UK Equities



Money, Economy, Finance, Fiscal Matters, Mutual Funds



BAE flying high as defence cutbacks look less ominous
Bid speculation helps London shares stay positive and to extend winning streak

Speculators push up United Utilities and water groups
Bid talk and improving corporate newsflow gives the FTSE 100 a shot at holding on to the strong gains generated by strong economic data over the previous session

Disquiet over ENRC's purchase of Congo assets
Anger is growing among London's investor community over the decision by Eurasian Natural Resources Corp, the London-listed Kazakh miner, to buy a disputed copper project in the Democratic Republic of Congo

BA eyes Indian connection
British Airways chief Willie Walsh flew to Mumbai for his second trip to India in four weeks as his airline faces mounting competition in one of the world's fastest growing aviation markets

Italian betting shop operator targets rival
Italy's €48bn gambling market could be poised for consolidation after Snai, the country's biggest betting shop operator, received a takeover approach from its rival Sisal

Aviva hangs on but Spice heads for Cinven
A top shareholder has signalled it would wait for a better takeover bid even as the UK utility services company's board said it was minded to back the private equity group's £364m approach

Global recovery boosts Stadium
The Aim-quoted group's pre-tax profit more than doubled to £1.5m in the first half of the year as customer demand improved amid a still 'quite patchy' economic recovery

Green strategy works well at Eaga
The UK's largest residential energy efficiency provider posted an increase in pre-tax profit and revenues for the year, which it said showed the resilience of its business model

Morrison strategy seen to include online
Analysts expect Dalton Philips, the new chief executive of the UK's fourth-biggest supermarket, to signal a plan to sell groceries on the web as he sets out his vision for the business

HSBC in clearest warning over relocation
Warning given over British banks moving their headquarters abroad if UK government-appointed Commission on Banking were to decide that big groups should be broken up

Lenders shunned on stress tests doubts
Leading UK and continental European companies eschewing banks from Spain, Italy and even Germany because they do not believe the Europe-wide assessments gave a true picture of their financial health

BP asset sales close to $10bn
The UK group is selling stakes in two petrochemical businesses to Petronas for $363m, which will go towards its target of raising up to $30bn to help pay for the Gulf of Mexico spill

Johnson Service on road to recovery
Garment rental and laundry company's shares rise more than 18 per cent after first-half results reassure investors that it had turned the corner

BP ad spend triples since spill
Revelation that oil group spent $93m in three months after catastrophe in Gulf of Mexico likely to inflame tensions with US lawmakers

BP ready to publish findings of probe
The UK oil group's internal report into the Gulf of Mexico oil spill will focus on a combination of breakdowns and mistakes in the lead-up to the disaster on April 20