LSE Market News

Option to issue RBS sharesto UK citizens remains “open”. Vince Cable, the UK’s Business Secretary, has argued that government-held Royal Bank of Scotland shares could be divided amongst UK citizens. Speaking in an interview with the BBC Dr Cable said whilst there was “no immediate prospect” of the troubled bank returning to the private sector […]

The importance of emerging and frontier markets in today’s economic climate is on the rise.  Investment security and room for growth are at the forefronts of investors’ doubtful minds. Where better place for long-term growth than emerging markets? Or better yet – frontier markets. Centamin, the Egyptian based Gold mine dropped 3% on Tuesday amid […]

Centrica has pulled out of plans to build the first in a new wave of UK nuclear power plants. The UK government’s energy plans have been put into doubt following a decision by energy giant Centrica to pull out of plans to build the first in a new wave of nuclear power plants. Arguing that […]

A week before it releases its full year results for 2012, Barclays plc (LSE:BARC) announced it has set aside an additional £1 billion to cover for the bank’s redress over mis-sold payment protection insurance (PPI) and interest rate hedging products sold to small and medium-size enterprises, UK’s second largest bank said on Tuesday. The bank, […]

For the most hideously overvalued company on AIM, Zoltav Resources (LSE:ZOL) the end is nigh. Today saw news that it has drawn down the second and final £250,000 tranche of a £500,000 loan facility made available by its largest shareholder. That suggests that net cash was down to pretty much sod all. And that makes […]

Oil giant BP plc (LSE:BP.) will report less oil production by the end of 2013 compared to that in 2012 as the company continues to reshape its portfolio in line with its ten-point strategic plan to become a “safer, stronger company”, the London-listed firm said Tuesday. The statement came along with the company’s 2012 full […]

As I write, the self styled top chartist in the UK,  Zak Mir is seeking assistance from his five year old to spell the long words correctly as he puts the finishing touches to a new report: “The Ten cheapest oil and mining stocks on AIM to buy Today.” God knows, there are enough of […]

Earlier today registered users of onefreesharetip.com received a special report with 5 of the 6 AIM stocks viewed as top trading buys by ADVFN CEO Clem Chambers. He promised the sixth later today. And here it is. If you missed out on that special report do not miss out on our next blockbuster – out […]

Mining giant Anglo American plc (LSE:AAL) is to post an underlying loss of US$225 million for the 2012 financial year for its platinum business after its 80%-owned Anglo American Platinum Ltd ended the previous year in a 180-degree turn from profit to loss, following a challenging trading environment. In a statement, the Johannesburg Stock Exchange-listed […]

FTSE 250 constituent firm, Salamander Energy plc (LSE:SMDR), opened on a high in early morning trading after the South East Asia-focussed oil and gas exploration and production company said it has discovered both oil and gas in one of its acreages in Indonesia. In a statement, Salamander said its South Kecapi well located in East […]