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FTSE continues to slide

The FTSE opened at 4,326 today, with many of the UK banks and miners extending losses extending from the previous session.

By 8.45am, the index was down 0.2 per cent to 4,323 from Wednesday’s close of 4,331 with Lloyds Banking Group down 0.2 per cent to 84.40p and Royal Bank of Scotland down 1.1 per cent to 37.60p.

Miners also shouldered losses with Rio Tinto down 1.2 per cent to 2,473p, Anglo American down 2.0 per cent to 1,442p and BHP Billiton down 0.6 per cent to 1,381p.


Fees or bust

The news that Marks & Spencer has dropped its differential pricing on bigger bras got me thinking, after all, the idea of prices based on the item and not its contents (build contents that is) takes me to the most important part of the move to fees.

Investment clock economic update

In the latest Investment Clock economic update, Ian Kernohan, Senior Economist at Royal London Asset Management, discusses the implications of the US Federal Reserve’s recent hike in interest rates and upcoming French presidential election. The value of investments and the income from them is not guaranteed and may go down as well as up and […]


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