The UK government has confirmed it is to begin selling down its stake in Lloyds Banking Group.
The government's UK Financial Investments arm will sell 6% of the bank's issued share capital, equivalent to 4.2bn shares, through an institutional share placing. Bank of America Merrill Lynch, JPMorgan...
Simon Gergel, manager of the Merchants investment trust, forecasts a much tighter oil market this year and beyond, with a return to higher prices at some point.
The New Year started, as always, with a flurry of forecasts for the next 12 months. But with equity markets having one of their worst starts, a number of commentators have not had to wait as long as usual for some of their forecasts to look a touch optimistic.
To remain as consultant to firm
Ex-pensions minister sounds stern warning
Combined business will have £11.2bn AUM