Barclays whistleblower probe, Anglo American to sell coal mine

London open

The FTSE 100 index is expected to gain around seven points on Monday's session.

Stocks to watch

City watchdogs have launched an investigation into Barclays chief executive's attempts to uncover the identity of a secret whistleblower at the bank. After its own investigation, the FTSE 100 bank has issue a formal written reprimand to CEO Jes Staley and will cut his bonus by a "very significant" amount, as well as passing the details onto the Financial Conduct Authority and the Prudential Regulation Authority.

Miner Anglo American is to sell its Eskom-tied thermal coal operations in South Africa to Seriti Resources Holdings Proprietary, a company majority owned by historically disadvantaged South Africans, for 2.3bn rand ($164m). The assets include the New Vaal, New Denmark and Kriel collieries, as well as four closed collieries, with the sale resulting in Seriti becoming the second largest provider of thermal coal to Eskom, a public electricity utility, supplying almost a quarter of Eskom's current annual coal requirements.

A Carillion joint venture has been awarded the Hestia South East and London Region Multi Activity Contract with a potential value of up to £200m across an initial contract period of five years. Under the contract, the JV will deliver a range of soft facilities management services, including catering, retail and leisure, and hotel and mess services, for 87 key Defence sites across Kent, Sussex, Surrey, Berkshire and Central and Greater London.

Newspaper round-up

Britain has been the most successful of the G7 group of nations in boosting its economy and cutting climate emissions in the past 25 years, according to a report that suggests it is possible for countries to get richer and cleaner at the same time. The UK has cut its per capita carbon dioxide emissions by a greater percentage than any other member of the bloc in the quarter century since the first UN Earth Summit, when world leaders gathered in Rio de Janeiro to agree global action to protect the planet, according to data from the International Energy Agency. - The Times

Businesses across the UK have warned that tighter immigration controls will weaken the nation’s global standing, describing suggestions that British workers could simply replace EU nationals as a “fallacy”. Industry groups representing hundreds of thousands of businesses have told the House of Lords economic affairs committee that restrictions on foreign staff in workplaces such as hospitals, universities and factories would hit business and the wider economy. - Telegraph

The NHS is in talks with hedge funds about borrowing up to £10 billion to repair hospitals and beef up GP care. Health chiefs believe that low interest rates mean the NHS has a “golden opportunity” to raise money for infrastructure without relying on the chancellor. - The Times

US close

Stocks on Wall Street went into the holiday-shortened Easter week slightly lower, albeit with both an unexpectedly low non-farm payrolls figure for March and a US navy missile strike in Syria failing to dent sentiment appreciably.

The Dow Jones Industrial Average ended 0.03% lower at 20,656.10, with the S&P 500 down 0.08% to 2,355.54 and the Nasdaq Composite slipping 0.02% to 5,877.81.

In parallel, the yield on the benchmark 10-year US Treasury note gained four basis points to 2.38%, after having fallen below 2.30% just after the relese of the jobs data.