Back to previous section

Friday newspaper round-up: Harrods, USD1, European ETFs

Staff at the Co-op have been ordered to keep their cameras on during remote meetings to verify attendees while Marks & Spencer has halted all recruitment as the companies tackle cyber attacks. Both retailers have had to shut down parts of their IT systems after hackers infiltrated their networks with alleged ransomware attacks. Harrods, the luxury London department store, became the third household name to confirm it had fallen victim to cyber criminals on Thursday. - The Times

US dollar

Source: Sharecast

A stablecoin launched by Donald Trump’s World Liberty Financial cryptocurrency venture is being used by an Abu Dhabi investment firm for its $2bn investment in crypto exchange Binance, one of World Liberty’s co-founders said on Thursday. World Liberty, which aims to allow people to access financial services without intermediaries like banks, said in March it would launch USD1, a dollar-pegged stablecoin backed by US treasuries, dollars and other cash equivalents. - Guardian

Investors piled record amounts into European exchange-traded investment funds at the start of 2025 as capital flowed out of US assets, fresh data suggests. US President Donald Trump's imposition of tariffs on imports from around the world has seen investors reposition their exposure away from the country. During the opening three months of the year, the European ETF market saw inflows of $93billion of net new assets as Trump threatened and later imposed tariffs on trade partners, according to figures from Invesco. - Daily Mail

The incoming boss of National Grid has raised concerns about the pace of net zero and said that oil will be needed for decades. Zoë Yujnovich, who will take up the role of National Grid chief executive in November, previously warned that the journey to net zero “must be achieved whilst providing a stable and reliable supply of energy”. - Daily Telegraph

National Grid ( NG. )

Isin: GB00BDR05C01
Exchange: London Stock Exchange
Sell:
1,015.50 p
Buy:
1,025.50 p
Change: -29.50 ( -2.80 %)
Date:
Prices delayed by at least 15 minutes

Compare our accounts

If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.

View our accounts

Lloyds Bank is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.

Important legal information

Lloyds and Lloyds Bank are trading names of Halifax Share Dealing Limited. The Lloyds Bank Direct Investments Service is operated by Halifax Share Dealing Limited. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG. Registered in England and Wales no. 3195646. Halifax Share Dealing Limited is authorised and regulated by the Financial Conduct Authority, 12 Endeavour Square, London, E20 1JN under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.

Logo Allfunds

The information contained within this website is provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd unless otherwise stated. The information is not intended to be advice or a recommendation to buy, sell or hold any of the shares, companies or investment vehicles mentioned, nor is it information meant to be a research recommendation. This is a solution powered by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd incorporating their prices, data news, charts, fundamentals and investor tools on this site. Terms and conditions apply. Prices and trades are provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd and are delayed by at least 15 minutes.

FE fundinfo Logo

Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.

Refinitiv Logo

© 2025 Refinitiv, an LSEG business. All rights reserved.