FTSE

Shares in British banks were down on the FTSE 100 in morning trading as investors continued to take in the impact of the Emergency Budget of the new coalition government, announced on Tuesday.

Buyout vehicle Resolution is to buyout the UK life assurance business for £2.75 billion. The deal, which includes the life insurance business, pensions business, Corporate and Annuities business is underwritten by Barclays Capital and RBC Capital Markets - and other shareholders of the buyout group.

Shares in DSG International were up on the FTSE 250 and are a recommended "buy" ahead of tomorrows preliminary results, which are expected to show a significant rise in pre-tax profit.

Imagination Technologies, the chip designer, which licenses and sells its designs to Intel and Apple has fallen on the FTSE 250 today after announcing full year pre-tax profits of £10.2 million.

Shares in Lloyds Banking Group and RBS were up on the FTSE 100 following yesterday's emergency budget, announced by the Chancellor of the Conservative-Liberal Democrat coalition government, George Osborne.

Stagecoach Group, the rail and bus operator is looking towards a profitable year ahead after winning a dispute with the DfT earlier this year.

Kesa Electricals has beaten its profits targets as it reported full year profits of £81.9m - above the £75 million it had predicted for for the 12 months ended 12 April.

Budget airline easyJet has welcomed news in today's Emergency Budget, announced by George Osborne, that Air Passenger Duty will be reformed.

Shares in Kesa Electricals were up on the FTSE 250 and are a weak hold ahead of tomorrow's full year results, which are expected to show a rise in pre-tax profit of 10.5 per cent to around £77 million.

Join our live coverage of the first 'Emergency Budget' in a decade as Chancellor George Osbourne seeks to establish Britain's growth in a series of austere measures at taking away the taxing burdens of the UK's structural deficit as fast as possible.

Shares in British banks were down in morning trading on the FTSE 100 after initial gains made yesterday on world markets turned to losses.

Shares in Whitbread were up over three per cent on the FTSE 100 and are a "strong buy" after the group reported a rise in group like for like sales of 7.6 per cent in the 13 weeks to 3 June, while total group sales were up 13.5 per cent.

Shares in British banks were up on the FTSE 100 following news that China is to make its currency more flexible after ongoing pressure from the US government to do so.

Santander is confirmed as the only bidder today for RBS' approximately 318 historic ex-Williams & Glyn's banking branches.

Shares in RBS were up on the FTSE 100 in morning trading, leading British banks after Santander confirmed that it made an offer for its 318 Williams & Glyn's branches.

A full statement of Chief Executive of BP, Tony Hayward's testimony in front of Congress.

'Rule Britannia' is the message that one brokerage, Nomura is giving these days, after Prudential’s failed bid for AIA, highlights the need for ‘British’ businesses to target a ‘British market’.

Stagecoach has won a dispute with the Department for Transport regarding the date from which it could receive revenue support from the DfT for its South Western Trains franchise.

Game Group shares fall on the FTSE 250 by 6.74 pct after the group reported yet another decline in sales following the nineteen weeks of February 1 to 12 June.

Shares in RBS were up on the FTSE 100 after the part-nationalised bank confirmed that it would be disposing of its units in Pakistan and the United Arab Emirates. It is also expected to sell off its assets in Kazakhstan.

Jupiter Asset Management, the UK's most well-known asset manager, has successfully launched its IPO netting it a £220m windfall for the company, and £33.5m for its fund managers and directors.

Shares in British banks were up in morning trading on the FTSE 100, with RBS leading the way with shares up over two per cent.

Shares in J Sainsbury were up on the FTSE 100 and are a weak hold after the supermarket group reported a rise in first quarter sales of 1.1 per cent.

J Sainsbury PLC sales growth has slowed in Q1 in their Interim Management Statement released today.

Shares in J Sainsbury were up on the FTSE 100 in afternoon trading and are a "weak hold" ahead of tomorrow's first quarter trading statement.

Shares in BSkyB were soaring almost 20 per cent on the FTSE 100 in afternoon trading after it emerged that News Corporation, owned by Rupert Murdoch, is attempting to takeover the remaining 60.9 per cent of the company's shares that it does not yet hold.

Shares in Barclays bank were up on the FTSE 100 thanks to positive comments from Morgan Stanley about the banks prospects compared with that of its rivals.

Shares in Tesco were down on the FTSE 100 and are a recommended hold ahead of its first quarter trading statement due tomorrow.

Shares in Lloyds Banking Group fell on the FTSE 100 in morning trading following a report by the Sunday Times that said the group was considering floating 600 of its branches on the stock market.

Wincanton, a logistics and distribution specialist, hopes to improve after a dismal year saw £20 million operating profit fall to just £3 million.