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3:45pm BST

World markets

Shanghai 3,134.57 +5.04 (0.16%)
S&P 500 2,387.20 +13.05 (0.55%)
Nikkei 225 19,079.33 +203.45 (1.08%)
Hang Seng Index 24,455.94 +316.46 (1.31%)
TSEC 9,841.71 +123.76 (1.27%)
EURO STOXX 50 3,582.92 +5.54 (0.15%)
CAC 40 5,278.12 +9.27 (0.18%)
S&P TSX 15,785.16 +72.70 (0.46%)
S&P/ASX 200 5,871.80 +17.70 (0.30%)
BSE Sensex 29,943.24 +287.40 (0.97%)
SMI 8,772.64 +61.32 (0.70%)
ATX 2,950.28 +10.55 (0.36%)
IBOVESPA 64,330.23 -58.79 (-0.09%)
SET 1,562.27 -2.39 (-0.15%)
BIST100 94,253.12 +450.30 (0.48%)
IBEX 10,785.20 +18.40 (0.17%)
WIG 61,099.41 +1,038.00 (1.73%)
TASI 6,915.89 -61.65 (-0.88%)
MERVAL 20,419.79 +149.39 (0.74%)
IPC 49,787.63 +374.37 (0.76%)
IDX Composite 5,680.80 +16.32 (0.29%)

Currencies

GBP/USD 1.2819 +0.0042 (0.32%)
GBP/EUR 1.1728 -0.0033 (-0.28%)
GBP/JPY 142.0153 +1.9224 (1.37%)
GBP/HKD 9.9756 +0.0365 (0.37%)
GBP/CNY 8.8268 +0.0283 (0.32%)
GBP/AUD 1.7006 +0.0105 (0.62%)
UK's deficit slashed to level last seen before the financial crisis
The Government borrowed �52bn in the last financial year, a fall of �20bn compared to the year before, as the long struggle to eliminate the deficit moved closer towards its goal.
Government borrowing reaches lowest level in nearly ten years  
UK public sector borrowing falls by �20bn  
Market Chart
7,276.68 +12.00 (0.17%)
19,608.16 +5.33 (0.03%)
3,993.58 +6.02 (0.15%)
4,517.03 +19.68 (0.44%)

Top stories

Treasury Committee chairman Andrew Tyrie will step down as an MP before this June's general election. Tyrie (pictured) has been the Conservative MP for Chichester since 1997.
Nestle is planning to cut almost 300 British jobs and move production of the Blue Riband chocolate biscuit to Poland. The Swiss confectionery giant is making redundancies at factories in York, Newcastle, Halifax and Girvan in Scotland to make them more ...
Newer formats such as drive-thru stores and coffee shops in travel hubs look set to dominate Costa Coffee's expansion in the coming years as high street trading becomes tougher.
Sky's Ian King says the UK drinks firm's wish for full control of Moet Hennessy was not aided by Bernard Arnault's Dior move.
Comment When Henry Kissinger received the Nobel Peace Prize against the backdrop of the US Air Force's secret bombings in Cambodia, the satirist Tom Lehrer declared that satire had become obsolete.

Trends

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