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10:43a.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 3,620.31 -15.09 (-0.42%)
CAC 40 5,103.17 -17.35 (-0.34%)
S&P TSX 14,468.73 +85.97 (0.60%)
S&P/ASX 200 5,697.90 +18.60 (0.33%)
BSE Sensex 28,049.19 -137.87 (-0.49%)
TA25 1,715.48 -2.59 (-0.15%)
SMI 9,478.70 +9.73 (0.10%)
ATX 2,485.90 -13.54 (-0.54%)
IBOVESPA 50,138.05 -726.73 (-1.43%)
SET 1,431.29 -10.75 (-0.75%)
BIST100 78,501.25 +337.16 (0.43%)
IBEX 11,176.80 -89.10 (-0.79%)
WIG 52,775.78 -32.40 (-0.06%)
TASI 8,742.02 -78.63 (-0.89%)
MERVAL 10,252.07 -81.01 (-0.78%)

Currencies

GBP/USD 1.5584 -0.0006 (-0.04%)
GBP/EUR 1.4208 -0.0027 (-0.19%)
GBP/JPY 193.2533 +0.0354 (0.02%)
GBP/HKD 12.0830 -0.0036 (-0.03%)
GBP/CNY 9.6742 -0.0060 (-0.06%)
GBP/AUD 2.1112 -0.0314 (-1.47%)
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
6,701.31 +12.69 (0.19%)
17,700.69 +30.58 (0.17%)
3,655.95 +6.81 (0.19%)
3,900.25 +1.35 (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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