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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Banks

FIVE at FIVE: Metro woes; record rents; FTSE up; Imperial Brands stays positive; Barclays layoffs

Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news

1. Metro Bank shares tank on news of emergency fundraise

Some £600 million is reportedly being sought from investors to fortify its beleaguered balance sheet.

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2. London rental prices rise to yet another record

Roughly 25 people enquired about each property in Britain between July and September, prompting rental prices higher.

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3. FTSE 100 closes in the green but off highs

At the close London's leading index was up 39.09 points, 0.5%, at 7,451.54 while the FTSE 250 was up 107.08 points, 0.6%, at 17,599.98

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4. Imperial Brands backs outlook despite looming rule changes

A new £1.1 billion share buyback was launched, but no mention came of Rishi Sunak's plan to crack down on vaping and smoking.

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5. Barclays to lay off senior investment bankers

A total of 300 roles are set to face the axe, according to reports, of which a large proportion will be those of senior dealmakers.

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The Markets
by Proactive
Proactive UK has moved.
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