CashNews.co Bank of Ireland has shrunk its retail UK loan book by almost a third to €16 billion since the onset of the pandemic four years ago, as it pursues a “value over volume” strategy in a cut-throat market. This saw the group back out of the mass-mortgage market in favour of a higher-margin “bespoke” […]
CashNews.co Those with a vested interest in the Lloyds (LLOY.L) share price have had a miserable week. At close of business on 24 October, the bank’s shares were changing hands for 62.2p. Today (1 November), I could buy one for 53.7p. Although a fall of 13.7% in such a short period of time isn’t unprecedented, […]
CashNews.co I think there are some great opportunities in UK shares at the moment. In both the FTSE 100 (^FTSE) and the FTSE 250 (^FTMC), I can see stocks I’d like to buy. I’m not about to buy either index as a whole, though. And the reason is that both contain shares that I really […]
CashNews.co Revenue: UK£103.1m (down 1.5% from FY 2023). Net loss: UK£4.59m (loss narrowed by 82% from FY 2023). UK£0.014 loss per share (improved from UK£0.078 loss in FY 2023). earnings-and-revenue-history All figures shown in the chart above are for the trailing 12 month (TTM) period Looking ahead, revenue is expected to decline by 3.0% p.a. […]
CashNews.co At the end of last week, I decided to sell part of my investment in Citigroup (C) and Norfolk Southern (NSC). At the time, they were the two largest investments in my Stocks and Shares ISA. This has nothing to do with the Budget, my view hasn’t changed on either business, and I still […]
CashNews.co British Prime Minister Keir Starmer is promising reforms to speed up the economy and overhaul the public sector after the Labour government’s first budget failed to boost the growth outlook and sent government bond prices into a two-day dive. Finance minister Rachel Reeves announced a plan on Wednesday that included big increases in tax, […]
CashNews.co Some of the auto companies stopped finance sales completely, albeit temporarily, while their lawyers worked out what the consequences of the judgement were. Most have resumed activity, but they admit the solutions they have adopted are sticking plasters. Uncertainty hangs over the market. True, we will have to see how it all plays out. […]
CashNews.co This week the UK government introduced its new budget, aimed at encouraging economic growth and improving the country’s fiscal balance. However, with £40bn worth of tax increases, many UK stocks could be affected. Announced on Wednesday, 30 October, the budget includes changes in capital gains tax, inheritance tax, corporation tax for various sectors, and […]
CashNews.co The King has reportedly told the Keeper of the Privy Purse to end Prince Andrew’s yearly allowance (Picture: Max Mumby/Indigo/Getty Images) Prince Andrew has lost his rumoured £1 million annual allowance after the King officially cut him off financially, it has been claimed. In recent weeks Charles is said to have instructed the Keeper […]
CashNews.co The Department for Work and Pension (DWP) recently confirmed that close to 78% of new Pension Credit claims are completely processed within 50 working days – the targeted timeframe. Therefore, older people on a low income could receive their first payment, as well as any arrears, by the end of December as long as […]