LONDON (Reuters) - The FTSE 100 was on track for its biggest weekly gain in two years on Friday, led by recent laggards such as insurer Aviva and media group WPP, as analysts recommended snapping up battered shares after a recent selloff.
Petrol prices have fallen 6.6p a litre in the last three months marking the third biggest monthly fall in quarter of a century, according to the latest AA fuel price report.
House prices will rise over the course of next year as a direct result of the overhaul of stamp duty announced at the autumn statement, while house builders will also benefit from a rush of investors seeking exposure to the sector, two surveys have predicted.
LONDON (Reuters) - British households will pay nearly 1 billion pounds to help guarantee the country's electricity supply in 2018/19, after a government auction determined who will provide backup power capacity.
BASF SE (BAS)'s plan to exit a low-margin gas-trading business, giving up 12 billion euros ($14.7 billion) of sales, and take a leap forward in gas production evaporated with the collapse of a deal to swap assets with Russian partner OAO Gazprom.