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LSE Volume: 5,330 M
Avg Vol: 4,688 M +14%
Unchanged 511

Financials weigh on FTSE

Shares in the banking and insurance sector started to recover from earlier falls, but kept the FTSE 100 in negative territory. The market was concerned about the health of Deutsche Bank and potential implications for the European banking industry if it went bust.

RBS proposes future ring-fenced structure, brands

Royal Bank of Scotland has today revealed how its legal entity structure is expected to change over the next two years to comply with the UK's ring-fencing requirements prior to 1 January 2019.

Treatt ahead

Treatt expects profit before tax and exceptional items for the year ending 30 September to be comfortably above its previous expectations.

Bacanora rejects

Bacanora's board has rejectred an unsolicited non-binding indicative proposal from Rare Earth Minerals, an AIM listed investment vehicle with a 19.8% holding in the company.

Lamprell delivery

Lamprell has announced the completion of the construction of the 'Shelf Chaopraya' jackup drilling rig and its delivery to Shelf Drilling Ltd.