London open: Footsie starts down
28th May 2009 08:14
London's top stocks have started in the red as the US markets finished lower yesterday. Hedge fund manager Man Group is the biggest faller after it saw profits slide for the year. "The past financial year saw extraordinary turmoil in financial markets globally which put extreme stress on business
Read moreLondon pre-open: Strong start predicted
28th May 2009 07:52
Footsie is expected to rise in early dealings despite the sharp fall on Wall Street last night. Sugar and sweetener firm Tate & Lyle posted a sharp fall in profits after facing impairment charges and tough trading conditions.Profit before tax in the year to 31 March fell to £113m from £182m the pre
Read morePaypoint profits jump, year in line
28th May 2009 07:21
Payment services group PayPoint saw profits rise 19% in the year and said trading in the current year so far is in line with expectations. The group expects further growth in the UK by increasing market share in bill and general payments, mobile top-ups, and ATMs. It plans to add a further 1,500 te
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