Market Report: Whitbread Announcement Helps Ftse Regain Lost Ground

Summary


Leisure group Whitbread helped the London market claw back some of the week's lost ground yesterday as it announced the potential sale of its Marriott hotels.

Shares in the company shot up nearly eight per cent or 69p to 965p as analysts predicted a price tag of more than pounds 1 billion and a likely return of capital to investors.

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Market Report: Whitbread Announcement Helps Ftse Regain Lost Ground

Falling oil prices alsoboosted sentiment, with the price of a barrel of US light crude for April d...

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