Wednesday, 4th March 2015

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UK government sell 40% Eurostar stake

Wed 4th Mar 15, 17:32:17

The UK government will sell its 40% stake in cross-Channel train operator Eurostar to an Anglo-Canadian consortium for £757.1m.

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UKIP would bring Australian immigration model to UK

UKIP would remodel the UK's immigration system to resemble the Australian points based system in an effort to get immigration "back to normal", said party leader Nigel Farage. 4 hours ago

London close: Stocks erase losses as ITV, StanChart and IAG gain

After a weak start, UK markets managed to push into positive territory by Wednesday's close as decent gains from ITV, Standard Chartered and IAG offset some heavy falls in the mining sector. 4 hours ago

Europe close: Stocks rally after Eurozone retail sales figures impress

European stocks rallied as investors weighed strong data and a weaker euro ahead of the European Central Bank's Thursday policy meeting. 4 hours ago

Drop in UK non-food shop prices accelerated in February

Shop prices dropped for a 22nd consecutive month running in February, as deflation in the non-food sector accelerated, according to an industry survey. 3 hours ago

Sector movers: StanChart and Barclays give banks a boost

Decent gains from the likes of Standard Chartered and Barclays drove the UK banking sector higher on Wednesday. 5 hours ago

FTSE 250 movers: Greggs higher on shareholder returns

Greggs topped the risers after the baker grew its pre-tax profit last year by 50%, allowing it to return up to £10m to shareholders in the first half of 2015 by resuming its share buyback programme. The company's chief executive, Roger Whiteside, noted that 2014 was a year of significant change and saw an exceptional step-up in performance as the company began to implement its new strategic plan centred on the growing food-on-the-go market. 5 hours ago

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