1. IDS still a sell with Liberum
If a deal is not agreed with its main union, the Communication Workers Union (CWU), further strike action is likely.
2. BP upgraded by Citibank
Oil companies' outperformance typically continues until the earnings cycle turns
3. AO World rallies after hinting at brighter days
AO also forecast it would achieve its medium-term aim of a 5% EBITDA margin in the next financial year.
4. FTSE 100 closes 1% higher
On Tuesday, Britain's blue-chip benchmark finished nearly 76 points higher, or 1.03%, to stand at 7,453.
5. Shell, British Gas and others failing customers, says Ofgem
Some suppliers attacked the review for being “incomplete,” but Ofgem implied it was being proactive in tackling issues before they became too bad.