Government's Lloyds sale attracts early interest
More than 62,500 people have expressed interest in registering for the shares
Company
LON:LLOY
Lloyds Banking Group has many household names like Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows. Lloyds Banking Group is a leading UK based financial services group providing a wide range of banking and financial services, focused on personal and commercial customers. The Group’s main business activities are retail, commercial and corporate banking, general insurance, and life, pensions and investment provision. The Group operates the UK’s largest retail bank and has a large and diversified customer base.
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More than 62,500 people have expressed interest in registering for the shares
Tesco is far from out of the woods, according to Cantor Fitzgerald, which wants the retailer to set out its turnaround plans stretching forward to 2020.
City workers may find their sandwiches and mineral waters cost a little more than usual this lunchtime - as the new 5p charge for plastic bags kicks in.
Treasury plans to sell at least £2bn of shares to retail investors
Investments and investor services
In the UK, things were looking better than they were after the data release, with the FTSE100 ending almost 60 points higher, around 1%, to 6,129.
The U.S. economy created just 142,000 new jobs in September and the number of new hires in August and July was also revised lower.
Big bank shares rose on Friday before easing lower as the PPI scandal, which has severely blighted the sector in recent years, appeared to have an end in sight.
Banks were on the up as an exit from the PPI black hole is possibly in sight.
Below are some of the main news-driven share price changes at 4pm.
Companies featured in the broker spotlight: Wolseley, SABMiller, Coca-Cola, UK banks, Tullow Oil
Companies featured in the broker spotlight: Wolseley, SABMiller, Coca-Cola, UK banks, Tullow Oil
Archive
Starbucks is going to adhere to the Living Wage legislation when it is introduced - and that includes for employees under 25, who are not covered by the legislation.
Investments and investor services
After lunch, investors were not willing to carry much risk into the American session.
The FTSE 100 was 8 points lower at 6,109 as China and the crucial Fed meeting weighed on European indices
FTSE 100 gained 39 points to 6,157 with nearly all of the Footsie members showing early advances.
After lunch, investors were not willing to carry much risk into the American session.
Investments and investor services
Barclays, Lloyds, HSBC, William Hill, BP, RIO, Avation and Talk Talk were all in Tuesday’s broker spotlight
Lloyds, Barclays, Diary Crest and Stagecoach are in Tuesday’s broker spotlight
'Black Monday', as it has already been dubbed, as the global rout continues, also bought a clutch of corporate offerings...