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Markets

LSE Volume: 914 M
Avg Vol: 3,422 M -73%
Fallers
2,155
Unchanged 792
Risers
1,992

FTSE100 modestly lower ahead of the long weekend break

MORNING REPORT: The headline index was modestly lower in early deals today, with little in the way of news for direction and as traders cleared their books ahead of the long weekend break.

Taylor Wimpey says positive momentum has continued

House builder Taylor Wimpey said the positive momentum in the UK housing market has continued and it has had a strong Q1, with improvement across all regions. The market has been driven by better access to mortgages.

The Press Roundup

A brief summary of Thursday's main business headlines... Extensive coverage of UK unemployment, interest rates, Tesco woes, Google slump, Starbucks.....

Shell gas find

Royal Dutch Shell today announced an exploration discovery 135 kilometres offshore Malaysia. The `Rosmari-1' well encountered more than 450 metres of gas column .

Mulberry warning

Luxury leather goods maker Mulberry said turnover for the year to end-March will be broadly in line. On an underlying basis, pretax profit is expected to be marginally below current expectations.