Neil Young Spotify stance hits Hipgnosis, Rolls-Royce in target price
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Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
1. Neil Young, Hipgnosis and Spotify
When the contrary ancient hippie singer/songwriter Neil Young took a principled stand against music streaming site Spotify, he probably did not realise he was stirring up trouble for Hipgnosis Songs Fund Limited (LSE:SONG) (Hipgnosis Songs Fund Limited (LSE:SONG)).
2. Deutsche Bank upbeat over Rolls-Royce
Rolls-Royce Holdings PLC (LSE:RR.)‘s (Rolls-Royce Holdings PLC (LSE:RR.)) share price target has been hiked by Deutsche Bank but it cautioned that the engine-maker continues to face uncertainties about the level of work from its airline end market.
3. Lloyds in lowest mortgage rates ever
Lloyds Banking Group PLC (LSE:LLOY) (Lloyds Banking Group PLC (LSE:LLOY)) has launched a 10-year mortgage with a fixed interest rate of 1.66%, as home buyers look for loans that will protect them from rising interest rates and higher living costs.
4. February fun for Footsie
The FTSE 100 index closed 71.41 points, or nearly 1.0% higher at 7,535.78 on the first session of the new month.
5. UK house prices starting to ease
The housing market had its strongest start to the year since 2005 but some are seeing signs of some slowing
And more one tomorrow’s news
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