Around 1,200 British holidaymakers have been left stranded in uncertainty, mostly in Spain, after travel company Sun4U announced that it had collapsed.
UK Retail sales for July and inflation data is set to go in differing directions next week as retail sales slow despite recent gains due to World Cup and inflation falls.
Shares in British banks were broadly up on the FTSE 100 in morning trading, following gains on the stock market yesterday afternoon.
Shares in De La Rue were down in morning trading on the FTSE 250 following yesterday's announcement that CEO James Hussey had resigned with immediate effect.
Shares in Dana Petroleum were down in afternoon trading on the FTSE 250 after it said it would not be supporting a £1.7 billion takeover bid from the state owned Korea National Corp (KNOC).
BAA's planned strike action is going ahead after the Unite press conference concluded with a vote three-to-one against the 1 pct pay offer on the table.
CML, the Council of Mortgage Lenders has downgraded its forecasts for the year by £10 bn to £140bn after finding less confidence in the second half of the year than previously thought.
Shares in British banks were broadly down in morning trading on the FTSE 100 after the Bank of England yesterday predicted a more "choppy" recovery than was previously hoped for.
Shares in Prudential were up in morning trading on the FTSE 100 after the insurance giant reported a rise in operating and underlying profit in the first half of the year.
Shares in Prudential were down on the FTSE 100 in afternoon trading, ahead of the group's first half results, which are due out tomorrow.
Nationwide's consumer confidence fell for the third consecutive month today as the building society announced it now stands at similar levels to a year ago amidst the height of the recession.
The pound has lowered to a one week low versus the dollar today amidst further evidence that the Bank of England are to keep interest rates low. The signs of 'softening' confidence in the economy is leading the central bank to lower its forecasts for next year to 2.5 pct from 3.4 pct in May.
Shares in Balfour Beatty rose in morning trading on the FTSE 250 after the housebuilder reported a rise in pre-tax profit for the half year ended 26 June.
Mervyn King, Governor of the Bank of England lowered forecasts for economic growth in UK after high Inflation prospects rose. The Bank now forecasts 2.5 percent next year - down from its forecast in May of 3.4 percent growth.
Shares in British banks were down in morning trading on the FTSE 100 as news from the U.S. Federal Reserve yesterday failed to reassure investors about the prospects of the economic recovery.
Shares in Thomas Cook were down in morning trading on the FTSE 250 after the travel company said it lost a higher than expected £81.9 million as a result of airspace disruption brought on by the volcanic ash cloud earlier this year.
Annual growth in the weekly pay and bonuses has decreased according to the Office of National Statistics.
Standard Life results due to report a forecast £293m profit for the first six months of this year after first quarter sales rose 30 pct to £4.6 billion.
Airport owner BAA has said that the number of people travelling through its United Kingdom airports increased by 0.3 per cent to 10.9 million last month.
Shares in Greggs were down in morning trading on the FTSE 250 after the baker reported a rise in pre-tax profits in the half year ended 3 July. The group also said it expected a rise in "ingredient costs" due to droughts in Russia pushing up wheat prices.
The UK's trade deficit narrowed in June as rising exports boosted hopes of a export-led recovery.
Shares in British banks fell in morning trading on the FTSE 100 after economic data on retail sales, and house prices suggested the recovery is progressing slower than previously hoped for.
Intercontinental Hotels Group has delivered profits ahead of expectations after Revenue per available room - a key measure of a hotels' performance - increased globally at 3.9 pct at constant currency.
Shares in TUI Travel dived in morning trading on the FTSE 100 after the group said it took a £105 million hit as a result of air space closures prompted by a giant ash cloud being emitted from an Icelandic volcano earlier this year.
3, the UK's fifth largest mobile operator has the last to announce it will stock Blackberry's latest 'Torch' phone.
The construction sector is to face up to 35-40 pct this September/October warned construction firm, Morgan Sindall.
July car sales declined by 13.2 per cent from the same month last year, thanks to weak consumer confidence, the World Cup and the end of the previous government's car scrappage scheme, the Retail Motor Industry has said.
National Grid rises on FTSE 100 after GDF Suez / International Power acquisitionNational Grid is rising on the FTSE 100 today after the GDF Suez / International Power deal lifted both the Electricity and Gas, Water, Multiutilities sector.
The FTSE 100 is rising today after GDF's long heralded deal with International Power - creating the world's largest station manager - is almost finished and could be formally announced shortly.
Shares in BP were up in morning trading on the FTSE 100 as oil prices rose and the group said that it had effectively plugged the oil leak at the Macondo oil well in the Gulf of Mexico.