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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’ earnings beat; Water sector review; Gold’s even newer record; FTSE 100 falls; Reckitt’s revenue drops

1. Lloyds Banking Group puts a lid on car finance charges; Q3 earnings beat forecasts

The black horse bank reported pre-tax earnings of £1.8 billion, slightly down from £1.9 billion the previous year but surpassing analysts' predictions of £1.6 billion.

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2. Water sector review launched as nationalisation 'would cost £100bn'

The review could see the scrapping of the role of water regulator Ofwat, according to the BBC.

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3. FTSE 100 Live

Stocks slump.

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4. Gold surges above $2,750 for yet another record

Tensions in the Middle East, uncertainty around next month’s US election and further looming cuts to interest rates globally have buoyed the yellow metal most recently.

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5. Reckitt Benckiser posts drop in revenue as nutrition wing weighs

Though sales across Reckitt’s hygiene and health wings picked up by 2.1% and 3.2% respectively, revenue from nutrition products offset this with a 17.4% drop.

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In the small-cap space:

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