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FirstGroup shares accelerate after deal to terminate TransPennine contract A look at the major movers on the London market on Tuesday It may be a down day for the markets overall, but FirstGroup PLC (LON:FGHP ) has managed to travel in the right direction. Its shares are up 2.11% or 1.55p to 75p after the transport group agreed to pay the Department for Transport a final £6mln to cancel its TransPennine Express railway franchise, taking the total it has paid to £48.5mln. It said this was around £50m better than its last assumption. The group has already given up the South Western Railway...

FTSE 100 closes firmly lower as inflation fears pummel markets The UK blue chip index closed down 175 points, or 2.47%, at 6,947 on the day. FTSE 100 loses 2.47% Antofagasta edges higher FTSE 100 closed sharply in the red on Friday as inflation fears spooked global markets. The UK's top share index finished over 175 points lower, or 2.47%, at 6,947. The midcap FTSE 250 also went lower,  plunging over 530 points, at 22,167. On Wall Street, the Dow Jones Industrial Average lost over 454 points at 34,288. The S&P 500 shed over 42 points, at 4,145. The Nasdaq shed around 65 at 13,336. "Inflation...

FTSE 100 closes firmly lower as inflation fears pummel markets The UK blue chip index closed down 175 points, or 2.47%, at 6,947 on the day. FTSE 100 loses 2.47% Antofagasta edges higher FTSE 100 closed sharply in the red on Friday as inflation fears spooked global markets. The UK's top share index finished over 175 points lower, or 2.47%, at 6,947. The midcap FTSE 250 also went lower,  plunging over 530 points, at 22,167. On Wall Street, the Dow Jones Industrial Average lost over 454 points at 34,288. The S&P 500 shed over 42 points, at 4,145. The Nasdaq shed around 65 at 13,336. "Inflation...

FirstGroup shares accelerate after deal to terminate TransPennine contract A look at the major movers on the London market on Tuesday It may be a down day for the markets overall, but FirstGroup PLC (LON:FGHP ) has managed to travel in the right direction. Its shares are up 2.11% or 1.55p to 75p after the transport group agreed to pay the Department for Transport a final £6mln to cancel its TransPennine Express railway franchise, taking the total it has paid to £48.5mln. It said this was around £50m better than its last assumption. The group has already given up the South Western Railway...

FTSE 100 closes firmly lower as inflation fears pummel markets The UK blue chip index closed down 175 points, or 2.47%, at 6,947 on the day. FTSE 100 loses 2.47% Antofagasta edges higher FTSE 100 closed sharply in the red on Friday as inflation fears spooked global markets. The UK's top share index finished over 175 points lower, or 2.47%, at 6,947. The midcap FTSE 250 also went lower,  plunging over 530 points, at 22,167. On Wall Street, the Dow Jones Industrial Average lost over 454 points at 34,288. The S&P 500 shed over 42 points, at 4,145. The Nasdaq shed around 65 at 13,336. "Inflation...