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  • Shawbrook Bank’s loan and deposit book boosted by retail demand

    Banking

    Shawbrook Bank received a boost to its loan book in the first-quarter driven by strong demand in commercial and retail markets. Lending increased to £15.8bn, from £15.2bn at the end of 2024. This marked a 15 per cent annual jump. The growth came as the group’s structured lending pipeline reached a new high, as it [...]

    Secure Trust's deposits hit a record high.
  • Wood Group shares plunge 40 per cent after bidder Sidara walks away citing ‘geopolitical risks’

    Energy

    Dubai-based engineers Sidara has brought an end to takeover talks with London-listed John Wood, citing "rising geopolitical risks" and "financial market uncertainty".

    The Emerati firm Sidara said on Monday that it "did not intend to make a firm offer" for FTSE 250 constituent Wood, after months of speculation and preliminary bids.

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