View more on these topics

FTSE blog: FTSE 100 down almost 2% at close

European markets have tumbled today amid fears over Spanish debt.

At close, the FTSE 100 had fallen by 1.74 per cent to stand at 5297.28. The German Dax and the French Cac 40 were also down by 1.8 and 2.2 per cent respectively.

The falls come as the difference between the cost of Spanish and German bonds hit a new record as fears on Spanish debt rose

German government 10-year bond yields fell to 1.32 per cent, while Spain’s rose to 6.65 per cent.

Recommended

4

Osborne U-turns on tax relief cap for charitable giving

Chancellor George Osborne has dropped plans to impose a limit on tax relief for charitable giving, according to the BBC. In the March Budget, Osborne (pictured) announced plans to limit the amount that can be reclaimed in tax relief, including on charitable giving, to £50,000 or 25 per cent of an individual’s income, whichever is […]

Sherwins transfers to MAB New Homes Network

The Mortgage Advice Bureau New Homes Network has finalised the transfer of Sherwins from SPF Private Clients. Sherwins specialises in mortgages for affordable housing schemes and works closely with housing associations predominantly based in London and the South of England. The deal will see all six advisers and support staff, including director Richard Stone, move […]

Bloxham fund pulled from Wealth 150 after asset manager sale

Hargreaves Lansdown has removed the Elite Bloxham global equity income fund from its Wealth 150 list owing to “uncertainty” surrounding former owner Bloxham. Bloxham Stockbrokers, the asset manager’s parent company, has been ordered to stop trading by the Central Bank of Ireland after alleged financial irregularities came to light. The Bloxham Asset Management business has […]

1

Dampier: Anthony Bolton’s search for China’s unloved companies

I recently spent five days in China with renowned fund manager Anthony Bolton. We went to three major cities, Hong Kong, Beijing and Shanghai, visiting 18 companies, most of which he holds in his Fidelity China special situations trust. It was a most insightful trip, which highlighted both the opportunities and the risks of investing […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

There are 2 comments at the moment, we would love to hear your opinion too.

  1. Euro Bonds anyone

  2. Peter – 2 things

    1 – What`s it like to be perfect ?

    2 – What the hell has this rant got to do with the Spanish debt crisis ?

Leave a comment