The City warmed to the news of Scottish & Newcastle's plans, with shares rising 251/2p on one day of trading to finish at 4301/2p at close of play Wednesday. The company still has a long way to go to restore its fortunes from its high of 799p recorded on May 4 last year. The price has been in steady decline ever since, and at least the partnership deal with Danone has given it cause for some respite. Its fortunes eclipsed those of Whitbread, which was surrounded by speculation this week it may take the company private after it was booted out of the FTSE-100. The company, victim of the fashion for internet and high technology stocks, has seen its share price more than halve since last summer. At close of play on Wednesday, the price stood at 5321/2p, well down from its year high of £25.99 on April 9 last year. {{NEWS }}