Network Rail directors have been meeting with government officials to explore the potential quasi-privatisation of the company, the Sunday Times reported. The idea is being considered as a way to fix its service and prevent costs from spiralling on major projects. The newspaper cited senior sources
Credit Suisse has reiterated an 'outperform' rating for BT and raised its price target from 495p to 510p. Analysts said in a note they expected the BT-EE merger to be approved and said forced a spin-off of BT's wholesale broadband division OpenReach was unlikely. BT is attractively valued against t
BT, TalkTalk and Virgin have signed up to a broadband code of practice for small businesses as Ofcom released new research Thursday. The media regulator's research found about 20% of small businesses were unhappy with not being able to access the internet speeds they were led to expect. The thr
Hopes over Greece were dashed on Wednesday night after Greek PM Alexis Tsirpas failed to reach a deal after seven hours of talks with creditors, writs the Financial Times. A senior Eurozone official said discussions produced "not much progress". BT is asking Ofcom to let it scrap the traditional tel
Acacia Mining: Morgan Stanley keeps at equalweight, raises target to 285p from 251p. BHP Billiton: Morgan Stanley stays at equalweight and lifts target to 1,250p from1,150p. Anglo American: Morgan Stanley reiterates underweight and lowers target to 850p from 920p. Antofagasta: Morgan Stanley still
The UK stock market ended on the back foot on Friday as concerns about ongoing Greek debt talks continued to weigh on investor sentiment. The FTSE 100 was down 0.90% at 6,786 at the close after the International Monetary Fund's technical team quit discussions due to a lack of progress from Athens.