Advertisement
UK markets close in 4 hours 58 minutes

  • FTSE 100

    8,356.91
    +2.86 (+0.03%)
     

  • FTSE 250

    20,464.11
    -27.88 (-0.14%)
     

  • AIM

    781.82
    +1.99 (+0.26%)
     

  • GBP/EUR

    1.1634
    +0.0012 (+0.10%)
     

  • GBP/USD

    1.2498
    +0.0000 (+0.00%)
     

  • Bitcoin GBP

    48,799.69
    -1,187.30 (-2.38%)
     

  • CMC Crypto 200

    1,319.21
    +19.11 (+1.47%)
     

  • S&P 500

    5,187.67
    -0.03 (-0.00%)
     

  • DOW

    39,056.39
    +172.13 (+0.44%)
     

  • CRUDE OIL

    79.65
    +0.66 (+0.84%)
     

  • GOLD FUTURES

    2,315.00
    -7.30 (-0.31%)
     

  • NIKKEI 225

    38,073.98
    -128.39 (-0.34%)
     

  • HANG SENG

    18,537.81
    +223.95 (+1.22%)
     

  • DAX

    18,556.54
    +58.16 (+0.31%)
     

  • CAC 40

    8,127.49
    -3.92 (-0.05%)
     
Money:

Bank of England expected to hold interest rates

Investors predict MPC will maintain interest at 5.25% when it meets on Thursday.

Phillips 66 in final stages of selling Ireland's only oil refinery - sources

Reuters - UK Focus

(Updates with Phillips 66 (Hamburg: 18376318.HM - news) no immediate response to request for comment)

LONDON, May 21 (Reuters) - U.S (Other OTC: UBGXF - news) . independent refiner Phillips 66 is in the final stages of selling the only oil refinery in Ireland (Other OTC: IRLD - news) , a source familiar with negotiations said on Saturday.

Phillips 66 did not immediately respond to resquests for comment.

Responding to a report on the Irish Examiner website, which said an agreement to sell the Whitegate refinery would be reached within the coming weeks, the source said a deal was "in the offing".

The Examiner said ArcLight Capital, Irving Oil, UK-based PTFPlusOne and Valero Energy were in the running, and that Irving Oil were the frontrunners.

It (Other OTC: ITGL - news) was unclear whether the potential buyers intended to keep the plant open or close it and use it for storage only. (Reporting by Simon Falush, writing by Andy Bruce; Editing by Kevin Liffey)