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Banks move FTSE higher

The FTSE opened at 4,239 this morning with banks stronger in early trades.

By 9.37am, London’s equities were 0.6 per cent higher at 4,264 with strong gains from Lloyds Banking Group after Goldman Sachs raised its recommendation on the stock to buy from neutral.

Lloyds gained 3.2 per cent to 68.60p on the back of the news, with Royal Bank of Scotland up 0.5 per cent to 38.32p and Barclays up 0.62 to 269.75p.


The custard clause

OK, I give up – where’s it hidden? I know it has to be in there someplace but I’ve had a good old rummage around and I can’t seem to find it anywhere.


An absolute mess?

Advisers are calling for a clean-up of the absolute return sector as funds continue to trail behind their benchmarks.

Rose moves into chalet business

Chandos Rose founder Philip Rose is taking a back seat at the firm to set up an Alpine chalet rental business.

Life cover for life

Jennifer Gilchrist Proposition Lead – Design, Royal London When someone mentions whole of life plans, most people will think of a niche product that serves as an inheritance tax planning tool for high-net-worth clients. And it’s really not surprising they’ve been pigeonholed in that way because before the arrival of RDR in 2013, that’s more […]


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