The FTSE 100 has got off to a poor start falling 1 point, or less than 0.1%, to 5163.1 in early trading, with Compass Group, the world's largest catering company, leading the decline.
Compass has declined 7% to 172.75p. The company says it has suspended the head of one of its units and hired Freshfields Bruckhaus Deringer law firm to investigate allegations of corruption in some contracts awarded by the United Nations. But PartyGaming is pacing advancing stocks, surging 10.3% to 86p, after the on-line poker operator said third-quarter sales jumped 32% to $220m from its poker and online casino players. Easynet Group has also surged 35% to 172p. Rupert Murdoch's satellite broadcaster British Sky Broadcasting has agreed to buy the Internet and broadband provider in an o...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
