Engineering firm Weir Group was a high riser on Tuesday after Credit Suisse upgraded the shares from 'neutral' to 'outperform' and hiked its target price from 2,540p to 3,060p. The bank said that the stock offers "a better relative risk return profile" near term than sector peer IMI which it downgra
Read moreFigures released on Tuesday showed that Lloyds was the most complained about bank in the first half of 2014. The financial ombudsman, the authority which is in charge of settling disputes between lenders and their customers, received just over 190,000 complaints between 1 January and 30 June, with
Read more* 191,000 complaints in H1 2014 vs 327,000 H1 2013 * PPI complaints down to 134,000 from 266,000 LONDON, Sept 2 (Reuters) - The number of complaints against British banks fell by nearly 42 percent in the first half of 2014, driven by a decline in the number of cases relating to the mi
Read more- Chinese, Eurozone and UK manufacturing PMIs fall - Markets looking ahead to BoE, ECB, US jobs data - Perform jumps on Access Industries offer techMARK 2,858.54 +0.26% FTSE 100 6,825.31 +0.08% FTSE 250 15,957.13 +0.45% Figures showing a manufacturing slowdown in the Eurozone, UK and China capped
Read more- Chinese, Eurozone and UK manufacturing PMIs fall - Markets looking ahead to BoE, ECB, US jobs data - Perform jumps on Access Industries offer techMARK 2,855.71 +0.16% FTSE 100 6,816.49 -0.05% FTSE 250 15,922.73 +0.23% Figures showing a manufacturing slowdown in China, the Eurozone and UK were we
Read moreWould-be TSB investors should "keep their powder dry", according to Investec, which rated the Lloyds Banking Group offshoot as a 'hold' with a 290p target price after the stock's recent run. Analyst Ian Gordon said that TSB has enjoyed a "fantastic market debut" since floating on the market in June
Read more- Chinese manufacturing PMIs disappoint - Ukraine tensions high after Putin calls for "statehood" - Perform shares jump on Access Industries offer techMARK 2,857.65 +0.23% FTSE 100 6,811.96 -0.11% FTSE 250 15,922.03 +0.23% Weak economic data from China and ongoing geopolitical tensions in Ukraine
Read moreHarris Associates, the US investment fund that has been one of Tesco's biggest and most loyal shareholders, has sold almost two thirds of its stake because it thinks the supermarket group has become too risky, the Sunday Telegraph reported. David Herro, Harris's chief executive, said there were too
Read more* Exposed stocks performing broadly in line with wider index * Investors reluctant to make equity trades around outcome * Scotland accounts for 2 pct of FTSE 350 revenue-Barclays (Recasts lead, adds details from graphic) By Tricia Wright and Vincent Flasseur LONDON, Aug
Read moreLONDON, Aug 29 (Reuters) - State-backed Lloyds Banking Group said complaints increased by 20 percent in the first half of the year, driven by an increase in cases about mortgages. Britain's biggest retail bank said on Friday that, excluding those concerning payment protection insurance (PP
Read more* Exposed stocks performing broadly in line with wider index * Investors reluctant to make equity trades around outcome * Scotland accounts for 2 pct of FTSE 350 revenue-Barclays By Tricia Wright and Vincent Flasseur LONDON, Aug 29 (Reuters) - With only weeks to go before
Read more* Banks to review complaints received in 2012 and 2013 * Industry has so far paid out 16 billion pounds (Adds comments from FCA Chief Executive Wheatley) By Matt Scuffham LONDON, Aug 29 (Reuters) - Britain's financial regulator said banks and other financial services companies
Read more