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Snap news

The latest on Wednesday,

- UBS Chairman will not stand for re-election – statement.

- ITV suspends dividend, plans to cut 600 jobs — statement.

- Old Mutual 2008 PBT drops 66 per cent to £595m — statement.

- SVG Capital says 101,338,022 of 139,069,901 rights issue shares have been subscribed to — statement.

- Jarvis Securities posts 15 per cent decline in annual profit — statement.

- Rathbone Brothers annual PBT down 9.5 per cent to £42.8m– statement.

- Corporate: Avis Europe, Informa, Carillion, Lavendon, Sportingbet, Blackrock.

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