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Morrisons leads the risers as investors pin their hopes for the stock on a series of new concepts being unveiled today at an investor meeting. Hot on its heels was cruise operator Carnival after being upgraded by Exane BNP Paribas from under-perform to out-perform. On Friday, the firm reported a
Read more- Chinese deficit figures disappoint. - Eurogroup meet in Brussels to sign off on Greek bailout. - Former RBS directors sued. Some disappointing economic data from China took the shine off a better-than-expected US jobs report on Friday, as the Footsie opened the week on a dull note with stocks sli
Read moreBarclays has revealed that three of its executives were rewarded with pay and bonuses worth over six million pounds each for their work in 2011. Chief Executive Officer (CEO) Bob Diamond was given a total of £6.3m in remuneration, which includes a £1.35m basic salary, a £2.7m deferred bonus in shar
Read more-Greek debt-swap participation rate estimated at 58%. -Greek government confident of achieving rate of at least 75%. -Admiral surges after full-year results. London's blue chips bounced back today, following yesterday's sharp selling, with investors now looking to tomorrow's Greek debt-swap deadlin
Read more- Admiral jumps 11% as outlook improves. - BATS, CRH, Serco down after going ex-dividend. - Markets await the Greek debt-swap deadline. Following a shaky start, London's FTSE 100 index looked to have found its direction by midday, trading three tenths of a percent point higher following the sell-of
Read more- Uncertainties surrounding Greek debt-swap participation. - Oil falls as EU restarts talks with Iran. - Polymetal tumbles after UBS downgrade. Global stock markets tanked on Tuesday on the back of speculation that the Greek debt-swap may not receive as many acceptances as hoped for. The miners wer
Read more- Kazakhmys drops after broker downgrades. - Banks jumps after Goldman comments. - Eurogroup releases 58bn euros but delays full Greek bailout. - 25 EU members sign fiscal pact. The FTSE 100 fell close to its lowest levels of the day on Friday as Eurozone concerns continued to dampen the mood. A
Read more- Eurogroup releases 58bn euros but delays full Greek bailout. - Banks park record amount in ECB overnight. - International Power rises on Indonesian deal. - Goldman upgrades banks, utilities. The FTSE 100 was still trading slightly lower by lunchtime, with all eyes on the Eurozone. European leade
Read more- Eurogroup releases 58bn euros but delays full Greek bailout. - ECB 'reasonably satisfied' with LTRO - International Power rises on Indonesian deal. The Footsie opened flat in early trading on Friday on news that European leaders have delayed the decision to fully bail out Greece for another 10 da
Read more- Greek CDSs will not be triggered, ISDA says. - Merkel may be willing to consider bailout fund increase. - Man Group surges after shaking up divi policy. - Tata weighing up a bid for Cable and Wireless Worldwide. It was a bullish start to March, with London's blue chips finishing close their hi
Read more-Footsie trade within narrow range, edges 0.2% higher. -GKN, Whitbread, Serco disappoint after results/updates. -Persimmon jumps 13% after announcing cash return. London's FTSE 100 index held on to moderate gains by lunchtime, after having traded within a narrow range of just 19 points in the morni
Read moreBarclays Bank must pay back half a billion pounds worth of tax which it had done its best to avoid, the BBC reports. The banking giant was accused by HM Revenue and Customs of avoiding the £500m in tax by creating and implementing two schemes which have now been closed and must now allegedly pay b
Read moreBarclays has been stopped from using two "highly-abusive" schemes that would have helped it avoid paying hundreds of millions of pounds in tax. It is understood that other major banks also tried to use the same schemes to avoid paying a total of £500m in tax. HM Revenue & Customs (HMRC) said that it
Read more- Essar drops after full-year results. - Vedanta confirms merger of Indian subsidiaries. - HSBC beats expectations in 2011. London's blue chip index fell sharply in early trading on Monday after a G20 meeting failed to alleviate concerns over the economic crisis in Europe. Essar Energy and the mine
Read more- Vedanta jumps on further speculation of restructuring in India. - Lloyds falls on tough outlook for 2012. - BoE's Fisher thinks outlook is 'incredibly uncertain'. The Footsie finished flat on Friday after the blue chip index swung between gains and losses in a tight range of just 20 points or so
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