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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: FTSE 100 rallies, BoE holds, Ocado plunges, Horse Hill decision and NatWest's bank buy

1. FTSE 100 rallies on rate cut optimism

London's blue-chip shares made a cautiously positive start, further boosted by the central bank decision.

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2. Bank of England leaves interest rates unchanged

MPC members voted by the same 7-2 majority to maintain the bank rate at 5.25%.

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3. Ocado plunges as overseas customer pauses robotic warehouse

Shares plunged 15% after the online grocery technology group revealed some fresh challenges in Canada.

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4. Supreme Court deems Horse Hill oil well approval unlawful

The council should have considered the climate impacts from the burning of oil as fuel, the judge said.

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5. NatWest pays £125m to take on Sainsbury's Bank

Customers are expected to be transferred in the first half of next year.

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In other news...

Alpha FMC board backs £626m Bridgepoint takeover deal

Faron Pharma CEO hails 'highly successful' €30.7m fundraiser

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