FTSE holds as Compass gains

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The FTSE 100 Index is little changed this morning, adding 0.3 of a point to 6026.40 points, led by caterer Compass Group.

Compass Group has risen 3.9% to 238.5p after saying it will sell its travel services business to investors led by Sweden's billionaire Wallenberg family and Macquarie Bank for £1.82bn. Vodafone has gained 0.8% to 126.75p. It will award an outsourcing contract which could save the company £300m and lead to job cuts. Meanwhile, Kingfisher has declined 0.2% to 233.25p. The home-improvement retailer appointed former Carrefour SA head Daniel Bernard as deputy chairman. United Utilities has also fallen 0.7% to 685p after the water company said it appointed Tim Weller as the company's new ch...

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