Tuesday, 3rd March 2015

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News & Reports

Former Morrison's tax chief sentenced to prison for insider trading

Tue 3rd Mar 15, 17:45:32

Former group treasurer and head of tax and WM Morrison, Paul Coyle, has been sentenced to one year in prison for insider trading.

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US close: Auto stocks drag markets lower, as indices retreat from record highs

US stocks finished in the red on Tuesday as benchmark indices pulled back from record highs and auto shares were dampened by weak sales figures. 2 hours ago

Tuesday tips round-up: Rio Tinto, Intertek

It's cheap and dirty - coal, that is. It has also become increasingly less profitable as the price has continued to decline. Since spring 2011 it has nearly halved. In fact, in the case of Australian mining group Rio Tinto, and at the current market price of $62 a tonne, it is no longer profitable to dig up the stuff and transport it, analysts at BMO Capital have estimated. 5 hours ago

Greece to receive EBRD funding until 2020

Greece will continue to receive financing from the European Bank for Reconstruction (EBRD) and Development until 2020, in the journey to economic overhaul. 5 hours ago

Barclays trustee of EBT buys 300,000 shares in Laird following strong annual results

Barclays Trust Company, a trustee of the Laird group Employee Benefit Trust (EBT), purchased 300,000 ordinary shares of 28.125p each on Tuesday, at an average price of £3.53 per share. 5 hours ago

UK has endured child sex abuse on "industrial scale", says Cameron

UK authorities have failed to tackle child sex abuse, which Prime Minister David Cameron lambasted as operating on an "industrial scale". 6 hours ago

FTSE 250 movers: Moneysupermarket crumbles on compensation concerns

Despite strong results and positive sentiment from many analysts, Moneysupermarket.com led the fallers due to weekend comments from the chairman of the government's Energy and Climate Change Committee, Tim Yeo MP, who called for price comparison companies to compensate customers who had been "duped" into buying energy policies that "may not have been the cheapest or most appropriate for their needs". 8 hours ago

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