Expert views
Commentary submitted by Russ Mould in their own words.
Back to profileLloyds earnings slide by 36% after motor finance hit
The car finance scandal may have sent profit into reverse but there was enough underlying good news from Lloyds to keep the share price ticking over.
Barclays earnings dip after raising car finance compensation bill to £325m
Barclays is undergoing a review of its loan portfolio, and the market may remain wary for some time.
Unilever says ice cream spin-off delayed by US government shutdown
There is nothing the consumer goods company can do about the situation apart from sit tight and wait.
Premier Inn sales slip in UK despite boost from Oasis gigs
The fact Premier Inn is struggling to make decent progress in the UK suggests market conditions remain unfavourable for the hospitality industry.
Nestle to axe 16,000 jobs around world over next two years in cost-cutting drive
Navratil says Nestle needs to ‘change faster’, suggesting widespread job cuts won’t be the only difficult decision he has to make.
UK inflation to rise to highest in G7, warns IMF as food costs surge
It suggests the Bank of England is stuck between a rock and a hard place.
Bellway calls for Government to ‘commit’ to addressing home affordability issues
Mr Honeyman and team still expect Bellway to increase completions by some 5 per cent in the coming financial year.
BP says upstream production to rise but flags ‘weak’ oil trading
The company might argue that fluctuations with the trading business are par for the course, and that its key focus is production.
Lloyds warns car finance compensation scheme could cost it nearly £2bn
It isn’t trying to wriggle out of paying compensation full stop. Instead, it appears to be pushing for a fairer redress system.