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9:13a.m. BST

World markets

Shanghai 3,705.77 -83.40 (-2.20%)
S&P 500 2,108.57 +15.32 (0.73%)
Nikkei 225 20,522.83 +219.92 (1.08%)
Hang Seng Index 24,497.98 -121.47 (-0.49%)
TSEC 8,651.49 +88.01 (1.03%)
EURO STOXX 50 3,571.85 -3.68 (-0.10%)
CAC 40 5,019.99 +2.55 (0.05%)
S&P TSX 14,301.80 +224.44 (1.59%)
S&P/ASX 200 5,669.50 +45.30 (0.81%)
BSE Sensex 27,705.68 +142.25 (0.52%)
TA25 1,724.10 +6.38 (0.37%)
SMI 9,394.37 +6.40 (0.07%)
ATX 2,484.35 +2.37 (0.10%)
IBOVESPA 50,245.14 +643.55 (1.30%)
SET 1,417.49 +9.42 (0.67%)
BIST100 78,496.37 +416.61 (0.53%)
IBEX 11,233.30 -49.60 (-0.44%)
WIG 52,401.12 +113.02 (0.22%)
TASI 9,107.39 0.00 (0.00%)
MERVAL 10,420.56 +268.76 (2.65%)

Currencies

GBP/USD 1.5607 +0.0006 (0.04%)
GBP/EUR 1.4224 +0.0020 (0.14%)
GBP/JPY 193.8076 +0.4551 (0.24%)
GBP/HKD 12.0956 +0.0031 (0.03%)
GBP/CNY 9.6905 +0.0044 (0.05%)
GBP/AUD 2.1401 +0.0022 (0.10%)
British Gas owner Centrica cuts 6000 jobs
British Gas owner Centrica is cutting 6,000 jobs as it reports a doubling of profits at the British Gas business in the first six months of the year.
British Gas owners Centrica to axe thousands of jobs  
Shell and Centrica cut 12000 jobs  
Market Chart
6,649.09 +18.09 (0.27%)
17,566.87 +54.06 (0.31%)
3,628.23 +9.78 (0.27%)
3,876.60 +3.08 (0.08%)

Top stories

Royal Bank of Scotland holds its annual general meeting at its Edinburgh headquarters. Photograph: Ken Jack/Demotix/Corbis. Jill Treanor.
Royal Dutch Shell is cutting 6,500 jobs and is to reduce capital spending by 20 per cent this year, as the oil company takes dramatic action in response to the plunge in oil prices.
John Allan CBE is chair of London First and a founding signatory of the airport expansion campaign group Let Britain Fly. www.letbritainfly.
AstraZeneca released second quarter results ahead of market expectations, with sales down just 7 per cent at $6,31m and core earnings per share down 8 per cent at $1.21.
Diageo, the world's largest spirits company, has reported flat sales in the past year and shipment volumes down 1pc. Reporting its full-year results on Thursday, the company, which makes Smirnoff and Guinness, reported net sales up 5pc to �10.8bn and ...

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