Lloyds Share News (LLOY)

UK watchdog should take tough line in bank competition probe -MPs

LONDON, July 21 (Reuters) - Britain's competition watchdog should take a hard line and be prepared to shake up the banking industry to improve services for customers, a leading lawmaker said on Monday, saying he was fed up with years of inaction. "There are millions of banking customers who

TSB plans to bid for 1.4 billion pounds of govt-owned mortgages- report

LONDON, July 19 (Reuters) - Britain's 7th-largest lender, TSB, which recently floated on the stock market, is planning to bid for 1.4 billion pounds worth of state-owned mortgages, Sky news reported on its website on Saturday, without citing its sources. TSB is interested in acquiring the r

London midday: Stocks fall as tensions rise after Malaysia Airlines crash

- Markets react to shooting down of Malaysia Airlines plane - Gaza fighting also weighing on sentiment - Shire and AbbVie strike £32bn takeover deal - UK competition watchdog orders banking probe techMARK 2,787.48 -0.41% FTSE 100 6,706.45 -0.47% FTSE 250 15,448.43 -0.68% Global geopolitical tensio

UPDATE 3-UK banks face break-up threat as watchdog plans competition probe

* Watchdog set to launch full investigation in autumn * Could force divestments in 2016; Lloyds, RBS most at risk * Lack of competition in current accounts, business banking * Big 4 banks have 77 pct of current accounts, 85 pct of business accounts * RBS falls 1.7 pct, Llo

UK WINNERS & LOSERS: Shire Gains As Takeover By AbbVie Confirmed

2ND UPDATE: UK Retail Banks Face Competition Inquiry

UK competition watchdog orders banking probe

Britain's big banks could face a shake-up after the country's competition watchdog launched a probe into the industry. The banks' personal current accounts and small business banking were "not working well for customers", the Competition & Markets Authority (CMA) said in a statement. The CMA said

MARKET COMMENT: Ukraine And Gaza Weigh On UK Shares; Shire Deal Done

UK BROKER RATINGS: Exane BNP Upgrades Burberry To Outperform

UPDATE: UK Retail Banks Face Competition Inquiry

Friday broker round-up UPDATE

Barclays: Credit Suisse cuts target price from 275p to 235p retaining a neutral rating. Barratt Developments: Liberum Capital reduces target price from 468p to 387p and downgrades to hold. Bellway: Liberum Capital reduces target price from 1900p to 1764p, while leaving its buy recommendation uncha

UPDATE 2-UK banks face break-up threat as watchdog plans competition probe

* Watchdog set to launch full investigation in autumn * Could force divestments in 2016; Lloyds, RBS most at risk * Lack of competition in personal current accounts, business banking -CMA * Big 4 banks have 77 pct of current accounts, 85 pct of SME accounts * RBS falls 1.6

Friday newspaper round-up: Malaysia Airlines, Times Warner, UK banks...

The president of Ukraine has accused pro-Russia rebels in the east of the country of shooting down a Malaysia Airlines jet with a ground-to-air missile, killing all 298 people on board as the airliner exploded and rained down in fiery pieces over a rural Ukrainian village. The huge loss of life thre

UK Retail Banks Face Competition Inquiry

UPDATE 1-UK watchdog plans full retail bank competition probe

(Adds details) LONDON, July 17 (Reuters) - Britain's big banks could be broken up after the country's new competition watchdog said it plans to launch a full investigation into services for small business customers and personal current accounts. The Competition and Markets Authority (