Germany to Keep Commerzbank Shares After UniCredit Takes Stake
The government said it won’t offload any additional shares in the bank following the sale to UniCredit for €702 million. The move marks a U-turn for the government.
The government said it won’t offload any additional shares in the bank following the sale to UniCredit for €702 million. The move marks a U-turn for the government.
Savers who panicked and withdrew their tax-free lump sum ahead of Rachel Reeves’s Budget are being told that they cannot put the money back in their pensions.
A retail tycoon nicknamed the “Del Boy billionaire” is on the cusp of a deal to rescue scores of Homebase stores as the DIY chain calls in administrators.
The number of ISA millionaires is growing all the time and guess what? They're really into blue-chip dividend shares listed on the FTSE 100 index, says Harvey Jones. The post There are now 5,000 ISA millionaires! See the surprising UK dividend shares they’re buying appeared first on The Motley Fool UK.
Rachel Reeves will tear up workplace pension rules as part of a broader shake-up that the Chancellor claims will unlock up to £80bn in investment.
Christopher Ruane has been looking for cheap shares to buy. This one has a 7% dividend yield, so is it time to add it to his portfolio? The post 7% yield and a cheap valuation! Is this one of the best shares to buy this month? appeared first on The Motley Fool UK.
This FTSE stock looks set for strong earnings growth, which should drive its share price and dividend higher in my view, and can still be bought cheaply now. The post Still under £4 despite strong recent results, is this FTSE retailer too big a bargain to pass up? appeared first on The Motley Fool UK.
(Bloomberg) -- Hertz Global Holdings Inc. tumbled after the company reported a worse-than-expected loss stemming from the rental-car company’s failed bet on electric vehicles and heavy depreciation costs that have pummeled earnings for the past year.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictThe
The cut to interest rates is a measure of good news for those on variable rate mortgages
Catherine Mann, an economist and member of the Bank’s Monetary Policy Committee, has not yet opted to reduce rates.
(Reuters) -Volkswagen Group raised its investment in Rivian by 16% to $5.8 billion, the two automakers said on Tuesday, as the companies kick off their planned joint venture to develop electric vehicle architecture and software. The companies said in June that VW would invest $5 billion in Rivian - a lifeline for the loss-making EV startup that is gearing up to roll out a smaller, cheaper SUV called R2 amid high borrowing costs and slowing EV demand. New vehicles from VW unit Scout Motors vehicles will also be among the first to use the new architecture.
The Vodafone share price has been a loser for investors in recent years, and the dividend has been cut. We could be near the end of the tunnel. The post Can a €500m buyback kickstart the Vodafone share price? appeared first on The Motley Fool UK.
The new boss of loss-making Burberry today vowed to “capture British wit and style” as part of his plan to revive the luxury goods group. Joshua Schulman said the brand had moved too far from its core strengths, leading to performances such as today’s £53 million operating loss. Other companies reporting today included the retailer WH Smith and insurer Aviva.
This cheap FTSE 250 has just hit its most expensive since January 2020. Can it continue climbing, or will it crash back down to earth? The post Up 8% today, is this FTSE 250 share just getting started? appeared first on The Motley Fool UK.
Jon Smith mulls over whether issues with historical motor finance commissions could spell trouble for the Lloyds share price into 2025. The post Here’s what a landmark legal ruling could mean for the Lloyds share price appeared first on The Motley Fool UK.
London’s main stock index slid to its lowest closing price for three months this afternoon amid a global sell-off.
LONDON (Reuters) -British insurer Aviva posted a 15% rise in general insurance gross written premiums for the first nine months of the year to 9.1 billion pounds ($11.54 billion) on Thursday and said it was confident of meeting its group targets. "Aviva is financially strong, trading well each quarter and has significant opportunities for further growth," Chief Executive Amanda Blanc said in a statement. Aviva outlined group targets earlier this year, including 2 billion pounds in operating profit by 2026.
LONDON (Reuters) -High inflation in Britain has not been vanquished and it is more likely to overshoot than undershoot Bank of England forecasts over the medium term, BoE interest rate-setter Catherine Mann said on Wednesday. Mann cast the lone vote against cutting borrowing costs at a meeting of the BoE's Monetary Policy Committee last week which decided by an 8-1 margin to lower the Bank Rate to 4.75% from 5%, and she also opposed an initial rate cut in August. "We have an upside bias to inflation ... which tends to enable inflation to become embedded, and in that environment it's important to hold (interest rates) for longer," Mann said at a conference hosted by BNP Paribas.
Harvey Jones is wondering whether now is a good time to invest more money in the S&P 500, after a stellar run for US shares. The problem is, he doesn't have the cash. The post Should I sell my FTSE All-Share index fund and buy a S&P 500 tracker instead? appeared first on The Motley Fool UK.
As the United Kingdom's FTSE 100 index grapples with downward pressure from weak global cues and faltering trade data from China, investors are increasingly seeking stability in dividend stocks to navigate these uncertain times. In such a climate, identifying companies with strong dividend histories can offer a measure of resilience and income potential amidst broader market volatility.
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