Lloyds Share News (LLOY)

Friday broker round-up UPDATE

Anite: Investec places its target price (prev.: 90p) under review maintaining a hold recommendation. Avon Rubber: WH Ireland ups target price from 765p to 800p and retains a buy recommendation. Investec ups target price from 700p to 720p upgrading from add to buy. BTG: Panmure Gordon raises target

Punch Taverns gets Lloyds Bank approval for restructuring

Oct 2 (Reuters) - Punch Taverns Plc said it had received approval from Lloyds Bank Plc for its plan to restructure its 2.3 billion pound ($3.7 billion) debt. The pub operator said in August that owners of 65 percent of its notes supported the plan, but that it had yet to secure the backing

UPDATE 1-Bank of England backs flagship government mortgage guarantee scheme

* No change to government Help to Buy mortgage scheme * BoE asks for more powers to rein in home loans, buy-to-let * Banks to be told new leverage limit by end of month (Adds reaction from lenders and economists) By David Milliken and Huw Jones LONDON, Oct 2 (Reuters) -

Bank of England to unveil bank leverage ratio plans this month

By Huw Jones LONDON, Oct 2 (Reuters) - The Bank of England will tell lenders at the end of this month what their key measure of insulation against future crises should be, bringing forward a keenly-awaited announcement from 2015 after draft proposals worried banks and lawmakers. Banks

Bank of England backs flagship government mortgage guarantee scheme

* No change to government Help to Buy mortgage scheme * Banks to be told proposed leverage ratio by end of month * BoE asks for more powers to rein in home loans, buy-to-let * Finance minister Osborne welcomes BoE Help to Buy verdict By David Milliken and Huw Jones L

UPDATE 2-Windfalls for Branson, UK government and staff in Virgin Money IPO

* Virgin Money to raise 150 mln pounds from IPO * Company expected to be valued at 1.5 bln-2 bln pounds * Branson, Wilbur Ross to sell shares in offer (Adds CEO comments, details on shareholdings) By Steve Slater LONDON, Oct 2 (Reuters) - Britain's government, almost 3,0

SIG Refinances GBP250 Million Facility On More Favourable Terms

The Investment Company Reports Net Asset Value Rise

Foreign banks resist losses on Spanish motorway rescue

* Foreign banks don't like proposed 50 pct forced loss * Talks with government drag out any bail-out * Cash-strapped Spain reluctant to take on bulk of loans By Sonya Dowsett MADRID, Oct 1 (Reuters) - Foreign banks are dragging out a 2.3 billion euro ($3 billion) rescue pl

Bank of England eases curb on risky mortgages as house market cools

By Huw Jones LONDON, Oct 1 (Reuters) - The Bank of England has eased a curb on risky mortgages that are large relative to a borrower's income, amid signs that Britain's housing market has begun to cool. In June, the Bank of England's Financial Policy Committee recommended that "as soo

UK MIDDAY BRIEFING: Sainsbury's Confirms It's Suffering

TOP NEWS: J Sainsury Cuts Sales Forecast After Second Quarter Slump

Pressure Technologies To Buy Quadscot; Agrees GBP15 Million Financing

UK MORNING BRIEFING: Supermarkets Lead FTSE Lower On Sainsbury Sales

PRESS: Investors Join Forces To Sue Lloyds Bank - Reuters