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Wed, 03rd Mar 2021 13:16
LONDON, 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 on banks
did not rise significantly after planned increases to
corporation tax.
(Reporting by Iain Withers, Editing by Huw Jones)
(Alliance News) - Stock prices in London opened in the red on Tuesday, as European markets failed to find upward momentum amid muted trading in Asia, and Monday's public holiday in the US.
Read more(Alliance News) - European markets lacked direction on Monday, after a quiet day as the US markets celebrated George Washington's birthday.
Read moreNatWest Group PLC - Edinburgh-based bank - Starts share buyback programme of up to GBP300 million with a nominal value of around GBP1.08 per share. The programme will run until maximum July 18. The maximum amount of shares NatWest will buy back is around 696.7 million. NatWest had previously announced the share buyback programme last week Friday when it released its 2023 results.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:
Read more(Alliance News) - Stock prices in London closed higher on Friday, finishing the week on a positive note, as investors digest the latest set of US inflation data.
Read more
(Sharecast News) - London's stock markets saw positive gains on Friday, buoyed by encouraging UK retail sales data and favourable earnings reports from NatWest.
Read more(Alliance News) - Stock prices in London were up strongly at midday on Friday, buoyed by UK retail sales data that came in far better than expected and soothed worries about the economy after numbers on Thursday showed it entered recession last year.
Read more(Alliance News) - Stock prices in London opened higher on Friday morning, after a sentiment-boosting UK retail sales reading which calmed some nerves about the economy.
Read more(Alliance News) - NatWest Group PLC on Friday said it intended to start a much softer share buyback programme as it reported profit growth for 2023 and a mild outlook for 2024.
Read more(Alliance News) - Stocks in London are called to open higher on Friday, after a morale-boosting UK retail sales reading, while NatWest kicked off London's banking earnings season with a profit beat.
Read more(Sharecast News) - Scandal-hit NatWest Bank reported a better-than-expected 20% rise in pre-tax profit and confirmed Paul Thwaite as chief executive on a permanent basis.
Read more(Alliance News) - The FTSE 100 set to open higher on Friday, as a data-heavy week in the UK culminates with a retail sales reading for January, while NatWest becomes the first of the major London-listed banks to report annual earnings.
Read more(Alliance News) - London's FTSE 100 underwhelmed on Monday, with some of its largest constituents pulling it lower, while indices in Europe were on the up on favourable comments on interest rate cuts by a European Central Bank official.
Read more(Alliance News) - Qinetiq Group PLC on Monday said the outgoing chief executive officer of National Australia Bank Ltd and former CEO of Royal Bank of Scotland will join its board.
Read more(Alliance News) - Stock prices in London closed lower on Friday, with the FTSE 100's losing streak extending to three days, as sentiment in Europe remains tetchy despite a largely stellar start to the day in New York.
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