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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.

US: mid-year review and outlook

By Felix Wintle, Manager of the Neptune US Opportunities Fund H1 2014 Economic data: after last year’s strength, economic data has disappointed. Indeed, the economy contracted 2.9 per cent in the first three months of the year — the US economy’s worst performance for five years. However, rather than a symptom of underlying economic weakness or […]


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