ahead of the pivotal European Central Bank (ECB) meeting this afternoon.
Market overview: BoE keeps policy unchanged, as expected
Thursday 05 Jun 2014
1205: As expected, the Bank of England has decided to keep its Bank Rate at 0.5% and the size of the asset purchase programme unchanged at £375bn. However, the news had very little impact on markets given that no change is expected in UK monetary policy until at least the end of 2014. The focus is still on the ECB (decision due at 12:45). The FTSE 100 is down 12 at 6,807.
Sunday newspaper round-up: TSB float, Barclays, Carphone Warehouse
Thursday 05 Jun 2014
Lloyds Banking Group will price TSB at up to £1.44bn when it floats the new bank on the stock market – 10% below the new bank’s book value, the Sunday Telegraph said. The valuation is designed to ensure a smooth reception for the initial public offering, making the bank priced “to go”. Lloyds thinks selling the first 25% at below book value will help create demand for later tranches of the
London open: ASOS plummets as UK stocks fall ahead of ECB
Thursday 05 Jun 2014
A surprise profit warning from fast-growing fashion retailer ASOS and a cautious outlook from speciality chemicals firm Johnson Matthey sent UK stock markets lower on Thursday, as investors nerves were tested ahead of the pivotal European Central Bank (ECB) meeting this afternoon.
You are here: news > editors picks
10 Lower Thames St,
London EC3R 6EN