Lloyds chief urges UK policymakers to keep their hands off banks’ profits CEO Charlie Nunn calls for measures such a windfall tax to be ruled out before next general election The Guardian - UK · Nov 28, 2023
Why is the Telegraph up for sale and who wants to buy it? Potential buyers include a consortium that has vowed to pay off the current owners’ debts, the Daily Mail owner and a GB News investor The Guardian - UK · Nov 28, 2023
Tory concern grows over potential sale of Telegraph titles to Abu Dhabi Former Telegraph editor Charles Moore among those to condemn bid for the Conservative party’s paper of choice The Guardian - UK · Nov 26, 2023
Whitehall infighting could hamper scrutiny of Telegraph sale Foreign Office could stifle possible inquiry into bid from Abu Dhabi-backed fund RedBird IMI in absence of cabinet secretary The Guardian - UK · Nov 24, 2023
More than 2,500 jobs at risk in Lloyds shake-up Exclusive: UK’s largest high-street bank preparing review of middle-management roles in response to expected income squeeze The Guardian - UK · Nov 24, 2023
Government scrutiny of the Telegraph sale is a good thing – even if it’s for the wrong reasons Intervention over a UAE-backed bid is welcome, but it’s unlikely to signal a new era of media-ownership transparency, writes Jane Martinson The Guardian - UK · Nov 24, 2023
UK Government Announces Plans for Further NatWest Stake Sale, Invites Public to Invest Chancellor Jeremy Hunt disclosed the UK government's intention to explore options for divesting its remaining 38.6 per cent stake in NatWest Group. International Business Times UK · Nov 23, 2023
Government may sell UK’s remaining stake in NatWest to public, says Jeremy Hunt British government still owns 38.6% of the high street bank it bailed out in the 2008 financial crisis The Guardian - UK · Nov 22, 2023
Public interest investigation into sale of Telegraph now likely Lloyds Bank hopes of quick sale dashed Evening Standard · Nov 22, 2023
OPINION - The Barclays are back with a bang and the Telegraph sale has been turned completely on its head A motorbike weaves through the London traffic. It’s heading across town, from Belgravia to the City. Riding pillion is Aidan Barclay. The bike races up to the doors of the Lloyds Bank headquarters. Barclay dismounts, rushes in and thrusts a piece of paper into the startled receptionist’s hand. It’s a… Evening Standard · Nov 21, 2023
Sale of Telegraph paused as consortium pledges to repay Barclay debts Abu Dhabi-backed RedBird IMI’s announcement casts doubt over auction process The Guardian - UK · Nov 21, 2023
Telegraph and Spectator expected to be bought over by Abu Dhabi-backed fund Abu Dhabi-backed investment fund RedBird IMI has paved the way to take control of the Telegraph and Spectator publications after agreeing loans to… The National (Scotland) · Nov 20, 2023
Abu Dhabi-backed fund says it will take control of Telegraph and Spectator RedBird IMI ‘reaches agreement’ on package of loans to repay debts owed by Barclay family The Guardian - UK · Nov 20, 2023
Abu Dhabi-backed fund strikes deal in move to secure Telegraph newspaper It comes after the Telegraph and Spectator were put into receivership over unpaid debts to lenders by its previous owners. Evening Standard · Nov 20, 2023
Evening Standard · Nov 20, 2023 Sale of Telegraph Group "still wide open" -- bankers THE race to land ownership of The Telegraph Group remains wide open City bankers insist in the face of reports that an Abu-Dhabi backed fund is close to taking control.
The Guardian - UK · Oct 29, 2023 Axel Springer’s Telegraph bid in doubt over ‘digital-only’ future Head of German-based group tells Politico podcast its strategy is to grow its digital media
The Guardian - UK · Oct 27, 2023 NatWest shares plunge after bank downgrades profit outlook Competition for savers’ cash is putting pressure on its finances, says group
The Guardian - UK · Oct 26, 2023 Barclay family’s £1bn ‘back door’ offer for Telegraph alarms rival bidders Source close to process says there are concerns offer could have ‘chilling affect’ on auction for media group
Evening Standard · Oct 25, 2023 Lloyds Bank: UK economy to grow but house prices to keep falling LLOYDS BANK doubled its forecast for UK economic growth this year and insisted that consumers remain resilient in the face of gloomy predictions for the jobs market and global political strife.
The Guardian - UK · Oct 25, 2023 UK house prices will not stop falling until 2025, Lloyds predicts Britain’s biggest mortgage lender forecasts 5% drop over this year and another 2.4% decline in 2024
The Guardian - UK · Oct 25, 2023 Banks face $2bn Twitter losses says report; Canary Wharf owners inject £400m – as it happened Live, rolling coverage of business, economics and financial markets as Lloyds Banking Group says UK house prices to fall and Boeing cuts 737 Max target
Evening Standard · Oct 25, 2023 Lloyds Bank says UK economy improving slightly - on course to avoid recession Lloyds Bank, Britain’s biggest high street bank, thinks the UK’s economic position is modestly improving and that the nation remains on track to avoid a recession.
The Guardian - UK · Oct 25, 2023 Lloyds bank closure made cancelling housebound husband’s standing order a real trial Our town’s branch has shut but when I went to the nearest one 10 miles away they said they couldn’t stop the payment
The Guardian - UK · Oct 21, 2023 Mortgage debts and bust firms put UK banks’ profits under pressure With the big lenders reporting their results this week, investors are trying to stay optimistic and hoping there will be no more crises
The Guardian - UK · Oct 20, 2023 Sale of Telegraph newspapers and Spectator kicks off Last-ditch attempt by Barclay family to shut down auction with blockbuster £1bn offer thwarted