Jan 30, 2017
FTSE 100 slides despite Vodafone boost
Vodafone rose 2.8% after it announced talks were under way between its Indian business and Idea Cellular. Vodafone was the biggest riser on the FTSE 100 in early trade, but despite the mobile company's gains the benchmark share index was down 54.37 points, or 0.8%, at 7,130.12. In the FTSE 250, shares in WS Atkins jumped more than 6% following a report in the Times that the company had been approached by US company CH2M over a possible merger. Flybe shares dipped 1% after the airline said it had seen a "Slow start" to trading since the start of the new year, blaming "Uncertain consumer confidence and poor weather". That was despite the carrier reporting "Solid" trading for the final three months of 2016, with revenues boosted by extra capacity.
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