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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 24,373.34 -38.08 (-0.16%)
TSEC 8,510.86 -13.55 (-0.16%)
EURO STOXX 50 3,614.01 -21.39 (-0.59%)
CAC 40 5,087.65 -32.87 (-0.64%)
S&P TSX 14,468.73 +85.97 (0.60%)
S&P/ASX 200 5,697.90 +18.60 (0.33%)
BSE Sensex 27,905.80 -281.26 (-1.00%)
TA25 1,717.76 -0.31 (-0.02%)
SMI 9,456.97 -12.00 (-0.13%)
ATX 2,485.79 -13.65 (-0.55%)
IBOVESPA 50,138.05 -726.73 (-1.43%)
SET 1,432.82 -9.22 (-0.64%)
BIST100 78,670.16 +506.06 (0.65%)
IBEX 11,198.10 -67.80 (-0.60%)
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 12.0929 +0.0063 (0.05%)
GBP/CNY 9.6842 +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
6,654.33 -34.29 (-0.51%)
17,644.89 -25.22 (-0.14%)
3,633.50 -15.64 (-0.43%)
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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