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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: Lloyds mixed; Centrica tumbles; FTSE 100 recovers; Revolut’s big win; Unilever rallies

1. Lloyds hikes dividend 15% as first half profits just beat forecasts

Statutory profit before tax for the UK's largest lender came to £3.32 billion for the first six months of 2024, slightly ahead of the £3.21 billion average analyst forecast.

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2. Centrica profits tumble but dividend up and buyback extended

Chris O’Shea, chief executive, said the results reflected the more normalised conditions in the energy market.

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3. FTSE 100 live

Stocks rebound after hitting three-month low.

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4. Revolut wins UK banking licence, ending nine-year wait

The London-headquartered group said it will now enter a 'mobilisation' stage, having been given what the Bank of England's PRA arm calls "authorisation with restrictions", designed for new banks to fully build out their banking operations.

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5. Unilever rallies as margin expansion offsets weak sales

Soaring to record highs at the open, the consumer goods giant said its underlying operating margin had increased by 250 bps to 19.6%.

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In the small-cap space:

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