Lombard – Lloyds Banking Group (LLOY) needs rates boost to accelerate margin. Direction of travel on net interest income matters more than car lease impairments
Carpetright (CPR) set to be taken private by leading shareholder. Meditor Capital in talks to table an offer valuing retailer at £15m
Crest Nicholson Holdings (CRST) warns of lower profits for next 2 years. Shares fall after UK housebuilder announces weaker sales due to Brexit uncertainty
Rio Tinto (RIO) expects higher costs for flagship iron ore business. Miner sees up to $500m of extra spending on assets and infrastructure in Australia
Lloyds Banking Group (LLOY) quarterly profits almost wiped out by £1.8bn PPI charge. UK bank makes progress with its cost-cutting drive
BT Group (BT.A) holds dividend as it shrugs off poll risk to fibre plans. Telecoms group says even a Corbyn government would support multibillion investment drive
Smith & Nephew (SN.) raises revenue guidance for second straight quarter. Last results under outgoing chief Namal Nawana who quit over pay
Profits at International Consolidated Airlines Group SA (CDI) (IAG) hit by British Airways pilots’ strikes. Industrial action and rising fuel costs blamed for drop in airline group’s earnings
