Lloyds Banking Group plc reported Friday that its fiscal 2014 pre-tax profit more than quadrupled, with a sharp drop in impairments and higher net interest income. The company also resumed its dividends. Looking ahead for fiscal 2015, the company expects net interest margin to be around 2.55 percent. According to the firm, its guidance reflects confidence in the future.
International Consolidated Airlines Group S.A., formed by the merger of British Airways Plc. and Spanish flag carrier Iberia Lineas Aereas de Espana S.A., Friday reported significant increase in profit for the fourth quarter as well as full year, helped by increased revenues. The company sees increased operating profit in 2015. The stock added more than 4 percent in early
Net migration in U.K. recorded a growth during the last four years, though the Cameron Government had promised to reduce it into tens of thousands. A positive net migration value represents more people entering the country than leaving it in a period of time.
Royal Bank of Scotland Group Plc reported Thursday a profit before tax in its fiscal 2014, compared to a hefty loss last year, benefited by lower operating expenses and higher net interest income. Separately, RBS announced the appointment of Howard Davies to succeed Philip Hampton as Chairman. RBS also agreed to sell a portfolio of U.S. and Canadian loan commitments to Mizuho Bank.
British American Tobacco Plc. Thursday said profit for the full year declined from the prior year, hit by adverse currency. The cigarette-maker noted that the underlying performance of its business remains strong.
Teenage pregnancy in England and Wales fell to a record low in 2013. The Office for National Statistics revealed that the latest figure is the lowest since it started recording the data in 1969. U.K. government has been considering teenage conception rate as one of its three sexual health indicators.
Amnesty International has called on five permanent members of the UN Security Council to renounce their veto rights while voting in situations where genocide and other atrocities are being committed.
In its annual report published Wednesday, Amnesty International described the global response to...