Britain has received a resounding vote of confidence from the International Monetary Fund ahead of the release of official figures expected to show the economy back at pre-crisis levels.
Shares in Kingfisher, the owner of B&Q, tumbled by 8pc on Thursday after the DIY retailer reported falling sales across Europe.
LONDON (Reuters) - Britain's pay-TV group BSkyB (BSY.L) will on Friday unveil its multi-billion euro deal to buy Rupert Murdoch's assets in Italy and Germany, sealing a plan to create a pan-European giant with almost 20 million customers.
Regulator Ofgem has ordered energy companies SSE and UK Power Networks (UKPN) to pay an additional �3.3 million after a probe into how they handled last winter's storms.
LONDON (Reuters) - Britain's main equity index pushed forward on Thursday, as gains at media company Reed Elsevier helped offset a slump in home improvements retailer Kingfisher.