UK

ROUND-UP

BT shares jumped 3.7% in afternoon trading after the telecoms group revealed it is in talks over a potential £10bn takeover of mobile businesses O2 or EE.

UK CPI inflation rose to at an annual rate of 1.3% in October, according to ONS figures released today.

Syz Asset Management, the group behind the Oyster funds range, is opening an office in Edinburgh in a further sign of its commitment to the UK.

Poor advice claims that have cost restricted national adviser Origen at least £3m in reviews and redress are the fault of advisers who have exited the firm, not the current team, business development director Mark Pearson has said.

Bank of England policymakers expect inflation to fall below 1% over the next six months, according to the latest quarterly Inflation Report.

Liontrust Asset Management's profit before tax more than doubled in the six months to the end of September as the group continues to post inflows into its funds.

The UK economic recovery is set to enter a slower phase, adding to the headwinds facing the domestic equity market, according to Invesco Perpetual's Mark Barnett.

Prudential has been paid £155m for the sale of its 25% stake in PruHealth and PruProtect to South African insurance group Discovery.

Neil Woodford has increased the number of unlisted stocks held within the £3.4bn Woodford Equity Income fund to ten after initiating four new investments last month.