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Markets

LSE Volume: 1,500 M
Avg Vol: 5,232 M -71%
Fallers
1,760
Unchanged 703
Risers
2,584

London shares open higher

Shares in London opened higher ahead of this morning's Queen's Speech which will outline the key measures planned by the newly elected Conservative Government.

Rolls-Royce to supply engines for British Army

Rolls-Royce has received an order from General Dynamics European Land Systems for the delivery of 589 MTU Series 199 diesel engines for use in the new SCOUT Specialist Vehicle (SV) for the British Army.

Press Roundup

A brief summary of Wednesday's main business headlines... Extensive coverage of the potential IAG-Aer Lingus deal, record fines over the death bond scandal, eurozone jitters centring on Greece and Spain, plus company news on Jaguar, Thomas Cook, Ryanair and much more...

Imperial Tobacco deal with Reynolds approved

Imperial Tobacco's subsidiary has received US Federal Trade Commission approval for the acquisition of certain US cigarette and e-cigarette brands and assets currently owned by Reynolds and Lorillard following the proposed acquisition of Lorillard by Reynolds.

IAG agrees 1.4bn Euro offer for Aer Lingus

International Consolidated Airlines has agreed a recommended €1.4bn offer for Aer Lingus Group.