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B&B ups rights issue size ( Reuters) 12:47 PM
Bradford & Bingley plans to increase its rights issue to 400 million pounds after U.S. investor TPG Capital pulled out of buying a stake as concern deepened about the lender's business plan.

M&S's Rose set for showdown with shareholders ( Reuters) 04:31 PM
Marks and Spencer <MKS.L> boss Stuart Rose, lauded for reviving the landmark retailer just a year ago, is battling to save his job after a big profit warning and bungled management changes.

Barratt to cut around 1,000 jobs ( Reuters) 10:21 AM
House builder Barratt Developments <BDEV.L> plans to cut around 1,000 jobs as it pushes for cost cuts to endure a rapidly worsening housing market, it said on Friday.

What the Bank has to weigh up next week ( Reuters) 01:38 PM
The Bank of England looks set to hold interest rates steady for the third month running next week as policymakers seem trapped between high inflation on one side and sharply slowing growth on the other.

Australia's Origin rejects BG Group bid ( Reuters) 08:38 AM
Australia's Origin Energy <ORG.AX> urged shareholders on Friday to reject a $13.1 billion (6.6 billion pound) bid from gas company BG Group <BG.L>, as speculation grew over whether BG would raise its offer.

FTSE falls by midday on banks and miners ( Reuters) 12:41 PM
The blue-chip index fell nearly 1 percent by midday on Friday with banking stocks hit by a bearish Goldman Sachs note and miners tracking softer metals prices.

John Lewis adds to retail gloom as M&S falls again ( Reuters) 09:47 AM
Retailer John Lewis <JLP.UL> reported a big drop in weekly sales at its department stores and slower growth at its upmarket supermarkets, providing further evidence of a downturn in consumer spending.

BHP last to sign iron ore price pact with Baosteel ( Reuters) 11:06 AM
BHP Billiton <BHP.AX><BLT.L> has matched takeover target Rio Tinto <RIO.AX><RIO.L> with a near doubling in contract iron ore prices, ending months of talks and speculation it may get more.

Vodafone wins anti-avoidance tax battle ( Reuters) 11:13 AM
Mobile phone group Vodafone <VOD.L> on Friday won a test-case tax battle which means it does not have to pay extra corporation tax to the government on its Luxembourg-based subsidiary.

BSkyB mulls $4 billion bid for Spain's Digital Plus ( Reuters) 01:20 PM
Pay-TV firm BSkyB <BSY.L> is considering a bid of more than 2.5 billion euros (2 billion pounds) for Spanish pay-TV platform Digital+, the Financial Times said on Friday.


World stocks slip again ( Reuters) 12:53 PM Friday July 4
Northern Rock won't pay dividend on Treasury shares ( Reuters) 10:34 AM Friday July 4
Tax credit to save UBS from another hefty loss ( Reuters) 10:01 AM Friday July 4
BA chief says "passengers love T5 now" ( Reuters) 09:55 AM Friday July 4
YouTube court order fans privacy fears ( Reuters) 08:59 AM Friday July 4
Top intelligence official falls into coma ( Reuters) 08:50 AM Friday July 4
Nikkei edges down amid economic gloom ( Reuters) 03:44 AM Friday July 4
Oil steadies above $145 ahead of U.S. holiday ( Reuters) 03:12 AM Friday July 4
Households worse off than 2003 ( Reuters) 03:02 AM Friday July 4
Fed's Bear portfolio shrinks more than $1 billion ( Reuters) 02:12 AM Friday July 4
Biofuels blamed for food price crisis ( Reuters) 01:45 AM Friday July 4
Former Refco CEO sentenced to 16 years ( Reuters) 09:39 PM Thursday July 3
Vodafone acquires 70 percent stake in Ghana Telecom ( Reuters) 08:03 PM Thursday July 3
ECB hikes rates to highest level in nearly 7 years ( Reuters) 06:22 PM Thursday July 3
British Airways hit by higher fares ( Reuters) 06:15 PM Thursday July 3
Bank survey finds credit squeeze set to intensify ( Reuters) 06:15 PM Thursday July 3

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