This morning in London: The FTSE 100 is up 24 at 6671.
Stocks: We've seen trading updates and news from a number of firms this morning: Vodafone are looking at suing Telecom Italia; Glencore Xstrata are concluding the sale of Joe White Maltings; Pennon have announced a new director; Morgan Sindall's first-half profit dropped as the firm outlined how difficult it see the rest of the year.
Latest news: Trading volumes for the week could continue to be soft as the summer holiday season continues, though two of the bigger UK banks issue statements today. Lloyds appear to be on a charm offensive, with the group’s CEO stating that he believes up to 70% of company profit will be returned to shareholders by 2015. Meanwhile, HSBC are expected to post a profit rise of 15% for the first half.