LSE Market News

Britain’s banks have provided a bevy of news for the first Monday in August.  And – surprise!- not all of it is bad.  Not that long ago, any story about UK banks could have been written in one word:  “Disaster.”  Actually, it’s been so bad for so long that “bank” and “disaster” in the same […]

Operators of Stanlow refinery, the UK’s second largest Essar Oil (UK) Ltd have appointed Janet Ashdown and Neville Chamberlain as independent non-executive directors of the company. Janet Ashdown was until the end of 2012 Chief Executive Officer of Harvest Energy Limited and Blue Ocean Oil Trading Limited, she previously worked for BP for 29 years […]

Mr McEwan will replace out going CEO Stephen Hester. The Royal Bank of Scotland Group plc (RBS) announces today that Ross McEwan has been appointed as a Director and Group Chief Executive with effect from 1 October 2013. Mr McEwan joined RBS as the UK Retail CEO in September 2012. Philip Hampton, RBS Chairman said […]

Step forward for British Gas owner. Centrica Energy’s Lincs offshore wind farm has been officially opened by the Deputy Prime Minister Nick Clegg. The last of the wind farm’s 75 wind turbines was connected to the National Grid on Wednesday 24 July, bringing the 270MW project up to full strength for the first time. Lincs […]

How does your salary compare to that of the new RBS (LSE:RBS) chief executive Ross McEwan? RBS have announced their new chief executive will be New Zealander, Ross McEwan. McEwan will take up his new role and his hefty salary, come October. Currently head of RBS’s UK retail arm, he has only been working for […]

International Consolidated Airlines Group (LSE:IAG) share price has been escalating throughout the day and is currently up 16.80 pence to 313.90.  That’s a 5.7% increase on the day, an 18.7% increase on the month, a 49.4% increase since the beginning of 2013, and a 99% increase over the last 12 months.  Today’s change in share price […]

CCP Group shares quadruple in value in only 2 days. CPP Group Plc (LSE:CPP) is a leading provider of Life Assistance products and services with approximately ten million live policies in 14 different countries. Looking at CCP Group’s recent share prices might indicate that they could assist in filling your wallet too… In the past […]

Lloyds Banking Group (LSE:LLOY) share price closed at 68.47 as July trading came to a close yesterday.  The bank released its half-year report at 7:02 this morning.  By 8:22 am its share price has reached 72.98.  By 10:14 am, it was at 74.41.  At 13:00 it had ascended to 74.85.  Lloyds’ share price has not […]

British American Tobacco (LSE:BATS) share price rose 57.50 pence this morning to 3,520.00 following the release of its first half earnings report.  For lower-priced stocks that would be quite a leap, but with a share price in excess of 3,500, it amounts to about just over 1.5% The tobacco industry completely puzzles me.  I live […]

Was he notified by telephone? It would have been fitting. BT has announced the appointment of Joris van Oers to head its Benelux operations. Mr van Oers will be in charge of BT’s business in the Netherlands, Belgium and Luxembourg. In a statement the telecommunications giant said that “Joris van Oers has a strong background […]