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8:26a.m. BST

World markets

Shanghai 3,756.54 +133.64 (3.69%)
S&P 500 2,098.04 -5.80 (-0.28%)
Nikkei 225 20,520.36 -27.75 (-0.14%)
Hang Seng Index 24,379.77 -31.65 (-0.13%)
TSEC 8,510.86 -13.55 (-0.16%)
EURO STOXX 50 3,612.79 -22.61 (-0.62%)
CAC 40 5,086.03 -34.49 (-0.67%)
S&P TSX 14,468.73 +85.97 (0.60%)
S&P/ASX 200 5,697.90 +18.60 (0.33%)
BSE Sensex 27,906.27 -280.79 (-1.00%)
TA25 1,717.79 -0.28 (-0.02%)
SMI 9,457.53 -11.44 (-0.12%)
ATX 2,485.06 -14.38 (-0.58%)
IBOVESPA 50,138.05 -726.73 (-1.43%)
SET 1,432.82 -9.22 (-0.64%)
BIST100 78,661.58 +497.48 (0.64%)
IBEX 11,193.40 -72.50 (-0.64%)
WIG 52,651.44 -156.74 (-0.30%)
TASI 8,820.65 0.00 (0.00%)
MERVAL 10,252.07 -81.01 (-0.78%)

Currencies

GBP/USD 1.5598 +0.0009 (0.06%)
GBP/EUR 1.4229 -0.0006 (-0.04%)
GBP/JPY 193.3554 +0.1375 (0.07%)
GBP/HKD 12.0939 +0.0073 (0.06%)
GBP/CNY 9.6843 +0.0041 (0.04%)
GBP/AUD 2.1149 -0.0277 (-1.29%)
RBS: Government sells �2.1bn of shares in bank
The government has begun its sell-off of shares in part-nationalised lender Royal Bank of Scotland, raising �2.1bn. It sold 630 million shares, or a 5.4% stake in the bank, at 330p each, a discount of 7.6p to Monday's closing share price.
Chancellor raises �21.bn from selling off 5.2pc stake in Royal Bank of Scotland  
RBS share sale: Government makes �2.1b selling off 5.4% of the bailed-out bank  
Market Chart
6,654.68 -33.94 (-0.51%)
17,645.33 -24.78 (-0.14%)
3,633.67 -15.47 (-0.42%)
3,893.66 -5.24 (-0.13%)

Top stories

To his colleagues, Tom Hayes was Tommy Chocolate - so called because he preferred cocoa to alcohol when out drinking with City friends.
MUMBAI Aug 4 The Reserve Bank of India held its policy rate at 7.25 percent on Tuesday, pausing as widely expected after a spike in food prices sent consumer inflation to an eight-month high.
Puerto Rico has confirmed that it failed to make a debt payment at the weekend, in the latest sign of the economic crisis in the US territory.
The bank's chief executive talked enthusiastically about how it would redeploy some $200bn of balance sheet capacity into faster growing markets in Asia and the Pearl River Delta region of southern China in particular.
Japanese carmaker Toyota has reported a 10% increase in profits for the first quarter of its fiscal year. For the period from April to June, the company announced a net income of 646.3bn yen (�3.34bn, $5,2bn) up from 587.7bn yen a year earlier.

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