Lloyds Banking Group ShareCast News (LLOY)

Sunday newspaper round-up: FTT, GDP, Vodafone

The Chancellor has launched legal action to block the European Union-wide levy on financial transactions (FTT) which traders fear could have a devastating impact on the City. More specifically, Osborne is worried by the fact that the levy will apply even to those countries who opt out of the agreement. Great Britain already has two other claims outstanding against the EU for setting financial rules which allegedly handicap the City, the FT writes.
[21 Apr '13]

London close: Resource-heavy FTSE 100 lifted by slowing Chinese inflation

Slowing inflation in China and a strong start to the US earnings season by Alcoa boosted the UK's resource-heavy FTSE 100 stock index on Tuesday, with miners leading the surge.
[9 Apr '13]

FTSE 100 movers: Miners get boost from Alcoa and Chinese inflation

Strong results from mining heavyweight Alcoa and slowing inflation in China were lifting resource stocks in London today, with ENRC, Vedanta, Rio Tinto, EVRAZ and Anglo American all making strong gains.
[9 Apr '13]

Broker tips: Banks, Asset managers, Next

Investec has turned more bullish on global banking giant HSBC, upgrading the stock from 'add' to 'buy', but has retained a clear preference for sector peer Standard Chartered (also rated 'buy').
[5 Apr '13]

Broker snap: Investec upgrades HSBC to 'buy', but prefers StanChart

Investec has turned more bullish on global banking giant HSBC, upgrading the stock from 'add' to 'buy', but has retained a clear preference for sector peer Standard Chartered (also rated 'buy').
[5 Apr '13]

Sunday newspaper round-up: RBS, Cyprus, Bedroom-tax

It is understood that Royal bank of Scotland (RBS) will make even deeper cuts to its investment banking wing in an effort to meet the Bank of England's (BoE's) new financial policy committee's (FPC) target. The FPC last week called on lenders to raise 25bn pounds in new capital to offset any potential future losses arising from ill-advised lending and various allegations of misconduct. RBS is expected to slash hundreds of jobs at its markets division and reduce the assets of
[31 Mar '13]

Thursday newspaper round-up: Great Western, BP, Centrica...

The Telegraph says that four of the UK's largest train operators - Arriva, FirstGroup, National Express and Stagecoach - have dropped lawsuit worth 40m pounds against the government to recover costs during the franchises process for Great Western that was scrapped earlier this year.
[28 Mar '13]

London close: Stocks weighed down by Eurozone concerns

Political wrangling in Italy and uncertainty in Cyprus resulted in a volatile day for London's FTSE 100 index on Wednesday, though stocks bounced well off their lows in afternoon trade.
[27 Mar '13]