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London Market Report Headlines

UK Stocks-Factors to watch on May 23

Britain's FTSE 100 index is seen opening up 9 points at 7505 on Tuesday, according to financial bookmakers. * At least 19 people were killed and 59 wounded in an explosion at the end of a concert by U.S. singer Ariana Grande in the English city of Manchester on Monday, in what two U.S. officials said was a suspected suicide bombing. * ROYAL BANK OF SCOTLAND: Royal Bank of Scotland is close to settling a costly and potentially embarrassing case alleging it

UK Stocks-Factors to watch on May 22

Britain's FTSE 100 index is seen opening up 15 points at 7,486 on Monday, according to financial bookmakers. * M&S: Britain's Marks & Spencer is expected to report a renewed decline in clothing and homeware sales in its latest quarter, dampening the euphoria of the previous three months when it reported a first increase in nearly two years. * BT: Italian investigators have seized documents from the Milan offices of International Business Machines Corp as par

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Trump seeks to slash $3.6 trillion of spending in austere budget

WASHINGTON U.S. President Donald Trump asked lawmakers on Tuesday to cut $3.6 trillion in government spending over the next decade, taking aim at healthcare and food assistance programs for the poor in an austere budget that also boosts the military. | Video