Royal Mail was subject to downgrades from both RBC and HSBC on Tuesday as analysts from both financial services firms remained cautious about future cost-saving objectives.
Wall Street trading ended on a mixed note on Tuesday as bond yields resumed their march higher.
Stocks in Europe recovered from earlier falls on Tuesday to finish in the green, tracking a turnaround higher on Wall Street and a bounce in Italian government debt.
Lidco reported that its first half losses deepened on Tuesday after revenues suffered from a longer than expected sales cycle.
The 2018 selloff in US government bonds led to the yield on a 10-year note rising to a new seven-year high of 3. 25% on Tuesday, increasing increased anxiety among stock market investors.
Tuesday saw most Asian markets drop although Chinese indices steadied after a sharp slide on Monday following a week-long holiday in the Asian giant.
Wall Street trading got off to a mixed start on Tuesday as bond yields resumed their march higher.
London's blue chip stocks arrested their recent decline and outperformed their smaller siblings on Tuesday as resources companies provided a lift to offset a rise Italian and US bond yields.
Ahead of the US consumer price report for September, on Thursday, all eyes tomorrow will be on the release of the latest wholesale price data in the States referencing that same month.
Tax relief for the UK film and TV industry prompted record spending for the industry, a new report by the British Film Institute has found.
Deutsche Bank upgraded Direct Line to 'buy' from 'hold' on Tuesday and lifted the price target to 390p from 380p as it pointed to an attractive valuation, an expected inflexion in motor pricing, medium-term optionality and receding risks.
Comcast became the majority owner of Sky on Tuesday after buying up all the shares held by 21st Century Fox.
Carpetright chief executive Wilf Walsh purchased 222,000 ordinary shares in the AIM-listed floorings expert on Tuesday.
Google has dropped out of a battle for a $10bn contract with the Pentagon to provide cloud computing, just a day after revealing that data had been leaked from its Google+ service.
Ceres Power called 2018 a “landmark year” after the fuel cell developer struck deals with Bosch and Weichai and revenues climbed 71%.
London's FTSE 250 was down 0. 80% at 19,488. 21 in afternoon trade on Tuesday.
London's FTSE 100 was down 0. 4% at 7,206. 62 in afternoon trade on Tuesday, with miners bucking the trend as they bounced back from the previous day's losses.
The US central bank should continue hiking interest rates, but be mindful of the 'message' government debt markets are sending.
The Competition and Markets Authority has announced plans to investigate the audit sector amid growing concerns about the dominance of the 'big four' - KPMG, Deloitte, EY and PwC - particularly after the collapse of construction group Carillion sparked criticism of its auditors.
Miners and oil companies were leading the stock market revival in London on Tuesday, while other industrial and engineering stocks were providing a weight.