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10:44a.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 24,406.12 -5.30 (-0.02%)
TSEC 8,510.86 -13.55 (-0.16%)
EURO STOXX 50 3,623.77 -11.63 (-0.32%)
CAC 40 5,107.60 -12.92 (-0.25%)
S&P TSX 14,468.73 +85.97 (0.60%)
S&P/ASX 200 5,697.90 +18.60 (0.33%)
BSE Sensex 28,046.50 -140.56 (-0.50%)
TA25 1,715.59 -2.48 (-0.14%)
SMI 9,486.07 +17.10 (0.18%)
ATX 2,487.21 -12.23 (-0.49%)
IBOVESPA 50,138.05 -726.73 (-1.43%)
SET 1,431.26 -10.78 (-0.75%)
BIST100 78,488.75 +324.66 (0.42%)
IBEX 11,185.30 -80.60 (-0.72%)
WIG 52,769.08 -39.10 (-0.07%)
TASI 8,738.69 -81.96 (-0.93%)
MERVAL 10,252.07 -81.01 (-0.78%)

Currencies

GBP/USD 1.5584 -0.0006 (-0.04%)
GBP/EUR 1.4208 -0.0026 (-0.19%)
GBP/JPY 193.2429 +0.0250 (0.01%)
GBP/HKD 12.0831 -0.0035 (-0.03%)
GBP/CNY 9.6757 -0.0044 (-0.05%)
GBP/AUD 2.1109 -0.0317 (-1.48%)
Sale of RBS stake marks start of the UK's biggest privatisation
Chancellor George Osborne has kicked off Britain's biggest privatisation by selling �2bn of shares in Royal Bank of Scotland at a loss to the taxpayer seven years after the bank was rescued with a record �45bn state bailout.
Osborne Scratches State's Seven-Year RBS Itch  
RBS share sale: Government makes �2.1bn selling off 5.4% of the bailed-out bank  
Market Chart
6,699.47 +10.85 (0.16%)
17,698.14 +28.03 (0.16%)
3,655.06 +5.92 (0.16%)
3,899.97 +1.07 (0.03%)

Top stories

LONDON He was so obsessed with the numbers that he did not see his downfall coming. The first trader convicted by a jury in the global Libor rate-rigging scandal was a maths whiz nicknamed "Rain Man", who slept as an adult under a superhero duvet cover ...
House price inflation is beginning to match the growth in earnings, potentially making the property market more sustainable in the long run.
(Open): The FTSE 100 fell, with shares in Standard Life lower after it said its annuities business had suffered from recent pension reforms.
The insurer Direct Line has reported pre-tax profits up by nearly a half in the first six months of the year, following a “refresh” of the Churchill brand.
Audi, BMW and Mercedes-Benz parent company Daimler have agreed to buy Nokia's HERE mapping and location services business. The acquisition - believed to cost in the region of €2.8-billion ($3.1-billion) and which will need to be cleared by ...

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