Business confidence falls amid warnings Brexit uncertainty is holding back investment August 30, 2018 Business confidence fell significantly in August as firms batten down the hatches for a bumpy year, according to a closely followed survey of British companies. The balance of firms expecting stronger trading prospects in the coming year fell by five points to 29 per cent, according to the Lloyds Bank survey of more than 1,000 [...]
City Moves for 30 August 2018 – who’s switching jobs at Atrato Capital, Investec Corporate Treasury, Amundi and Colliers International? August 30, 2018 Today's City moves cover real estate investment, money markets, property and asset management. Take a look at these movers and shakers: Atrato Capital Atrato Capital, the UK real estate investment manager, has strengthened its team with the appointment of two property specialists from Lloyds Banking Group. Lara Townsend (pictured) has been appointed as managing director, [...]
Lloyds stock lift as it completes £1bn share buyback programme August 28, 2018 Lloyds Banking Group completed its buyback of £1bn of shares today. The London branch of investment bank UBS managed the buyback, which started on 8 March, paying for 1.6bn shares over the four-month process before selling them back to Lloyds. Read more: Paddy Power buys back £200m in shares The bank kicked off the buyback [...]
City of London Police and Lloyds Banking Group join forces to fight economic crime August 19, 2018 NULL
Last Week in the City: Trade fears re-emerge August 3, 2018 Garry White, chief investment commentator, looks at the market-moving events that have shaped the UK equity markets this week (30 July to 3 August 2018). Interest rates were raised in the UK for the second time since the financial crisis, but the move was widely expected. The earnings season continued. Growth in all regions was [...]
First-time buyers in London struggle to keep up as north east offers most affordable house prices | City A.M. July 25, 2018 London has been the least affordable region for hopeful first-time buyers in 14 of the last 19 years, according to new statistics out today. Buyers looking to get onto the property ladder in the capital last year could have expected to spend 13 times their earnings on property. However, that stands in stark contrast to [...]
London deserves a mayor who believes in the city’s bright entrepreneurial future July 19, 2018 Come March 2019, Britain will have left the EU, but our city will continue to be the most vibrant and dynamic economic urban economy on earth. Londoners deserve a mayor who represents this and protects our position of strength. Unlike Sadiq Khan, he or she can ill-afford to be sucked in to talking down London’s [...]
London deserves a mayor who believes in the city’s bright entrepreneurial future July 19, 2018 Come March 2019, Britain will have left the EU, but our city will continue to be the most vibrant and dynamic economic urban economy on earth. Londoners deserve a mayor who represents this and protects our position of strength. Unlike Sadiq Khan, he or she can ill-afford to be sucked in to talking down London’s [...]
Serious Fraud Office ends Lloyds Libor probes because of “insufficient evidence” July 4, 2018 The Serious Fraud Office (SFO) has dropped a criminal investigation into Libor manipulation at Lloyds Banking Group, removing a cloud over the lender. The SFO dropped the case because it lacked evidence, despite the Financial Conduct Authority’s previous assertion that 16 individuals at Lloyds knew about the Libor fixing. Some lines of inquiry in the [...]
Ranked: The banks that have closed the most branches since 2015 – and which regions have been hardest hit June 15, 2018 New analysis has revealed which of banks have shut the most branches since 2015, with NatWest, HSBC and Lloyds Bank reporting the highest number of closures. Some 2,868 UK retail branches will have shut up shop by the end of this year, with 879 bank closures during last year, according to Which? Money research. That [...]