17.21: The FTSE 100 snatched another positive result from the jaws of consumer gloom as good corporate results from the US lifted the UK index out of its earlier slump.
The eurozone's continued economic stagnation and the crisis in Ukraine have been blamed for the decline in export orders, alongside the impact of the stronger pound.
Greene King could become the biggest pub company in the UK after a potential Spirit takeover. Photograph: Graham Turner/Guardian. Simon Goodley.
Oil prices moved higher on Thursday amid claims that Saudi Arabia, Opec's largest producer, had cut the amount of crude oil it supplied to the market last month.
Cuadrilla's plans to frack for shale gas in Lancashire have suffered further delay after council planners requested an extra two months to consider its proposals.