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FTSE up almost 2% at close

The FTSE 100 has risen by almost 2 per cent on Tuesday as the blue-chip index continues to bounce back after concerns over Greece and Spain unnerved markets.

At close, the FTSE 100 was up 1.86 per cent to stand at 5403.28. The German Dax and the French Cac 40 were up 1.7 and 1.9 per cent respectively.

Royal Bank of Scotland made the biggest gain in the FTSE 100, having seen its share price increase by 5.53 per cent.

Markets ended last week over 5 per cent down over eurozone fears.


Lloyds ex-security boss charged with fraud

A former head of security at Lloyds Banking Group has been charged over an alleged £2.5m fraud at the bank. According to Sky News, Jessica Harper is accused of defrauding her employer through false invoices during her time as head of digital banking fraud and security, according to the Crown Prosecution Service The CPS Central […]

Widows calling for comms campaign to rally pensions

Scottish Widows is calling on the Government to launch a “compelling” communication campaign to encourage people to save for retirement, as research shows pension savings have hit record lows. Research from Widows, published last week, shows just 46 per cent of people are saving enough for their retirement compared with 51 per cent in last […]

Nationwide’s gross lending up 44%

Nationwide increased its gross lending by 44 per cent in the twelve months to April 4, 2012, to reach £18.4bn, up from £12.8bn in 2011. It helped over 24,000 first-time buyers during the year, a 9 per cent increase on last year . Group residential mortgage accounts more than three months in arrears were 0.73 per […]

SimplyBiz and Verbatim launch DFM service

SimplyBiz and Verbatim Asset Management are launching a discretionary fund management solution, Verbatim Discretionary Service. The discretionary service will have 24 model portfolios and will have no minimum investment and will launch to SimplyBiz members next month. The list of discretionary fund managers selected for the service are James Hambro and Partners, TCF Investment, Henderson […]

Artemis Global Income: favouring Europe over the US

With a 10 per cent return from his Global Income Fund in the first three months of 2015, Jacob de Tusch-Lec talks to journalist Alexis Xydias about the drivers and why he favours Europe and Asia over the US. Jacob believes European companies remain cheap and is still finding opportunities amid value stocks – in contrast […]


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