		<div class="wpcnt">
			<div class="wpa">
				<span class="wpa-about">Advertisements</span>
				<div class="u top_amp">
							<amp-ad width="300" height="265"
		 type="pubmine"
		 data-siteid="111265417"
		 data-section="2">
		</amp-ad>
				</div>
			</div>
		</div><p><a href="http://londonglossy.com/wp-content/uploads/2011/02/rentokil-dives-as-ftse-opens-flat.jpg"><img class="alignnone size-full" title="The FTSE 100 Index was 12.6 points lower at 6074.8 in early trading" src="http://londonglossy.com/wp-content/uploads/2011/02/min-rentokil-dives-as-ftse-opens-flat.jpg" alt="The FTSE 100 Index was 12.6 points lower at 6074.8 in early trading"/></a></p>
<p>Shares in Rentokil Initial took a fresh battering after new figures showed its City Link delivery arm remained deep in the red.</p>
<p>The support services firm has promised further action to revive the ailing business but warned City Link faced another year of financial pain.</p>
<p>Seymour Pierce stockbrokers added that overall results from Rentokil, showing a 15% rise in annual profits, were also slightly below expectations as the FTSE 250 Index stock saw its shares fall 8% or 7.9p to 90.1p.</p>
<p>In the top flight, the FTSE 100 Index was treading water, 12.6 points lower at 6074.8, as investors reflected on a decent week for the market.</p>
<p>Severn Trent and United Utilities were at the top of the risers board &#8211; up 23.5p to 1477.5p and 10p to 597.5p &#8211; after Goldman Sachs upgraded stocks in the sector.</p>
<p>BAE Systems was the biggest faller for a second session in a row as investors digested Thursday&#8217;s warning that its sales were likely to fall this year due to ongoing defence budget cuts on both sides of the Atlantic. Shares were down 5.75p to 335.15p.</p>
<p>Meanwhile, Go-Ahead shares jumped 5% or 67.5p to 1383.5p in the FTSE 250 Index after the bus and rail operator reported an 8% rise in half-year profits and said annual profits were likely to be higher than previously anticipated.</p>
			<div style="padding-bottom:15px;" class="wordads-tag" data-slot-type="belowpost">
				<div id="atatags-dynamic-belowpost-69e4a84c60ff4">
					<script type="text/javascript">
						window.getAdSnippetCallback = function () {
							if ( false === ( window.isWatlV1 ?? false ) ) {
								// Use Aditude scripts.
								window.tudeMappings = window.tudeMappings || [];
								window.tudeMappings.push( {
									divId: 'atatags-dynamic-belowpost-69e4a84c60ff4',
									format: 'belowpost',
								} );
							}
						}

						if ( document.readyState === 'loading' ) {
							document.addEventListener( 'DOMContentLoaded', window.getAdSnippetCallback );
						} else {
							window.getAdSnippetCallback();
						}
					</script>
				</div>
			</div>
Discover more from London Glossy Post
Subscribe to get the latest posts sent to your email.
