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Lloyds share price drops 2.8% as profits are hit by PPI charges

Lloyds share price drops 2.8% as profits are hit by PPI charges

Another day, another set of banking results. Although Lloyds' PPI costs weren't as hefty as Barclays'.

 

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Drugs earnings boost puts AstraZeneca on a high

Drugs earnings boost puts AstraZeneca on a high

31 July 2014

The UK's second largest pharma business has given itself a bracing pick-me-up this morning, posting earnings up 4% to £3.8bn - well ahead of the 1% expected by analysts.

 
 
How Ofgem wants to cut energy bills by £12

How Ofgem wants to cut energy bills by £12

30 July 2014

In the energy regulator's ongoing quest to look like it's in control, it has persuaded energy distributors to fork out £17bn to upgrade the UK's electricity networks.

 
 
So what would a bankers' oath look like?

So what would a bankers' oath look like?

29 July 2014

A think tank has called for all bankers to take a Hippocratic-style oath before they start their jobs. We've come up with our own suggestion: a sort of Plutocratic oath, if you will...

 
 
Mothercare share price back in the doldrums as suitor drops bid

Mothercare share price back in the doldrums as suitor drops bid

28 July 2014

It looks like the Mothercare acquisition is off: shares opened 11% lower this morning when US company Destination Maternity announced it was pulling out of the deal.

 
 
RBS share price jumps 13% as profits double

RBS share price jumps 13% as profits double

25 July 2014

'Capital is stronger, costs are lower and customer activity is gradually improving,' said chief executive Ross McEwan.

 
 
BSkyB share price slides 3% as it confirms it's creating a £7bn European pay TV monster

BSkyB share price slides 3% as it confirms it's creating a £7bn European pay TV monster

25 July 2014

BSkyB launched a rights issue to fund the acquisition of its European counterparts this morning, as it announced revenues had risen 7%.

 
 
Apple's research and development costs have risen 4%. What's it working on?

Apple's research and development costs have risen 4%. What's it working on?

23 July 2014

The company very slightly missed sales expectations, but R&D costs spiked. Meanwhile, sales of iPads are slowing.

 
 
The Way Ahead: What does the future hold for the role of CFO?

The Way Ahead: What does the future hold for the role of CFO?

23 July 2014

SPONSORED: Chief financial officers face five issues in the future, including becoming change agents and becoming strategists.

 
 
5 charts that perfectly sum up Philip Clarke's tenure as Tesco chief executive

5 charts that perfectly sum up Philip Clarke's tenure as Tesco chief executive

22 July 2014

He may be in line for a 10 million pound payout, but it hasn't been an illustrious three years for soon-to-depart Tesco boss Philip Clarke.

 
 
Last one turn out the light: why everyone's afraid of Barclays' darkpool

Last one turn out the light: why everyone's afraid of Barclays' darkpool

22 July 2014

Customers are abandoning Barclays' anonymous trading platform in their droves, according to figures by the Financial Regulatory Authority.

 
 

The MT interview: Terry Smith

"I'm often described as outspoken. I don't view this as a criticism."

Terry Smith, CEO of Tullet Prebon, pulls no punches in this month's big interview

 
 

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