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FT News - Markets

FTSE falls as mining losses outweigh retail gains
Thu, 11 Mar 2010 14:46:02 +0000

UK stocks lost ground on Thursday as investors shrugged off pleasing earnings reports from the retail sector and instead sold off mining stocks

Yule Catto to reinstate dividend
Wed, 10 Mar 2010 22:23:06 +0000

Shareholders in the specialist chemical company will enjoy a pay-out after a year in which it slashed debt and improved operating profits in spite of a fall in sales

Harbinger bid hopes fade
Wed, 10 Mar 2010 19:45:24 +0000

A revival of takeover speculation helped the FTSE 100 hit an 18-month high, but Inmarsat was left behind

BP strikes $7bn Brazil oil deal
Thu, 11 Mar 2010 11:18:14 +0000

The energy group is set to make its first move into the deep waters off the South American country with a $7bn deal to buy oil and gas assets put up for sale by Devon Energy of the US

Tanfield to sell electric vehicle operation
Thu, 11 Mar 2010 02:16:47 +0000

Shares in the Aim-quoted company rose 46% after Smith Electric Vehicles US Corp, its American joint venture, offered to buy its UK business for£37m in cash

VAT increase to 17.5%

HMRC have issued guidance for businesses dealing with the increase in the standard rate of VAT from 15% to 17.5%.

The change takes effect from 1 January 2010. They hope that by issuing the guidance well in advance of the change that businesses will have sufficient time to prepare.

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