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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 on the up on Friday, looking set to round off a positive week on the up, though a red-hot US jobs report could keep a lid on gains.
Read more(Alliance News) - Stocks in London fought back on Monday, after hitting two-month lows on Friday, although a fall in HSBC shares kept a lid on further progress.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:
Read more(Alliance News) - Stocks in London are expected to start the week on a more optimistic note, as investors look ahead to central bank decisions and weigh up the potential risk from developments in the Middle East.
Read more(Alliance News) - Stock prices in London closed mixed on Friday, hurt by share price falls for the banking sector, while investors also digested underwhelming earnings elsewhere and a US inflationary reading.
Read more(Alliance News) - Stock prices in London were up at midday on Friday, as the FTSE 100 was led higher by oil majors, tracking a rise in the Brent price.
Read more(Alliance News) - NatWest Group PLC shares took a double hit on Friday from a downgrade to its net interest margin guidance, and a damning report into its handling of the closure of Nigel Farage's bank account.
Read more(Alliance News) - London's FTSE 100 opened slightly lower on Friday, as banking stocks weighed on the index, with NatWest the worst of the lot after admitting to "serious failings" following a review of the controversial closure of UK politician Nigel Farage's Coutts account.
Read more(Alliance News) - Stocks in London are set to open slightly higher on Friday, as investors wait for a key US inflation reading.
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(Sharecast News) - Shares in NatWest plunged nearly 10% on Friday after the UK bank missed expectations with its third-quarter profits and cut its full-year outlook for bank net interest margin (NIM).
Read more(Sharecast News) - Investors' focus at the end of the week will be on two key inflation indicators due out in the U.S..
Read more(Alliance News) - The former chief executive of NatWest Group PLC infringed on Nigel Farage's data protection rights when she talked to a journalist about his relationship with Coutts bank, Britain's information watchdog has ruled.
Read more(Alliance News) - Stock prices in London opened lower on Wednesday, as investors digest the latest company earnings.
Read more(Alliance News) - Lloyds Banking Group PLC on Wednesday maintained its annual net interest margin guidance and reported consensus-topping third-quarter profit, though top-line growth fell just shy of loftier expectations.
Read more(Alliance News) - Stock prices in London were lower at midday Tuesday, though European peers were in the green, with the banking sector weighing on the FTSE 100 after less-than-stellar results from Barclays.
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