London open: Blue chips start well

9th Jun 2009 08:47

Last night's late recovery in Wall Street has given London a modest boost this morning. Lloyds is going well on reports it is to axe a further 1,500 jobs and close the branch network of Cheltenham & Gloucester. Miners are also in demand again following yesterday's rally in the US. Vedanta and Antof

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London pre-open: Stocks to edge higher

9th Jun 2009 07:40

Last night's late recovery in Wall Street is set to give London a modest boost this morning. The FTSE 100 is predicted to open up about 15 points as the Dow Jones erased an earlier 100-point deficit to close just in the blue. Heritage Oil is merging with Turkish exploration and production group Ge

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Go-Ahead keeps South Central rail franchise

9th Jun 2009 07:20

Bus and train operator Go-Ahead's Govia joint venture has retained its South Central rail franchise for another five years ten months, it confirmed today. The UK firm, which owns 65% of the business, says the Department for Transport (DfT) has decided to keep it on until 25 July 2015. The new contr

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