UK Equities



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London shares enlivened by Tullett bid
Tullett Prebon raced to the top of the mid-cap FTSE 250 index on Wednesday after reporting it had received a bid

Imperial Tobacco hit by earnings worry
London equity markets erased early gains on Tuesday as weaker-than-expected results held the mining sector at bay, while banks also fell back as market sentiment soured

Car repairs drive Lookers into black
The motor dealership moves to a profit on the back of a good performance from its parts and servicing division as consumers opted to refurbish old cars rather than buying new

Gartmore cautious in spite of inflow of funds
The asset management group offers a cautious outlook for the rest of 2010 despite a £273m net inflow of funds in the first two months of the year as volatility returned to the market

Barclays eyes large US bank deal
The UK banking group is looking at buying a large US retail bank as it tries to rebalance its business away from a booming investment banking franchise

Wide trade gap hits recovery hopes
The UK's trade deficit with the rest of the world reached its widest since August 2008 in January as exports dropped sharply, hitting hopes that the weak pound can deliver an export-driven recovery

Mears shrugs off election concerns
Repair and maintenance group rebuffs concerns over post-election spending cuts and says it is 'very excited' about this year

Hill & Smith profits lifted by road spending
An acceleration of spending on temporary road barriers by the Highways Agency helps the metal products supplier to boost profits in spite of a decline in demand for its galvanising services from industrial customers in northern Europe

Man Group gets vote of confidence
A sixth gain in seven sessions helped London equities to extend their 18-month high, offsetting weakness among pharmaceutical groups

CREO plans to leave Aim
China Real Estate Opportunities has proposed abandoning its listing on London's Aim market to list in Singapore, in an effort to improve the rating of its shares

Bramson eyes acquisitions with listing
Sherborne Investors, Edward Bramson's activist investment group, is expected to use the proceeds to buy a stake of up to 29.9% in a UK-quoted group

Nomura overture from Red Knights
The group of financiers has contacted the investment bank to see if it would act as corporate adviser in a further signal of its intentions to wrest control of Manchester United football club

Regulator finds ethics breach by AstraZeneca
A UK regulatory panel says the pharmaceutical group failed to accurately reflect the side effects of its top-selling antipsychotic drug Seroquel in an advertisement to doctors

Tullett hangs on to phone trading
The interdealer broker says it is 'inconceivable' that over-the-counter trading would move entirely on to pure electronic platforms

World leader chooses well-placed partner
Royal Dutch Shell's move on Arrow Energy is an important step forward in the company's development of Australia's coal bed methane