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Morning news wrap: BT, Royal Bank of Scotland, Aberdeen Asset Management, Mitchells & Butlers

8th Jan 2010, 7:59 am Morning news wrap: BT, Royal Bank of Scotland, Aberdeen Asset Management, Mitchells & Butlers

In the FTSE 100, telecom group BT (LSE: BT) announced the departure of Chief Executive of its Global Services Division Hanif Lalani, who will be replaced by Jeff Kelly, who previously ran global IT (information thcnology) service firm EDS’ US$10 billion business in the American.

Royal Bank of Scotland (LSE: RBS) has entered an agreement with Aberdeen Asset Management to sell certain fund management assets and contracts of RBS Asset Management Limited and RBS Asset Management Holdings, also announcing a distribution agreement for certain products between Aberdeen and RBS Wealth Management.

In the FTSE 250, pubs operator Mitchells & Butlers (LSE: MAB) said trading in the new financial year remained strong, with same outlet like for like sales increasing 3.4% in the 6 weeks to 2 January. Christmas and New Year sales were up 4.9%, while same outlet like for like sales in the first 14 weeks of the financial year rose 3.3%. The company offered a cautious outlook for consumer spending, particularly in the second half of the year.

In AIM, SeaEnergy (AIM: SEA) said it expected the Crown Estate to make an announcement regarding the outcome of the third UK offshore wind farm leasing round later today.

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