NatWest share price slips as BoE rate call, Evelyn Partners bid talk crowd the tape
NatWest Group shares slipped 0.2% to 690.4 pence by 0830 GMT, after hitting a low of 676.4 pence earlier in the session.
Bank of England rate decision: Traders brace for a 3.75% hold as UK inflation stays above target
The Bank of England is set to hold its benchmark Bank Rate steady at 3.75% on Thursday. The policy announcement is scheduled for 1200 GMT, followed by a press conference 30 minutes later. The previous rate cut in December passed by a slim 5-4 margin. Investors have now pushed bets on the next move into the second quarter, even though Governor Andrew Bailey has suggested inflation could return to the 2% target as soon as April or May. “Despite sluggish growth and a weakening labour market, the BoE will want further evidence that inflation is falling towards its 2% target,” said James Mashiter, a fixed-income portfolio manager at SEI.
FTSE 100 breaks 10,400 as Zurich-Beazley bid and GSK lift UK stocks ahead of BoE
London's main index climbed on Wednesday, the FTSE 100 rising 1.0% to 10,418.51 by 10:40 GMT, having briefly hit 10,419.51 earlier in the session. The mid-cap FTSE 250 added 0.4%, reaching 23,392.40.
Standard Chartered share price climbs ahead of BoE as STAN.L hovers near 52-week high
Standard Chartered shares climbed on Wednesday, holding near the upper end of their recent range as investors weighed central bank risks against a weak mood in European stocks. Around 09:05 GMT, the stock was up roughly 1.2% at 1,901.5 pence, after closing at 1,879.0 pence the day before. Trading during the session fluctuated between 1,888.5 and 1,910.0 pence.
National Grid share price rises in London as €650m green bond terms land, Ofgem decision in view
National Grid shares ticked up in early London trading Wednesday, buoyed by a stronger market and news from its UK electricity transmission arm. The unit unveiled final terms for a euro-denominated green bond. The stock gained roughly 0.6% to 1,264 pence, up from Tuesday’s close of 1,256 pence.
Barclays share price edges up as £500m buyback ends and BoE rate call nears
Barclays shares rose 0.34% to 503.3 pence by 0810 GMT on Wednesday. Traders are gearing up for the bank’s full-year results, due Feb. 10.
Aviva share price today: stock ticks up after Lloyd’s launch, with March results next
Shares of Aviva edged higher Tuesday following the insurer’s announcement that Aviva Private Clients has launched within Lloyd’s of London. By 0944 GMT, the stock was up 0.3% at 653.6 pence, according to delayed data. Caroline Brown noted the move offers brokers access to a “full suite of home products” spanning both platforms.
National Grid share price ticks up as €650m green bond terms land and UK rate call nears
Shares of National Grid crept up 0.36% to 1,245 pence by 0831 GMT on Tuesday, after starting the day at 1,233 pence. Early trades saw the stock fluctuate between 1,232 and 1,247 pence.
3i Group share price slips early as BoE decision looms and Action seminar nears
3i Group shares slipped 0.2% to 3,326.5 pence in early Tuesday trading, bouncing between 3,310 and 3,358 pence. The stock dipped below Monday’s close of 3,333 pence and has been moving within a 52-week range of 2,957 to 4,497 pence.
Lloyds share price near 52-week high before London open as BoE decision looms
Lloyds Banking Group shares approach Tuesday trading close to a 52-week peak, having risen 2.29% to 111.45 pence by Monday's close.
Thames Water’s £16bn rescue deal is close — lenders may take 30% losses
Creditors of Thames Water could face losses of up to 30% as a £16 billion rescue package edges closer, The Times reported. Lenders would take the hit on its senior Class A debt and receive at least a 10% stake in the recapitalised company, the newspaper said.
Robinhood stock tumbles nearly 10% as crypto jolts return, UK ISA rollout in focus
Robinhood Markets shares dropped 9.6% to $89.91 in after-hours trading Monday, following a choppy session that saw the stock dip briefly below $89.
SSE share price nudges higher as BoE rate call and trading update loom
SSE shares edged up 0.04% to 2,422.93 pence by mid-morning Monday, fluctuating between 2,417 and 2,439 pence earlier in the session. National Grid gained 0.82% during the same period.
Prudential share price slips as buyback update lands and BoE looms
Shares of Prudential plc slipped in early London trading Monday, following the Asia-focused insurer’s announcement of a fresh buyback program. By 0919 GMT, the stock had fallen 0.6% to 1,197.5 pence.
National Grid share price touches 52-week high as Ofgem decision looms
National Grid shares rose 0.8% to 1,244.5 pence Monday morning, having earlier hit a 52-week peak of 1,251p. The utility’s market cap stands near £61.8 billion, with a yield around 4.4%, following a roughly 27% rally over the last year.
UK petrol prices sink to 131.9p a litre — but the savings may not last
UK petrol prices have slipped to their lowest point since July 2021, the RAC reported, with drivers now paying an average of 131.91 pence per litre. That’s down from 137.17p at the start of December, following a drop of over 3p in January. Diesel prices average 140.97p.
Lloyds shares slide as Shore Capital turns bearish and UK rate decision nears
Lloyds Banking Group shares fell 2.15 pence, or 1.97%, to 106.85 pence in early trading, pulling back from a 52-week peak of 108.95. The stock still boasts a nearly 72% rise over the last year.
Legal & General share price dips into weekend as BoE decision and debt redemption loom
Legal & General Group Plc shares ended Friday down 0.23%, closing at 265.10 pence. During the session, prices fluctuated between 263.60p and 266.20p, per market data. UK markets remain closed Sunday and will reopen Monday.
Santander stock price near 52-week high as traders size up UK shake-up, Feb. 4 results
Banco Santander shares ended Friday at 10.78 euros, up 1.45%, and briefly traded as high as 10.858 euros, leaving the Madrid-listed stock parked near a 52-week peak into the weekend.
National Grid share price holds near 52-week high into weekend as BoE rate call looms
National Grid shares ended Friday up 0.37% at 1,234.5 pence, after hitting an intraday high of 1,240 pence. The stock traded between 1,222.8 and 1,240, with about 10.2 million shares changing hands.