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Latest News - Gavin Lumsden

FTSE takes breather after downbeat Benckiser

UK stock market rally pauses after after consumer goods giant Reckitt Benckiser issues cautious outlook in its annual results.

FTSE recovers with first positive week after crash

‘It is too early to call the end of the bull market,’ says a fund manager as FTSE 100 sets course to record first week of gains after February crash.

Woodford blasts US hedge fund selling Prothena short

Neil Woodford attacks US hedge fund Kerrisdale Capital shorting a top holding in his underperforming Woodford Patient Capital Trust, sayings its claims are ‘inaccurate and unsubstantiated’.

A'right MATE? JP Morgan chases alternatives with multi-asset trust launch

JPMorgan Multi-Asset Trust (MATE), group’s first new investment trust in five years, will offer exposure to debt and infrastructure alongside equities.

FTSE retreats from 2017 high on firm start for pound

Groggy New Year start in London sees shares in dollar-earning blue chips fall after manufacturing data lifts pound against US currency.

FTSE firmer as EasyJet spies break in the clouds

EasyJet, the last airline standing in a troubled sector, propels FTSE 100 higher after saying it has started to benefit from the woes of rivals.

Tech trusts lead FTSE higher as US powers on

Scottish Mortgage and investment trusts exposed to tech titans and buoyant US economy dominate FTSE leader boards, while Spain's crisis fails to detract from a rally in Europe.

FTSE advances as pound falls on retail sales slide

In a reversal of yesterday, the FTSE 100 rose 0.5% and the pound fell a similar amount as data showed consumer spending slumped this month.

Strong pound and weak Glaxo push FTSE lower

The FTSE 100 lurched below 7,500 as a strong pound caused by better-than-expected economic growth blunted international blue chip stocks.

Woodford-backed Spire rejects bid approach

Spire Healthcare leaps 12% after rebuffing £1.2 billion offer from rival Mediclinic and Dialight and Pendragon plunge on profits warnings.

Video pick
12 Comments Play Ex-Partnership chief: I was in the dark about pension freedoms

Ex-Partnership chief: I was in the dark about pension freedoms

Former Partnership chief executive Steve Groves has criticised the pension freedoms and revealed that, unlike others, he did not receive any prior warning of what was in the 2014 Budget.

Play Boutique tapes: if you want to get rich, work for Goldman Sachs

Boutique tapes: if you want to get rich, work for Goldman Sachs

In the first edition of a four-part series, four boutique bosses reveal how they convince top fund managers to join them.

NMA Profile
Adviser profile: Claire Phillips of First Wealth

Adviser profile: Claire Phillips of First Wealth

Despite plans to cut client numbers in half this year, Claire Phillips says First Wealth is committed to closing the advice gap and improving financial education