LV= has reduced the rate of interest on its newly launched Flexible Lifetime Mortgage by 0.2pc to 6.75pc.

Plans for more than eight million sq ft of speculative office buildings, including the Cheesegrater skyscraper, could be shelved as the financial sector retrenches and cuts its demand for space in the City of London, according to The Times .

The Dow Jones' positive run overnight rubbed off on UK stocks this morning, driving the FTSE100 29.80 points (0.54%) higher to 5527.20.

Yorkshire Building Society has today launched a new range of fixed rate mortgages.

Compared with how things are today it was relatively straightforward to set up a small one man IFA directly with the regulator (FIMBRA at the time) back when I first started out on my own. Not so now.

Strong resources sector performance has driven the FTSE forward, which closes, up 62.60points (1.15%) to 551120.

Evy Hambro, manager of the MLIIF World Mining fund for BlackRock, advises commodity investors to consider the long-term supply and demand issues, rather than be distracted by short-term market moves.

Despite some big-name launches, the latest swathe of funds launched into the IMA Absolute Returns sector have engendered little excitement among advisers.

Income heavyweight Clive Beagles says the beleaguered UK equity income sector has reached a "turning point", which will reverse months of poor performance and dwindling assets under management.

The Share Centre is to link with Legal & General to offer pension products to clients.