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9:09a.m. BST

World markets

Shanghai 3,705.77 -83.40 (-2.20%)
S&P 500 2,108.57 +15.32 (0.73%)
Nikkei 225 20,522.83 +219.92 (1.08%)
Hang Seng Index 24,497.98 -121.47 (-0.49%)
TSEC 8,651.49 +88.01 (1.03%)
EURO STOXX 50 3,581.62 +6.09 (0.17%)
CAC 40 5,031.73 +14.29 (0.28%)
S&P TSX 14,301.80 +224.44 (1.59%)
S&P/ASX 200 5,669.50 +45.30 (0.81%)
BSE Sensex 27,722.24 +158.81 (0.58%)
TA25 1,723.65 +5.93 (0.35%)
SMI 9,404.13 +16.16 (0.17%)
ATX 2,488.11 +6.13 (0.25%)
IBOVESPA 50,245.14 +643.55 (1.30%)
SET 1,417.49 +9.42 (0.67%)
BIST100 78,465.79 +386.03 (0.49%)
IBEX 11,266.00 -16.90 (-0.15%)
WIG 52,432.42 +144.32 (0.28%)
TASI 9,107.39 0.00 (0.00%)
MERVAL 10,420.56 +268.76 (2.65%)

Currencies

GBP/USD 1.5608 +0.0008 (0.05%)
GBP/EUR 1.4233 +0.0030 (0.21%)
GBP/JPY 193.8016 +0.4491 (0.23%)
GBP/HKD 12.0981 +0.0056 (0.05%)
GBP/CNY 9.6909 +0.0048 (0.05%)
GBP/AUD 2.1404 +0.0024 (0.11%)
British Gas owners Centrica to axe thousands of jobs
British Gas owner Centrica is axing up to 6000 jobs despite reporting that profits were up 44 per cent to �656 million during the first half of 2015.
British Gas owner Centrica cuts 6000 jobs  
British Gas Profit Up 99% As Owner Cuts Staff  
Market Chart
6,642.97 +11.97 (0.18%)
17,555.92 +43.11 (0.25%)
3,625.20 +6.75 (0.19%)
3,874.14 +0.62 (0.02%)

Top stories

Royal Dutch Shell is cutting 6,500 jobs and is to reduce capital spending by 20 per cent this year, as the oil company takes dramatic action in response to the plunge in oil prices.
Royal Bank of Scotland holds its annual general meeting at its Edinburgh headquarters. Photograph: Ken Jack/Demotix/Corbis. Jill Treanor.
John Allan CBE is chair of London First and a founding signatory of the airport expansion campaign group Let Britain Fly. www.letbritainfly.
Aircraft engine manufacturer Rolls-Royce has posted an 32pc drop in half-year profits, down to �439m, compared with �646m in the same period last year.
Defence group BAE Systems has reported flat profits in the first six months of the year, with underlying earnings of �800m. The FTSE 100-listed business, the second-largest arms group in the world, said on Thursday revenues over the period rose by 11 ...

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