Markets

UK businesses from across the cap scale are still flourishing despite the struggling macroeconomic environment, according to Chris Hutchinson, co-manager of the Unicorn Outstanding British Companies fund.

London blue-chip index has crossed the threshold level of 6,600 for the first time since 2007 after a seven-day climb.

BT shares have rocketed this morning after the group reported forecasting-beating results which have left it ready to take on rival Sky with its broadcasting plans.

Japan's Nikkei 225 index has closed above 14,600, a fresh-five year high, as the yen dropped to a four-year low against the dollar.

The Bank of England has held interest rates for the 50th month in a row and opted not to increase the size of its QE programme at its May meeting.

George Soros has reportedly made £40m in a day through a short position on the Australian dollar.

BUY NOW, PAY LATER

ON ASIA PACIFIC

ON NORTH AMERICA

Shares in Manchester United have fallen at the start of US trading after it was announced manager Sir Alex Ferguson is to bring an end to his 26-year reign at the club at the end of this season.