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Thursday 26 August 2021 7:35 am
Barclays invests £294m to expand India operations
Lily Russell-Jones

BRITAIN-BANKING-ECONOMY-FINANCE-COMPANY-BARCLAYS
Barclays announces £294m investment in India expansion (AFP via Getty Images)
Barclays has announced plans to invest more than 30bn rupees (£293.9m) in its India unit to expand operations.

The infusion of capital will enable Barclays, which has operated in the Asia Pacific region for 50 years, to grow its Corporate and Investment Banking and Private Clients businesses.

Barclays offers financing, advisory and risk management services in India through its Investment Bank as well as providing private clients with cash management, trade finance and asset management services. The bank helps to connect international clients to European and US markets.

https://www.cityam.com/barclays-invest-india/

The hole market is down this morning

Looks like Lloyds is going into partnership with barratts the builders they will build new homes and Lloyds will become the rental landlord Lloyds is doing this to try and improve its return on equity I’d expect rental property to generate higher returns than financial assets such as government debt given today’s low interest rates

https://news.sky.com/story/amp/mike-ashleys-successor-as-frasers-group-chief-executive-in-line-for-potential-100m-pay-package-12390573

Are you sure he wasn't at Southend airport

Buyback planes
US banks as of Q2

JP Morgan $30 Billion

Bank of America $25 Billion

Wells Fargo $18 Billion

Morgan Stanley $12 Billion

Just on cnbc US banks prefer buybacks

The US could have some kind of lockdown but not the UK we seem to be ahead leading the vaccine rollout

It's starting to look a lot more positive for airlines stocks as FDA approves covid vaccines this increases investor sentiment

Government update on travel restrictions are today following each update travel changes tend to be enforced in the days following

Moderna seeking full approval for its COVID-19 vaccine

3p special divi payment sounds about right maybe more

Delta Air Lines will charge employees on the company health plan $200 a month if they fail to get vaccinated against COVID-19

Share_Talk ™ (@Share_Talk) tweeted at 0:35 PM on Wed, Aug 25, 2021:
Bill Brodie Good, CEO & Technical Director of @AlienMetals (#UFO.L) Interview ?? update the market on the Han**** #IronOre Project in the #Pilbara region of Western Australia ????
https://t.co/xQD6tpZQHD via @Share_Talk
(https://twitter.com/Share_Talk/status/1430494030794743816?s=03)

Retail sales shot up year-on-year in August at the fastest rate for seven years, as shoppers were released from their lockdown shackles and began to spend some of the £200billion they have squirrelled away

https://www.thisismoney.co.uk/money/markets/article-9923729/Retail-sales-shoot-fastest-rate-seven-years.html

FDA grants full approval to Pfizer vaccine along with the UK’s rapped vaccination programme and a rebound in household spending in the third quarter will likely shape the recovery going forward the data for August will show the country is in strong growth Lloyds being a bellwether for the UK economy
Lloyds SP end 2021 70p

Falklandinvestor
British Airways owner International Consolidated Airlines PLC is among the risers on optimism on the reopening of travel, especially with the US approval of the Pfizer vaccine. The airline, up 0.57%, may also benefit from Ryanair pulling out of routes from Belfast.

Morning I’ve been topping up when I see the news on Pfizer vaccine approval
GL

The rally is back on DC licking is wounds called it wrong this morning shorting the market

https://www.proactiveinvestors.co.uk/companies/news/958476/alien-metals--say-western-ridges-prospect-is-shaping-up-to-be-a-second-standalone-mineable-resource-958476.html

https://www.proactiveinvestors.co.uk/companies/news/958506/when-will-international-consolidated-airlines-group-shares-take-flight-958506.html