Spending Review: Home Office agrees cuts with Osborne

The Home Office and five other departments are the latest to reach a deal with George Osborne over spending cuts, the government has confirmed.

The chancellor has already agreed cuts of up to 10% with seven government departments for 2015-6 ahead of his spending review on 26 June.

But defence has yet to settle amid concerns about military job cuts.

FTSE 100 modestly lower at midday as an early rally stalls

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FTSE100 little changed as weak banks offset strong miners

Hope you all have a great weekend!

G.