Fidelity Top Stories
Lloyds Banking Group profit increases, on track to meet 2017 targets
Lloyds Banking Group’s first quarter profit increased with the part state-owned bank still on track to meet its 2017 targets.
Shift in 'forward guidance' was not discussed on Thursday, ECB chief Draghi says
European Central Bank chief Mario Draghi left the door open to further policy easing, sending the euro slightly lower, albeit while noting that the balance of risks had moved towards a "more balanced configuration".
RBS agrees further settlement with shareholders over 2008 rights issue
Royal Bank of Scotland has reached a "full and final" settlement with a large group shareholders over claims it misrepresented its financial health at the time of its 2008 rights issue.
Merkel warns UK not to approach Brexit talks with "illusions"
German chancellor Angela Merkel has warned that British people should not harbour "illusions" about the country's fate in the aftermath of Brexit.
Worsening consumer confidence threatens economic growth and Tory election result
British consumer confidence weakened over the last month even as business confidence strengthened, as both sides eyed rising inflation but softening economic growth.
Analysts divided on Trump tax cut proposals
Economists were optimistic that some form of tax relief would pass Congress in 2017, despite the lack of detail in the White House's proposals announced overnight.
Trump backtracks on Nafta withdrawal vow in favour of renegotiation
US President Donald Trump has ruled out the departure of the country from the North American Free Trade Agreement, despite previously pledging to withdraw from the deal.
ECB keeps all rates on hold, leaves door open to further easing
The European Central Bank kept all its policy interest rates unchanged, reiterating that rates might yet go lower still and that quantitative easing could be extended beyond the current scheduled end-date of December 2017, if necessary.
WPP sales slow in first quarter after major account losses
Advertising giant WPP reported a slower start to 2017 after the loss of some major accounts and softening in North America but struck a confident tone about "renewed and encouraging" new business wins to keep the full year on track.