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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 on Lloyds jump; BAT doubles down; HSBC’s $3bn savings; M&S Xmas boom

1. Lloyds surges as Supreme Court grants motor finance case appeal

The Supreme Court on Wednesday said it would allow Close Brothers to appeal the ruling, which opened the door for lenders to potentially have to pay billions in redress.

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2. FTSE 100 Live

Stocks overcome early decline.

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3. BAT doubles down on guidance as non-tobacco profitability grows

Profitability from non-tobacco, or new category, products improved further, while revenue growth was set to have accelerated over the second half.

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4. HSBC reportedly seeking out $3bn in savings through overhaul

Bloomberg-cited sources said managers had been informed of the rough target last week and told the corporate surgery would take until June next year to complete.

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5. M&S enjoying boom in sales as Christmas nears

Almost one in three households had shopped for groceries at M&S, Kantar highlighted, ahead of a further anticipated boost to sales across the sector as Christmas neared.

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Plus in the small-cap space:

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