Jumat, 02 Agustus 2013

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London Market Report

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(Open): Shares in Direct Line rose 2.4% after the insurer reported a doubling in half-year profits.

The company - which was spun off from former owner Royal Bank of Scotland - posted pre-tax profits of £208.8m, up from £114.5m a year earlier.

The FTSE 100 index was little-changed, up just 1.19 points at 6,683.17.

Royal Bank of Scotland sank 4.2% despite the bank reporting half-year profits of £1.4bn. RBS also confirmed Ross McEwan as its new chief executive.



Source: BBC News - Business http://www.bbc.co.uk/news/business-11899862#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa