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Close Brothers profit halved by Novitas Loans provision

Close Brothers Group PLC on Tuesday raised its dividend despite profit halving in its recent financial year due to a provision for its shuttered litigation funding business.

The London-based merchant. ....

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FTSE 100 Closes Up 0.07% Tuesday, Buoyed by Weak -2-

1126 GMT - Close Brothers fiscal 2023 results were mixed but overall reassuring, Peel Hunt says in a note after the U.K. merchant banking group posted a lower-than-expected drop in profit and. ....

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FTSE 100 Closes Up 0.07% Tuesday, Buoyed by Weak Pound

The FTSE 100 closed Tuesday up 0.07%, outperforming European peers. The index is holding up well, largely due to the continued weakness in the pound and a belief that a weaker currency and higher. ....

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FTSE 100 flat as markets remain on edge

The FTSE 100 was largely unmoved midday Tuesday, while European peers declined, as troubling developments in the world s two largest economies kept the market in a risk-off mood.

The FTSE 100 index. ....

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News focus: Novitas - merchant bank takes huge hit on bad litigation loan

News focus: Novitas - merchant bank takes huge hit on bad litigation loan
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