Petrofac Limited ( PFC) TR-1: Standard form for notification of major holdings
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ISIN: | GB00B0H2K534 |
Category Code: | HOL |
TIDM: | PFC |
LEI Code: | 2138004624W8CKCSJ177 |
OAM Categories: | 2.3. Major shareholding notifications |
Sequence No.: | 228425 |
EQS News ID: | 1577759 |
| |
End of Announcement | EQS News Service |
"The vote will see the BP Petrofac workers join 1,400 others in dispute with their employers meaning 1,500 offshore workers across the UK Continental Shelf (UKCS) could be on strike within weeks." The BP Petrofac installations set to be hit by strike action include Andrew, Clair, Clair Ridge, ETAP, and the Glen Lyon floating production, storage and offloading (FPSO) facility. "BP is aware of the outcome of this ballot and we continue to liaise with the employing company, Petrofac," the company said.
It’s now seen as a 50-50 call on whether the Monetary Policy Committee lifts rates on Thursday
City analysts have tipped Bank governor Andrew Bailey to prioritise fighting inflation ahead of banking sector stability.
(Bloomberg) -- Britain’s underlying price pressures are set to diverge with those in the eurozone, with signs of cooling inflation intensifying the debate over whether the Bank of England should halt its cycle of interest rate increases.Most Read from BloombergUS Studies Ways to Insure All Bank Deposits If Crisis GrowsUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisJPMorgan Owned the LME ‘Nickel’ That Was Actually Bags of StonesVanguard Said to Shutter Business in China, Exit Ant Vent
The banking sector was thrown into crisis as markets tumbled in early trading on Monday following the emergency takeover of Credit Suisse by rival bank UBS.
These FTSE 100 stocks are still on sale following the recent financial market meltdown. Here are several on my shopping list today. The post FTSE 100 stocks are rallying! 3 cheap dividend shares I’d buy right now appeared first on The Motley Fool UK.
Three-month extension of energy price guarantee welcomed but key state support schemes expiring
The surprise increase in inflation will give policymakers pause for thought. Just days ago, inflation appeared to be coming down nicely and some were talking down the chances of another interest rate hike. Although economists - and the Bank of England - were expecting the consumer prices index to fall from 10.1% to 9.9%, the headline rate of inflation actually jumped to 10.4%.
Times of crisis can create investment bargains. Our writer considers how to use current opportunities to boost income in his Stocks and Shares ISA. The post How I’d invest £10k in a Stocks and Shares ISA to earn £900 of passive income appeared first on The Motley Fool UK.
The FTSE 100 index counts many high-yield dividend shares among its constituents. Our writer identifies two that look like cheap buys for his portfolio. The post 2 undervalued dividend shares I’d buy as the FTSE 100 tumbles appeared first on The Motley Fool UK.
This column’s decision in January to sit on its hands and do as little as possible, in the view that it didn’t really know why share prices were rallying so hard and so fast, does not look quite so spineless, at least for now.
This writer sees some high-yield bargains in today's market. Here's how he's trying to spot them, while avoiding value traps. The post This market is throwing up high-yield bargains! appeared first on The Motley Fool UK.
I'd like to own these three FTSE 100 stocks but they seem a little expensive to me. That could quickly change if stock markets fall. The post 3 magnificent stocks I’d like to buy in the next FTSE 100 crash appeared first on The Motley Fool UK.
LONDON (Reuters) -Forcing asset managers to shift clearing of their euro derivatives trades from London to the European Union would be anti-competitive, split markets and increase costs, Europe's investment funds industry body said on Tuesday. The EU's executive European Commission has proposed that asset managers and banks in the EU open an "active account" with an EU-based clearing house to shift some clearing from London Stock Exchange Group (LSEG) and ICE to Deutsche Boerse in Frankfurt to end heavy post-Brexit reliance on UK clearers.
Taylor Wimpey and Persimmon shares haven’t been great investments over the last year. Here, Edward Sheldon looks at their performances. The post Here’s what would have happened if I’d bought Taylor Wimpey and Persimmon shares a year ago appeared first on The Motley Fool UK.
There are a handful of signs to follow to know how the stock market is dealing with the bank crisis, Fundstrat says. In the meantime, buy tech stocks.
I think these two growth stocks in industry leading positions have the potential to reward patient investors over the next decade. The post 2 growth stocks for the next 10 years and beyond appeared first on The Motley Fool UK.
Watching the FTSE falling can give us sleepless nights. But I also see some attractive value shares for long-term investors. The post 5 top value shares to buy in a stock market crash? appeared first on The Motley Fool UK.
The turmoil affecting the world's financial system was caused by "contagious bank runs", the US Treasury Secretary has said.
Rate hits 10.4% in February, tilting back up after recent falls
Yahoo Finance