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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: Liverpool FC for sale; Lloyds tipped for upside; GSK trial failure, COP27 ‘implementation event”

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

1. Liverpool FC put up for sale, Goldman Sachs (NYSE:GS) and Morgan Stanley (NYSE:MS) assisting

Fenway Sports Group has put Liverpool FC up for sale.

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2. Lloyds Banking Group still tipped for significant upside despite disappointing quarter

Lloyds Banking Group PLC (LSE:LLOY) disappointing quarterly profits number, squeezed by higher provisions for bad debt, may in time bode well.

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3. FTSE 100 closes in red

The UK's top share index finished down around 31 points, or 0.48%, at 7,299 on the day.

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4. GSK loses almost £1.7bn value after drug trial failure

Almost £1.7bn was wiped from the value of the pharma in opening deals after the drug developer revealed a late-stage study failed to meet its main goal.

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5. COP27 seen as the 'implementation event' for global climate change

COP27 has begun in Egypt, with delegates from 200 nations already agreeing to discuss reparations for poorer countries facing damage from climate change.

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