'Forecasts are there to be beaten': Sterling spikes as Hammond delivers upbeat outlook in Spring Statement
Up 0.46% against the US dollar
Up against all major currencies
First time in history
Remained unchanged at 3%
Currency strength 'unlikely to last'
CPI drops to 3%
Follows 'progress report' last week
From Japanese equities to corporate bonds
Those adapting to disruptive environment
Allow for inter-company transfers
Refocusing on sterling
Warning talks unlikely to progress
City of London trust's Curtis: I am more confident about UK dividends than I have been for a long time
Janus Henderson's Job Curtis, manager of the £1.4bn City of London investment trust, said he is starting to feel positive about equity markets and in turn, dividend cover, as growth begins to pick up and the global economy moves "out of the hospital ward"....
Opportunities in sterling bonds
Brexit, earnings and valuations a concern
Currency also a big risk
Inflation key driver
While angst over the longer-term implications of Brexit is still rising, there has also been hope the depreciation in the pound would have a more immediate beneficial impact on trade flows, writes Richard Jeffrey, chief economist at Cazenove Capital....
No progress on key issues
UK dividend growth rose 6.1% in underlying terms
Our UK outlook has been steadily downgraded over the last 12 months.
Fallen 1.1% to 7,323 points
Fell almost 0.5% on Tuesday