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<p class="byline-section"><span class="article-timestamp article-timestamp-updated"> <span class="article-timestamp-label">Updated:</span> 03:02 EST, November 7, 2023 </span> </p>
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<p class="mol-para-with-font">The FTSE 100 will open at 8am <span>Companies with today’s business reports and updates include Metro Bank, The Restaurant Group, Persimmon, Vistry. Línea Directa and Foxtons. Read the Business Live blog from Tuesday 7 November below.</span></p>
<p class="mol-para-with-font">> If you are using our app or a third-party site, click here to read Business Live</p>
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<h2 class="postItemTitle_1WqUGhNH">TRG bidder withdraws</h2>
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<p class="embedParagraph_1I1nW9oF">PizzaExpress Wheel owner Topco will not make a bid for The Restaurant Group, citing current market conditions.</p>
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<p class="embedParagraph_1I1nW9oF">“Wheel Topco confirms that, due to market conditions, it has no intention of making a bid for TRG,” the company said in a statement.</p>
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<h2 class="postItemTitle_1WqUGhNH">Watchdog apologizes to former NatWest boss Rose over Farage debacle<br />
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<div class="embed-dm-image_32IWLKV6"><a target="_blank" href="https://www.thisismoney.co.uk/money/markets/article-12717055/Watchdog-apologises-former-NatWest-boss-Rose-Farage-debacle.html" rel="noopener"></a></div>
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<h2 class="postItemTitle_1WqUGhNH">Metro Bank deposits fall 5%</h2>
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<p class="embedParagraph_1I1nW9oF">Metro Bank’s deposits fell another 5 percent in the third quarter, but the troubled lender told investors that the surge in capital outflows before last month’s capital raise had now returned to “more normal ranges.” . </p>
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<p class="embedParagraph_1I1nW9oF">The bank revealed a £325m capital increase in October and a £600m debt refinancing, after urgent talks to strengthen its balance sheet.</p>
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<p class="embedParagraph_1I1nW9oF">Deposits as of September 30 stood at £15.61 billion, up from £16.37 billion a year earlier. </p>
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<h3 class="social-links-title">Share or comment on this article: LIVE BUSINESS: Metro Bank deposits fall; TRG Bidder Pulls Out; Persimmon raises construction target</h3>
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<p class="mol-style-italic byline-section justify">Some links in this article may be affiliate links. If you click on them, we may earn a small commission. That helps us fund This Is Money and keep it free to use. We do not write articles to promote products. We do not allow any commercial relationship to affect our editorial independence.</p>
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<p><a href="https://whatsnew2day.com/business-live-metro-bank-deposits-dip-trg-bidder-pulls-out-persimmon-lifts-build-target/">BUSINESS LIVE: Metro Bank deposits dip; TRG bidder pulls out; Persimmon lifts build target</a></p><!-- /wp:html -->
The FTSE 100 will open at 8am Companies with today’s business reports and updates include Metro Bank, The Restaurant Group, Persimmon, Vistry. Línea Directa and Foxtons. Read the Business Live blog from Tuesday 7 November below.
> If you are using our app or a third-party site, click here to read Business Live
TRG bidder withdraws
PizzaExpress Wheel owner Topco will not make a bid for The Restaurant Group, citing current market conditions.
“Wheel Topco confirms that, due to market conditions, it has no intention of making a bid for TRG,” the company said in a statement.
Watchdog apologizes to former NatWest boss Rose over Farage debacle
Metro Bank deposits fall 5%
Metro Bank’s deposits fell another 5 percent in the third quarter, but the troubled lender told investors that the surge in capital outflows before last month’s capital raise had now returned to “more normal ranges.” .
The bank revealed a £325m capital increase in October and a £600m debt refinancing, after urgent talks to strengthen its balance sheet.
Deposits as of September 30 stood at £15.61 billion, up from £16.37 billion a year earlier.
Share or comment on this article: LIVE BUSINESS: Metro Bank deposits fall; TRG Bidder Pulls Out; Persimmon raises construction target
Some links in this article may be affiliate links. If you click on them, we may earn a small commission. That helps us fund This Is Money and keep it free to use. We do not write articles to promote products. We do not allow any commercial relationship to affect our editorial independence.
