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Pin to quick picksMetro Bank Share News (MTRO)

Share Price Information for Metro Bank (MTRO)

London Stock Exchange
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Share Price: 35.45
Bid: 34.55
Ask: 35.45
Change: 0.80 (2.31%)
Spread: 0.90 (2.605%)
Open: 35.50
High: 35.50
Low: 35.45
Prev. Close: 34.65
MTRO Live PriceLast checked at -

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Sunday newspaper round-up: Covid-19 restrictions, Airline industry, Aviva

Sun, 13th Jun 2021 11:42

(Sharecast News) - Britain will have a six-week window to open up in the summer or risk keeping Covid-19 restrictions in place until the spring, ministers fear. Boris Johnson on Saturday gave his clearest signal yet he is planning to delay a full return to normality for another month, as he said he wanted to give Covid-19 vaccines "extra legs" in "the race between the vaccines in the lockdowns". - Sunday Telegraph
The airline industry's recovery from the pandemic passed a milestone as more than 2 million people streamed through US airport security checkpoints on Friday for the first time since early March 2020. The Transportation Security Administration announced on Saturday that 2.03 million travelers were screened at airport checkpoints on Friday. It was the first time in 15 months that the number of security screenings has surpassed 2 million in a single day. - Guardian

Aviva is set to fire its top fund managers to slash costs just days after an activist investor emerged as a major shareholder in the insurance giant. The FTSE 100 company is planning to oust ten equity managers from its investment arm Aviva Investors, The Mail on Sunday can reveal. David Cumming, chief investment officer for equities, has left. And Mikhail Zverev, head of global equities, is among the high-profile fund managers expected to be fired. - Financial Mail on Sunday

Metro Bank has taken an axe to the interest it pays on its savings accounts. In a letter sent to customers in the past few days, the bank that prides itself on its customer-centric approach to retail banking has said that 'following a review', rates on two mainstream instant access accounts will be slashed to 0.05 per cent from August 12. - Financial Mail on Sunday

Halfords, Britain's biggest bicycle and motoring parts retailer, has been a beneficiary of lockdown as the country got on its bike and used its car to take domestic holidays. On Thursday the company expects to report a surge in pre-tax profits to between £90m to £100m for the year to April, beating analysts' £70m estimates. Its profits were just under £56m last year and £59m in 2019. And the trends that have boosted sales at Halfords over the past 12 months are set to continue. - Guardian

Travellers have been left stranded in cities in the UK and Ireland and nearly 500 jobs are at risk after a regional Irish airline announced it was going into liquidation. Aer Lingus said a number of regional flights had been cancelled after the operator, Stobart Air, ended its contract with the Irish airline. The announcement, which comes after Stobart Air failed to find a buyer and ceased trading, affects several flights from Dublin and Belfast airports to UK cities. - Guardian

Sir Richard Branson is in talks to take his satellite launch company public via a $3 billion (£2.1 billion) deal with a blank-cheque vehicle founded by a former Goldman Sachs banker. Virgin Orbit is finalising a deal to merge with NextGen Acquisition II, a New York-listed special purpose acquisition company (Spac) established by George Mattson, Sky News reported. - Sunday Times

JD Sports is under fire for paying bonuses to executive chairman Peter Cowgill despite taking hundreds of millions of pounds in government support. In a scathing report, the advisory firm Glass Lewis recommends that shareholders vote against the retailer's "inappropriate" pay policy. It says they should oppose Cowgill's re-election on the basis of inadequate succession planning and a lack of progress on boardroom gender diversity. - Sunday Times
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8 Oct 2023 11:36

Sunday newspaper round-up: Renewi, Metro Bank, New homes

(Sharecast News) - Some of Renewi's major shareholders are divided as to whether the recycling company should engage with Australian suitor Macquarie. One major shareholder has told Renewi's board that it should not until Macquarie raised its £636m bid, but another top ten shareholder told The Sunday Times that it should talk to the Australian outfit anyways. Macquarie has until 26 October to make a firm offer. - The Sunday Times

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6 Oct 2023 11:43

LONDON MARKET MIDDAY: Aviva takeover talk boosts FTSE 100

(Alliance News) - The FTSE 100 was in the green at midday Friday, boosted by Aviva amid takeover rumours.

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6 Oct 2023 09:49

SMALL-CAP WINNERS & LOSERS: Metro Bank rises; XP cancels dividend

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

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6 Oct 2023 09:21

Metro Bank begins talks over £3bn mortgage book sale - report

(Sharecast News) - Metro Bank has reportedly begun talks about the sale of a £3bn chunk of its mortgage book as part of an increasingly urgent attempt to shore up its balance sheet.

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6 Oct 2023 08:55

LONDON MARKET OPEN: Stocks up; UK house prices fall again

(Alliance News) - Stock prices in London opened higher on Friday, as focus turns to the US nonfarm payrolls data.

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6 Oct 2023 07:46

LONDON BRIEFING: Wetherspoon swings to profit; UK house prices fall

(Alliance News) - Stocks in London are called to open higher on Friday, as investors eye a key nonfarm payroll reading in the US.

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5 Oct 2023 20:43

PRESS: Metro Bank eyes GBP3 billion mortgage assets sale - Sky News

(Alliance News) - Metro Bank Holdings PLC has begun a process to sell a GBP3 billion chunk of its mortgage book to shore up its finances, Sky News reported on Thursday.

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5 Oct 2023 16:54

LONDON MARKET CLOSE: FTSE 100 rises but banks struggle on Metro woe

(Alliance News) - Stock prices in Europe ended mixed on Thursday, with the FTSE 100 outperforming despite some pressure on its banking shares, which suffered in a negative read-across amid worries for Metro Bank.

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5 Oct 2023 11:57

LONDON MARKET MIDDAY: FTSE 100 climbs; Metro Bank shares slide

(Alliance News) - Stock prices in London were largely higher at midday on Thursday, shrugging off bad news for the UK construction sector, as investors began to adjust to the higher for longer narrative around interest rates.

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5 Oct 2023 09:40

TOP NEWS: Metro Bank shares plunge as confirms financing talks

(Alliance News) - Metro Bank Holdings PLC on Thursday said it is continuing to evaluate the best ways to enhance its capital resources.

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5 Oct 2023 09:33

SMALL-CAP WINNERS & LOSERS: Metro Bank sinks on fundraise reports

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

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5 Oct 2023 07:33

Metro Bank considering up to £600m capital raise - reports

(Sharecast News) - Metro Bank confirmed on Thursday that it is considering its refinancing options following reports it was looking to raise hundreds of millions of pounds from investors.

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4 Oct 2023 19:48

PRESS: Metro Bank plots fundraise to shore up finances - FT

(Alliance News) - Metro Bank Holdings PLC is seeking to raise up to GBP600 million after its share price fell almost 50% in recent weeks, the Financial Times reported, citing people with knowledge of the plan.

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14 Sep 2023 10:00

SMALL-CAP WINNERS & LOSERS: Kier plans to resume dividends

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

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12 Sep 2023 17:10

REPEAT: FTSE 100 ends higher as UK wage growth picks up

(Alliance News) - The FTSE 100 ended higher on Tuesday despite higher-than-expected wage growth data in the UK giving the Bank of England something to think about ahead of its interest rate decision next week.

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