The FTSE 100 has been trading at a fresh five and a half year high close to the end of the session at one point hitting 6754.79 beating the last highest benchmark of 6540.10, which was achieved in July 2007.
The fallout from last year's West Coast mainline fiasco was the �final straw� that forced FirstGroup to launch a heavily discounted rights issue on Monday, according to its chief executive.
The president of the CBI is delivering a firm message from some of Britain's largest employers to David Cameron, calling on him to stop "moralising" on how multinational corporations should be taxed.
Europe is considering extending protection for �insured� deposits of up to �85,000 to all depositors. Last week, George Osborne attacked the plan, saying it could create �perverse incentives� in the markets.
The European Commission investigation into the possible manipulation of oil price benchmarks has widened, with Brussels seeking new information from trading houses, including Glencore, following last week's raids on oil majors.