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Topic

pounds

The long arm of the establishment?

Published 25 Jan, 2022 05:03am
The trial in London of a Pakistani man, Gohir Khan, on charges of being hired to assassinate exiled Pakistani ...
Pound extends day’s losses

Pound extends day’s losses

Published 08 Sep, 2021 04:06am
LONDON: The pound dipped for a second consecutive day against a broadly stronger dollar on Tuesday and hit its ...
Rolls-Royce plunges to worse than expected $5.6bn loss

Rolls-Royce plunges to worse than expected $5.6bn loss

Published 11 Mar, 2021 12:36pm
  • That improvement depends on airlines flying 55% of 2019 levels during 2021. Rolls-Royce said its assumption is for travel to gradually improve this year, accelerating in the second-half as vaccine programmes progress.
Sterling falls against dollar

Sterling falls against dollar

Updated 05 Feb, 2021 11:47pm
LONDON: Sterling fell to its weakest in more than two weeks against the dollar on Thursday before a Bank of England...
UK jobless rate highest since 2016

UK jobless rate highest since 2016

Published 27 Jan, 2021 04:59am
LONDON: Britain’s unemployment rate hit its highest in nearly five years in the three months to November, when...
Metro Bank looks to raise 3.13bn stg from portfolio sale to NatWest

Metro Bank looks to raise 3.13bn stg from portfolio sale to NatWest

Published 19 Dec, 2020 01:36am
  • The deal is at a 2.7% premium on gross book value of the portfolio and is expected to result in a gain of about 83 million pounds, Metro said.
  • On completion of the deal, Metro Bank's Sept. 30, 2020 total capital plus MREL ratio is expected to improve 400bps to 24.2%.
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