FTSE LIVE: Twitter shares plunge on weak trading update; IT meltdown costs TSB £176m; BP strikes a $10.5bn oil deal with BHP Billiton
TSB swung to a hefty half-year loss after a botched IT upgrade that impacted 2 million customers cost the bank £176.4m.
BT profits surged a healthy 68 per cent to £704m in the last three months, despite a slight sales slide.
Meanwhile BP has struck a $10.5bn deal with BHP Billiton for its oil assets.
And, across the pond, Amazon unboxed its biggest ever quarterly earnings – £1.9bn.