Retail sales slowed between March and April as new data is released by Office of National Statistics.
Shares in National Grid Plc dropped over six per cent on the FTSE 100 after the group announced a surprise rights issue worth £3.2 billion. The cash raised will be used to increase investment and improve the company's credit rating.
Jupiter Asset Management, one of the UK's best known fund managers, is set to launch an IPO which could net the company in excess of £1bn.
Shares in pub-owner Mitchells & Butlers were soaring over four per cent on the FTSE 250 after the group said that it announced a rise in profit of 55 per cent and said it was "confident" of its future prospects.
Land Securities say rental incomes for FY10 have fallen after asset sales, and is in talks to revive them by building in the heart of the City of London.
The Confederation of British Industry has called for an immediate freeze in the public sector pay bill for the next two year and has said that public services need to be "re-engineered" in order to get the deficit down.
The Bank of England's Monetary Policy Committee voted unanimously in favour of holding interest rates at 0.5 per cent at its meeting on 7-10 May, held the week after the general election.
ICAP Plc, the world’s largest broker of transactions between banks, said full-year pretax profit fell 5 percent as markets stabilized and volatility declined.
ICAP, the interdealer and Man Group, the publically listed hedge fund are rising ahead of ICAP's full year results announcement.
Yell, the directories group, have fallen on the FTSE 250 despite a a swing of more than 1.19 billion as CEO and CFO both announced their intention to quit.
Vodafone have beaten analyst expectations today with a £11.9 billion profit using guidance assumptions.
Cineworld, national cinema chain are ahead of expected total revenue by 13.9 pct. The UK's second largest cinema chain after Odeon, Cineworld has seen a growth of 13.9 pct mainly due to box office revenue on the success of Avatar and Alice in Wonderland.
This week ahead sees crisis talks between the union and British Airways as their latest set of results.
The new Chancellor of the Exchequer, George Osborne, is to launch a new Office of Budget Responsibility that will be tasked with holding the government to account on cutting its budget deficit.
RBS shares have fallen on the FTSE 100 as it emerged that American Express had joined the bidding for its Worldpay - payment processing.
J Sainsbury are on 'reduce' after the retailer announced slowing like-for-like sales.
Alliance Boots have released their preliminary results for 2009/10 which have grown organically by 9.6 pct.
The Office of Fair Trading has said that it will examine the ownership and control of economic infrastructure in Britain such as airports, ports, car parks and household utilities.
Kingfisher, owner of B&Q, is expected to perform well in Q1 after Nomura released their latest guidance on the hardware and diy store.
IT firm Computacenter's revenues have risen after strong rebound in UK sales.
FirstGroup shares are roughly the equivalent of a 'weak sell' on the FTSE 250 after full year results.
BT Group shares are up 8.90 pence as the telecoms provider get a boost from fundamentals.
easyJet have cancelled dozens of flights this week as further ash disruption continues to affect services.
Thomas Cook half year results are expected tomorrow with consensus forecast for 2010 around £325m.
David Cameron received a timely reminder on his first full day as Prime Minister that solving the economic problems of the nation should be of foremost concern to his new government.
The bus and rail group has put out a statement that it is trading in line with expectations on the backdrop of a challenging trading environment.
Kesa Electricals, owner of Comet and Darty France electrical stores, shares have fallen despite Chief Executive Thierry Falque-Pierrotin saying the group was on track to meet profit expectations of £72 million.
Enterprise Inns shares are up after the company agreed to refinance its debt.
Sentiment in the housing market rebounded "across the board" in April, thanks to better weather and hopes of a post-election bounce, according to the results of the Royal Institute for Chartered Surveyors latest survey.
easyJet has said that ash disruption from the Icelandic volcano could be up to £75 million as it seeks to get back on track after it was forced to shutdown during snow and ash problems.
