... * FTSE 100 down ends up 0.4 pct after late recovery. * IAG boosted by traffic figures. * Standard Chartered gains on restructuring plan.
Scottish Power, one of the six leading gas and electricity suppliers, has been temporarily banned from actively selling to new customers while it seeks to solve failures in its customer complaints procedures.
Britain agreed to sell its 40 per cent stake in the Eurostar rail link for �585 million to a consortium of Canadian public pension fund Caisse de Depot du Placement du Quebec and British asset manager Hermes.
Peter Sands of Standard Chartered adorned his valedictory full-year results presentation with the yin and yang symbol and his narrative with creative ambiguity.
Britain has won a landmark legal battle over the place of the City of London in Europe's single market, forcing the European Central Bank to scrap a policy requiring big clearing houses to decamp to the eurozone.