Shares in Royal Bank of Scotland topped the FTSE 100 this afternoon following reports Abu Dhabi's sovereign wealth fund is considering buying a 'significant stake' in the bank.
The UK government is in advanced talks to sell a significant stake in the Royal Bank of Scotland (RBS) to Abu Dhabi.
Legal & General IM's Ben Gill expects the Bank of England may be forced to intervene to weaken sterling as it explores other forms of QE.
BT led the FTSE 100 this morning, with shares jumping sharply after it revealed it had spent £2bn cutting its pension deficit in half.
European markets have added to early losses as concerns over Chinese growth hit miners and a military coup in Mali sent Rangold Resources shares plummeting.
Wall Street opened lower today, echoing losses seen in European and Asia, as investors took profits from the recent rally.
After a volatile start to 2012, equity markets have staged a prolonged rally in recent weeks.
A fund manager's age does have an effect on whether they should outperform, with those in their early 40s most likely to beat their peers, according to research from Scottish Widows Investment Partnership's(SWIP) multi-manager team.
UK stocks will climb 10% over the next few months, said Colin McLean, managing director of SVM Asset Management, with industrials and financials set for the strongest rally.