The FTSE 100 closed 0.76% lower at 6007.60, fuelled by massive falls in banking stocks.
HBOS and Alliance & Leceister recorded significant falls of 10% and 5.23%, respectively. HBOS sustained losses after its rival Bradford & Bingley reported shock profits and cut the offer price for its...
Likelihood of 30 January rate cut rises
Misuse of audio feed
Liquidity mismatches in open-ended funds, such as that seen in the property sector and in the case of the Woodford Equity Income fund, poses a threat to financial stability and could “amplify shocks in the financial system”, the Bank of England (BoE)...
Services sector behind 'strong July'
The Pro Adviser Podcast
Following Bailey's BoE role