Buybacks make a comeback as crisis eases
(Sharecast News) - UK companies have announced more than £2bn of share buybacks in 2021 with more in the pipeline, suggesting this means of returning cash to shareholders is on the way back.
Read more(Sharecast News) - UK companies have announced more than £2bn of share buybacks in 2021 with more in the pipeline, suggesting this means of returning cash to shareholders is on the way back.
Read more(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* British schools reopen* Senior rises despite annual loss* Pearson among top gainers on new boss's growth plans* FTSE 100 up 1.3%, FTSE 250 ...
Read moreLONDON MARKET CLOSE: Inflationary fears weigh amid US jobs report beat
Read moreBy Huw JonesLONDON, March 5 (Reuters) - Britain's competition watchdog wants a new independent banking industry body to accelerate take-up of "open banking" apps to spawn new fintech companies and offer more choice to consumers.Open banking allows...
Read moreFinancial Conduct Authority calls time on Libor rates by end of 2021
Read moreLONDON, March 5 (Reuters) - Commodities-related revenue at the world's 12 biggest investment banks surged by 85% last year compared to 2019 as oil and metals trading made further strong gains, consultancy Coalition said on Friday.Commodities reven...
Read more* Top 12 banks see record 28% revenue growth in 2020* FICC income spikes on commodities, credit* Bankers faced job cuts, modest bonuses despite boomBy Lawrence WhiteLONDON, March 5 (Reuters) - A surge in blank-cheque investment vehicle fundraising a...
Read moreSpire Healthcare taps Ian Cheshire as chair as swings to annual loss
Read more* Leaving surcharge unchanged would damage industry - government* Surcharge raised 1.5 bln stg in 2019-20 fiscal year* Proposed changes will be laid out in the autumn (Adds further industry reaction)By Iain WithersLONDON, March 3 (Reuters) - Britai...
Read more* Leaving surcharge unchanged would damage industry - government* Surcharge raised 1.5 bln stg in 2019-20 fiscal year* Proposed changes will be laid out in the autumn (Adds context, industry reaction)By Iain WithersLONDON, March 3 (Reuters) - Brita...
Read moreLONDON, March 3 (Reuters) - Britain's finance minister Rishi Sunak has said the government will review the surcharge levied on bank profits, in a bid to keep the UK competitive with rival financial centres in the United States and the European Uni...
Read moreLONDON, March 3 (Reuters) - Britain's finance minister Rishi Sunak has said the government will review the surcharge levied on bank profits.Sunak said in his Budget statement on Wednesday he was launching the review so that the combined tax burden...
Read more(Adds more detail)LONDON, March 3 (Reuters) - Britain is more than doubling to 100 pounds ($139.75) the limit on contactless payments made with debit or credit cards, the finance ministry said on Wednesday, as COVID-19 accelerates a shift to elect...
Read moreLONDON, March 3 (Reuters) - Finance minister Rishi Sunak will announce in his budget speech on Wednesday that the legal limit on contactless payments made with debit and credit cards will more than double to 100 pounds ($140), the finance ministry...
Read moreBy Iain Withers and Lawrence WhiteLONDON, March 2 (Reuters) - Britain's big four banks amassed more than 200 billion pounds ($277.52 billion) of new deposits last year as customers reined in spending through pandemic lockdowns, far outstripping e...
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