FTSE

The government has cancelled a lead firm on the e-borders contract over delays, Immigration Minister Damien Green said.

Shares in Fuller, Smith & Turner were up in afternoon trading after the pub-owner reported a rise in sales in the quarter ended 17 July.

Shares in BP were down on the FTSE 100 in afternoon trading as BPs attempts to deal with a catastrophic oil leak look like being hampered by a tropical storm gathering in the Bahamas.

UK's Gross Domestic Product grew by 1.1 pct last quarter as economists forecasts were left behind in a massive construction, business and manufacturing growth that beat forecasts by as much as two times forecast of 0.5 - 0.7 pct.

Shares in British banks were broadly up in morning trading on the FTSE 100 after stronger than expected GDP figures for the second quarter helped offset fears about the results of stress tests due to be released today.

Shares in Vodafone were up in morning trading on the FTSE 100 after the group said it had returned to organic revenue growth in the quarter ended 30 June.

Shares in BP were up in afternoon trading on the FTSE 100 despite coming under fire for posting doctored pictures relating to the oil spill in the Gulf of Mexico on its website.

Santander is apparently gearing up to launch an IPO for its Abbey National and Alliance & Leicester UK (including Bradford & Bingley deposits) onto the stock market to raise money for its expansion here.

Shares in British banks were up on the FTSE 100 in morning trading ahead of stress test results due out tomorrow.

Shares in Kingfisher, owner of B&Q, were down on the FTSE 100 in morning trading after the company said it was cautious about the near future, after delivering a statement for the second quarter ended 10 July.

Shares in Kingfisher were up on the FTSE 100 and are a recommended buy ahead of tomorrow's statement on Q2 trading from the company.

Shares in Land Securities were up on the FTSE 100 in morning trading after the company said it would be beginning work on its Trinity Leeds development in Leeds city centre.

Oil company, BP's shares are rising on the FTSE 100 today after agreeing asset sales worth $7 billion to the company to Apache Corp - an upstream oil company that develops resources for sale.

Shares in chemical company Johnson Matthey were up in morning trading on the FTSE 100 after the group reported a rise in sales excluding precious metals, of 32 per cent in the first quarter ended 30 June.

Cabin crew have voted by two-third majority to reject the latest offer from airline British Airways, whose shares fell 2.6 pence on the news.

Shares in BP were up in afternoon trading on the FTSE 100 after losing over one per cent of their value in morning trading.

Cable & Wireless Worldwide, the telecoms provider that was spun off from Cable & Wireless Communications, has issued a warning that full-year earnings would be negatively impacted by austerity cuts sendings its shares sliding 16 pct.

Shares in pharmaceutical giant GlaxoSmithKline were down in afternoon trading on the FTSE 100 and are a recommended hold ahead of tomorrow's Q2 results announcement.

Shares in IG Group Holdings were down on the FTSE 250 in afternoon trading despite posting a rise in adjusted pre-tax profit of 25 per cent to £157.6 million in the full year ended 31 May.

Shares in water company Severn Trent were up on the FTSE 100 after the group said that trading for the quarter ended 19 July had been in line with expectations throughout the period.

Enterprise Inns have risen 2.5 pence after the World Cup boosted sales at the tenanted pub company.

Now however BP faces yet more attacks as U.S. legislators are looking not just at BP's safety precautions in the Gulf of Mexico, but at the possibility that the company may have lobbied for the release of Abdelbaset Ali al-Megrahi, the man convicted of killing 270 people with the bombing of Pan Am flight 103 in 1988. Of the 270 victims 190 were from the U.S.

Shares in British banks were down on the FTSE 100 in morning trading as investors exercised caution ahead of results due to be published by U.S. banking giant Goldman Sachs.

Shares in betting firm William Hill were down on the FTSE 250 and are a recommended buy after a successful World Cup mixed with a "disappointing" performance from the group's core horse race betting business.

Shares in British banks were mixed in morning trading on the FTSE 100, with Barclays and RBS shares dropping amid concerns about the eurozone and the state of the global economic recovery.

Shares in British banks were down on the FTSE 100 as U.S. bank JP Morgan reported weaknesses in its investment banking arm.

Shares in fashion retailer Burberry were up on the FTSE 100 in morning trading after the company said it would be buying out 50 franchise stores in China for £70 million.

BT Global Services has announced a €173 million four year deal with Unilever to improve their infrastructure - including comms, supply chain and wireless technology.

GlaxoSmithKline, has announced it is settling the “substantial majority” of claims against its ‘thiazolidinedione’ Avandia which was found to cause death in ‘heart failure’ patients after it was released to market.

Shares in British banks were down on the FTSE 100 in morning trading as fears of a weaker global economic recovery once more entered the front of investor's minds.