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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

Oil & Gas

FIVE at FIVE: BP and Shell falling behind; Binance biffed; FTSE 100 battles; Virgin Money profits muted; ISA ICYMI

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

1. Shell and BP may need billions to become net zero energy majors

Billions will have to be spent annually if the oil giants wish to remain as 'majors' in a net zero age, the IEA said.

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2. Binance feeling the pinch but Coinbase raking it in following CZ departure

The unexpected departure of founder and figurehead Changpeng ‘CZ’ Zhao this week saw Binance face a blow.

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3. FTSE 100 closes higher after a report showed an upturn in business activity

At the close, London’s lead index was up 14.07 points, 0.2%, at 7,483.58 while the FTSE 250 eased 20.65 points, 0.1%, at 18,459.52

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4. Virgin Money profits throttled by tighter spreads, bad credit exposure

The challanger bank booked only modest net interest income growth in the year to September.

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5. ISA and pension tweaks aim to broaden investment opportunities

In case you missed it, the autumn statement included a host of ISA and pension reforms designed to widen access to investment.

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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
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