London close: Footsie limps back into positive territory
27th May 2009 17:02
The movements of London's blue-chip index looked as if they were being directed by the grand old Duke of York today, with the index starting the day on the up, then heading lower over the lunchtime session before finishing roughly where it started. Sterling moved above $1.60 for the first time sin
Read moreLondon afternoon: Footsie drifts into the red
27th May 2009 14:58
London's leading shares are mixed in quiet trading. Hopes of receiving a lift from a strong start on Wall Street have been dashed, with the US market trading indecisively as London as traders await the release of US existing home sales data. Water companies receive a boost ahead of the sector's res
Read moreTelford Homes 'optimistic' as shares rally
27th May 2009 10:27
There were big gains for Telford Homes Wednesday despite a drop in full-year profit as developer responsible for affordable homes in East London remains "cautiously optimistic". Profit before tax for the year ended 31 March 2009 slipped to £4.3m from £6.5m in 2008 due to £2.9m of write downs to the
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