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FTSE 100 falls back

The FTSE 100 opened marginally higher today but soon slipped into the red as banks and mining stocks led the index lower.

By 9.23am, the index was down 0.6 per cent to 4,438 and by 1.37pm it had fallen 1 per cent to 4,416.

Barclays was down 2.1 per cent to 275p, Lloyds Banking Group down 4 per cent to 96.60p, HSBC down 1.4 per cent to 569.50p and Royal Bank of Scotland down 3.8 per cent to 45.60p.


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Sesame is setting up a training programme to help adviser firms diversify their income stream by enabling support staff to write general insurance business.

Skills Academy chooses chief exec

Her primary role is to increase awareness among employers, employees and potential new joiners to the industry of the training and development opportunities that exist.

Educate, don’t regulate

Last time out, I suggested here that retail financial services regulation should be wound down and the money saved be spent educating consumers.


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