TSB is finally cutting the last of its links to Lloyds Banking Group this weekend, completing its separation from the group’s technology systems almost five years — and hundreds of millions of pounds in ...
Vast Resources plc, the AIM-listed mining company with operating mines in Romania and Zimbabwe, is pleased to announce the acquisition of a 95% interest in the Eureka Gold Mine (`Eureka`) in Zimbabwe by its Zimbabwe group company, Dallaglio Investments (Pvt) Ltd (`Dallaglio`). The Company`s economic interest in Dallaglio is 25.01%. The US$4.485 million purchase price is financed by a loan from Sub-Sahara Goldia Investments (`SSGI`) to Dallaglio. SSGI has an effective 24.99% interest in Dallaglio and therefore funding for the acquisition has been sourced by Vast`s associated entities in ...
The severely poor treatment of live sheep on board the Awassi Express bound for the Middle East is not a new revelation ( April 14 ). This cruel trade from Western Australia to the Middle East has been ...
Bank stocks such as LLOY are hard to value. This is because the rules banks face are different to other companies, which can impact the way we forecast their cashRead More...
(Reuters) - TalkTalk received the highest proportion of complaints for broadband and landline services in Britain in the three months to the end of December, and Sky the lowest, data from telecoms regulator ...
Lloyds Banking Group will cut 305 jobs and close 49 branches in Britain, the latest in a series of reductions to its workforce and network as it promotes its digital services. Lloyds said in February it would invest 3 billion pounds over three years in such digital initiatives, but had not said how many branches or jobs it would axe as part of the cost-cutting strategy. Lloyds said the plan reflected changes in customer behaviour, with more people using digital services than branches, which are costly to maintain .
Lloyds Banking Group has said it is cutting a further 305 jobs as part of its plans to axe 49 branches across the UK. The company said it was cutting a total of 1,230 roles, but would then create 925 jobs throughout the business. The group first revealed the branch closures last year, but at the time announced plans to cut fewer than 100 jobs.
Lloyds Banking Group Plc is to eliminate 305 jobs primarily across its branch network, as Britain’s largest mortgage lender steps up plans to control costs.
Lloyds Banking Group Plc plans to modernize parts of its trading room in London by increasing the use of machine-trading to meet the demands of clients, according to people with the knowledge of the project....
April 12 (Reuters) - Uk's Ofcom: * BUSINESS CONNECTIVITY MARKETS STATEMENT ON DARK FIBRE * COS LIKELY TO PURCHASE DARK FIBRE (TALKTALK, THREE, VODAFONE) SAID SERVICE AT HIGHER BANDWIDTHS WOULD BE SIGNIFICANTLY ...
British lenders expect to see demand for mortgage lending rebound over the next few months after a sharp drop in the first quarter of 2018, a Bank of England survey showed on Thursday. The Bank, which has been urging banks to avoid risks in their lending to households, also reported the sharpest drop in the availability of unsecured lending to consumers during the first quarter since records began in 2007. A closely-watched gauge of British house prices held at a five-year low last month, reflecting soft consumer demand at a time when the Bank of England looks set to raise interest rates, ...
Rupert Murdoch's Fox and Netherlands-based Ziggo Sport said they had been targeted in a European Commission investigation into a possible cartel in sports broadcasting rights. Broadcasters spend billions of euros to buy exclusive rights to shows top flight sport such as England's Premier League and Spain's La Liga soccer to attract viewers. The Commission said late on Tuesday it had carried out unannounced inspections in several member states at companies that distribute "media rights and related rights pertaining to various sports events and/or their broadcasting".
Ziggo Sport, a Netherlands-based broadcaster owned by Liberty Global and Vodafone, said it was involved in an investigation by the European Commission into a possible sports-rights cartel. "We have been informed that the European Commission is inspecting several media companies in Europe, including Ziggo Sport," the company said on Wednesday.
I am going to run you through how I calculated the intrinsic value of Vodafone Group Plc (LSE:VOD) using the discounted cash flow (DCF) method. Anyone interested in learning aRead More...
