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IAG, RBS drops put FTSE 100 on course for weekly loss

LONDON The UK's top share index took a knock on Friday after bank RBS and airline operator IAG tumbled following their results, putting the FTSE 100 on track for a slight weekly loss.

Recent Business News

Brexit to shut the door on lengthy London house price boom - Reuters poll

LONDON British inflation will outstrip gains in house prices this year and next, particularly in the capital, as uncertainty over Brexit and weak consumer spending power hits demand, a Reuters poll found on Friday.

Money, Money Home 10:12am GMT

British Airways parent IAG confident on outlook but Q4 disappoints

LONDON British Airways owner IAG expressed confidence about 2018 on Friday and pledged more cash for shareholders but a fall in fourth-quarter profit sent its shares lower.

Aerospace & Defence 10:00am GMT

UK regulator to cap prices BT can charge rivals for use of fast broadband

LONDON Britain's telecoms regulator will cap the price BT can charge rivals to use its fast broadband service and make it easier for all providers to use the company's infrastructure to build their own networks to boost the roll-out of fibre.

10:24am GMT

Education group Pearson sees brighter future with new 'Spotify' approach

LONDON Educational publisher Pearson expects its underlying profit to increase for the first time in six years in 2018 after rebuilding its business for students of the "Spotify generation" who want to rent rather than buy books.

10:38am GMT

Google starts taking payments for apps via Kenya's M-Pesa service

NAIROBI Google Play apps and games store has started accepting payments in Kenya through Safaricom's mobile phone M-Pesa service to boost downloads in a market where many people do not have a credit card.

Africa 10:34am GMT
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