Managers and fund buyers have begun rotating out of UK mid- and small-cap stocks in anticipation of a mega-cap resurgence.
On Thursday George Osborne will use his annual Autumn Statement to provide an update on the government's economic plans.
Chancellor George Osborne should cut stamp duty on homes valued at between £250,000 and £300,000, according to senior tax advisers.
Legg Mason's Bill Miller is struggling to find the ‘extraordinary' value in the US he did last year, and said equity markets could rise even higher in 2014.
Sterling rose against the US dollar in morning trading after the second reading of the UK's economic growth rate confirmed an increase of 0.8% in the third quarter, in line with analysts' expectations.
Most American expatriates have at least questioned their US citizenship due to the impact of the Foreign Account Tax Compliance Act (FATCA), a survey suggests.
US markets have continued to make gains overnight on the back of positive data on the job market.