RELX Shares News & Articles

City of London: 4.4% yield offers twice the return of best-buy cash accounts

Launched in 1891, City of London Investment Trust (CTY) has become one of the most popular investment trusts with investors seeking to run their own portfolios rather than use the services of financial advisers or wealth managers. It is easy to see why the trust appeals to so many investors, in Shares’ view. City of London currently yields 4.4%, based on the past year’s dividend payout, an ...

Market report: Bank reporting season continues to disappoint with Barclays latest to post profit performance

UK banking group Barclays (BARC) has reported a loss of £236m in its first quarter to the end of March as regulator fines again drag on performance. Last month the bank agreed to pay $2bn to settle a lawsuit by the US government. Today's loss reflects that massive charge. Stripping away those penalty effects, Barclays reported a slight increase in profits to £1.7bn, although much like its ...
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