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LSE Volume: 1,099 M
Avg Vol: 3,379 M -67%
Unchanged 889

FTSE to open cautiously ahead of May's Brexit speech

London equities are seen opening cautiously as sterling flops and gold rises ahead of a key Brexit speech by UK PM Theresa May later today. The FTSE 100 snapped its record run to new all-time highs yesterday.

BAT to acquire remaining 57.8% of Reynolds

British American Tobacco and Reynolds American Inc have agreed the terms of a recommended offer for BAT to acquire the remaining 57.8% of Reynolds it does not already own.

Press Roundup

A summary of Tuesday's business headlines. Coverage of Brexit, sterling, Theresa May's speech, Donald Trump, Davos, Rolls-Royce, Burberry, FTSE 100, BP, Mark Carney, Sports Direct, Ikea, Unilever, IMF, and much more...

Tullow's find

Tullow Oil said the Erut-1 well in Block 13T, northern Kenya, has discovered a gross oil interval of 55 metres with 25 metres of net oil pay at a depth of 700 metres.

PFG steady

Provident Financial expects to report results for 2016 in line with market expectations, with each business meeting its internal forecast.

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