Sterling has fallen back below $1.70 after Bank of England Governor Mark Carney sounded a more dovish tone on base rate rises.
Revenue from taxes on home buyers and savers looks likely to exceed money hauled in from ‘sin taxes' such as those applied to alcohol and tobacco, according to the Daily Telegraph.
Monetary Policy Committee member David Miles has outlined his desire for a rate rise before his exit in May 2015.
River and Mercantile Group, the asset management and consultancy business which formed in February, is to list today at a price which values the business at £150m.
Guinness Asset Management has launched the Guinness AIM EIS 2014, which is targeting capital growth and aims at investing in AIM-listed companies which qualify for EIS reliefs.
UK pharmaceutical group Shire saw shares jump 10% by mid-morning, after it revealed it rejected a £27bn bid approach from a US group.
Lloyds Banking Group has increased the amount of shares it is to sell as part of the TSB initial public offering following stronger than expected demand.
European peripheral debt has rallied this month, after the European Central Bank (ECB) cut interest rates and loosened monetary policy, but should investors cash in or buy more?
Cazenove Capital's Richard Jeffrey looks at what the European Central Bank's latest policy move means for markets.