Breaking News
BoE decision to keep policy unchanged unanimous, meeting minutes reveal
The Bank of England's decision to keep its policy unchanged earlier this month was unanimous, mintues from the central bank's 7-8 May meeting revealed on Wednesday.
Greek officials warn country cannot make June payments
Greece will not meet a payment falling due to the International Monetary Fund on 5 June unless it receives further aid, the government's parliamentary spokesperson said on Wednesday.
Allied Minds shares tumble after institutional placing
Shares in Allied Minds, the science and technology company, were down more than 9% on Wednesday after a share placing.
Arrests made in Hatton Garden jewellery investigation
Police investigating the audacious robbery from London's Hatton Gardens jewellery district over the Easter weekend have made several arrests on Tuesday.
US housing starts surged in April
US housing starts rocketed by 20. 2% month-on-month in to reach an annualised rate of 1. 135m, according to the US Department of Commerce.
ECB is ready to act to hit inflation target, says Noyer
The European Central Bank is prepared to take further action against inflation if needed, governing council member Christian Noyer said at a Euromoney conference in Paris on Tuesday.
BoE's Carney says CPI drop is good, but will not last
Bank of England Governor Mark Carney said the fall in the cost of living was good for Britons but would not last long.
German economic sentiment falls more than expected, ZEW survey shows
German economic confidence declined more than forecast in May, ZEW's survey revealed on Tuesday. The economic sentiment index dropped to 41. 9 in May from 53. 3 a month earlier, compared to analysts’ estimates of 48.
UK falls into deflation in April, first decline in CPI since 1960s says ONS
UK inflation fell 0. 1% in the year to April, the first annual fall in the consumer prices index since the 1960s.
Spain's Sabadell given EU clearance for TSB acquisition
The European Commission gave Spanish lender Banco Sabadell clearance on Monday for its £1. 7bn acquisition of TSB.
US NAHB housing market index falls to 54 in May from 56 in April
According to the National Association of Home Builders/Wells Fargo figures released on Monday, a gauge of confidence among homebuilders in the US dropped two points to 54 in May, led lower by views on current sales of single-family homes.
Greek bond yields jump as negotiations reach critical juncture
Greek bond yields headed higher as the country’s cash position grew more dire and amid somewhat contradictory reports regarding the likelihood of an agreement to avert a debt default, although analysts were still sanguine that both sides would be able to reach a deal.
Plus 500 shares sink after suspending some accounts
Shares in Plus 500 plummeted on reports it has suspended some accounts pending verification that they meet UK anti-money laundering regulations.
Ireland's Endo to buy Par Pharmaceuticals for $8.05bn
Ireland's Endo International plc announced on Monday it will acquire generic drugmaker Par Pharmaceutical from US Texas-based private equity firm TPG Capital in a deal worth $8. 05bn.
Rolls-Royce to cut 600 jobs in marine division by the end of 2015
Rolls-Royce Holdings is set to cut 600 jobs in its marine business by the end of 2015, in a bid to reduce costs amid challenging market conditions.
Fitch preparing to downgrade dozens of European banks, according to Handelsblatt
European banks were in focus on Monday, after German newspaper Handelsblatt reported that Fitch Ratings is preparing to downgrade several institutions in the region as early as this week.
Market overview: Stocks lower on weak US data
1630:Close The top flight index finished the session lower following the release of weaker than expected data on US consumer confidence, led by declines in commodity stocks. Economists were initially at a loss to explain the retreat in US consumer sentiment to a seven month low. Coca Cola was also lower following its latest quarterly figures. Sainsbury failed to benefit from an upgrade out of Charles Stanley. However, sovereign bond markets did seem to find their footing.
Uni Michigan sentiment falls unexpectedly to 88.6 in May
US consumer sentiment fell to of 88. 6 in May, a seven-month low, compared with a final April level of 95. 9, a report from the University of Michigan said on Friday.
US industrial production slips 0.3% in April
Industrial production in the States unexpectedly contracted last month, marking the fifth straight decline in output.
UK construction output falls 0.3% year-on-year in first quarter, climbs in March
UK construction output declined in the first quarter of 2015, as production in the sector fell across the board, the Office for National Statistics said.