The City stockbroker Northland Capital Partners has been thrown into turmoil by the departure of its UK chairman and managing director.
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Monday 16 February 2009
Lloyds Banking Group came under more stock market pressure today amid City fears that taxpayers could be forced to pump yet more billions into the beleaguered bank.
Thursday 12 February 2009
The FTSE 100 was 48.9 points behind at 4185.35 while the FTSE 250 eased to 6454.68, down 41.6 points, at around 11.50am.
Monday 09 February 2009
Barclays scrapped bonuses for its top directors today and launched a group-wide pay review as it announced a 14 per cent fall in annual profits.
Monday 09 February 2009
The FTSE 100 retreated to 4277.55, down 14.32 points, while the FTSE 250 was 55.24 points ahead at 6616.91 points at around 12.15pm.
Thursday 05 February 2009
The FTSE 100 was down 39.72 points at 4188.88 while the FTSE 250 eased to 6320.32, down 1.49 points, at around 12:45pm. All eyes were on the Bank of England, which reduced UK interest rates to a record low of 1 per cent at noon, a move which Charles Stanley chief economist Edward Menashy attributed to “exasperation” amongst members of the rate-setting Monetary Policy Committee.
Tuesday 03 February 2009
A bigger than expected hit from steeply falling oil prices at the end of 2008 weighed on BP today despite annual profits soaring 39 per cent to a record $25.6bn (£18.1bn).
Tuesday 27 January 2009
Monday 26 January 2009
The FTSE 100 was up 45.7 points at 4098.17 while the FTSE 250 climbed to 6111.88, up 23.75 points, at around noon.
Saturday 20 December 2008
Thursday 18 December 2008
Outlook Does HSBC need to have a rights issue or find alternative ways of raising new capital? The company was busy pooh-poohing all such speculation yesterday after a broker in the Far East published a circular suggesting that HSBC might need to raise as much as $15bn.
Monday 15 December 2008
Analysts anticipate news of the worst underlying sales performance in more than a decade at the Cometelectricals chain,when the parent company, Kesa, posts its interim results tomorrow. Credit Suisse expects the UK division to register a 13 per cent fall in like-for-like sales for the second quarter, a deterioration from the 9.9 per cent fall for the three months to the end of July.
Sunday 14 December 2008
Saturday 13 December 2008
Thursday 04 December 2008
Tuesday 25 November 2008
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