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Wed, 03rd Mar 2021 10:22
LONDON, March 3 (Reuters) - Finance minister Rishi Sunak
will announce in his budget speech on Wednesday that the legal
limit on contactless payments made with debit and credit cards
will more than double to 100 pounds ($140), the finance ministry
said.
The current contactless payment limit is 45 pounds per
transaction.
($1 = 0.7152 pounds)
(Reporting by James Davey; editing by David Milliken)
(Alliance News) - The FTSE 100 in London closed up on Thursday, but share prices were firmly down in the FTSE 250, while European equities were buoyed by cooling inflation in the eurozone.
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(Sharecast News) - London's markets finished with a mixed performance on Thursday, with the top-flight index lifted by the likes of BP and Shell.
Read more(Alliance News) - Stocks prices in Europe were on the up on Thursday afternoon, tamer inflation data took some shine off the euro and Crude prices climbed ahead of a meeting of oil producers.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:
Read more(Sharecast News) - Lloyds Banking Group is to shut another 45 branches, it was confirmed on Thursday, as lenders continue to downsize their estates.
Read more(Alliance News) - Lloyds Banking Group PLC is shutting another 45 branches across its network and the Halifax and Bank of Scotland brands amid the ongoing shift away from high street banking.
Read more(Sharecast News) - JPMorgan Cazenove upgraded NatWest on Thursday to 'overweight' from 'neutral' and lifted the price target to 280p from 230p as it took a look at European banks.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:
Read more(Alliance News) - Stock prices in London closed mixed on Wednesday, following the UK'S Autumn statement, which had no big surprises for investors.
Read moreMartin Currie Global Portfolio Trust PLC - Edinburgh-based investor in sustainable listed growth companies - Enters into unsecured three-year GBP10 million sterling term revolving loan facility agreement with Royal Bank Scotland of International Ltd. Says the facility has a variable interest rate, calculated at a rate of 1.55% over the sterling overnight index average. Says its existing GBP30 million loan with RBSI will mature on Thursday and be repaid in full. Agrees to draw down the full amount available under the new GBP10 million facility on the same day and for an initial period of six months. This will reduce its to GBP10 million from GBP30 million, while the new loan will represent approximately 4.1% of the net assets of the company.
Read more(Alliance News) - UK Chancellor Jeremy Hunt on Wednesday announced he is mulling a NatWest Group PLC retail share offer over the next year, as the government looks to trim more of its stake in the lender.
Read more(Sharecast News) - London's stock markets finished in a positive state on Friday despite weaker-than-expected UK retail sales figures.
Read more(Alliance News) - The following London-listed shares received analyst recommendations on Friday and Thursday.
Read more(Sharecast News) - Barclays analysts have raised their rating for NatWest from 'equal weight' to 'overweight', saying it expects a big rebound in profits.
Read more(Alliance News) - Stock prices in London are still set to open higher on Friday, despite October retail sales figures for the UK disappointing shortly before the opening bell.
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