FTSE dives into the red on banking woes

clock

The FTSE has suffered sharp falls in afternoon trading with banking stocks leading the plunge into the red amid renewed euro debt concerns.

Shortly after 2.30pm, London's leading share index was down 3.4%, or 185 points, to 5146. Barclays and Lloyds Banking Group have both tumbled more than 8% with Royal Bank of Scotland down 7.9% a...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

NatWest Cushon: Private market conversation must now move to commitment

NatWest Cushon: Private market conversation must now move to commitment

Provider says investment in productive assets could be ‘transformative’ for the economy and for savers’ long-term wealth

Jonathan Stapleton
clock 17 October 2025 • 1 min read
Investment in unlisted equities hits £1.6bn under Mansion House Compact

Investment in unlisted equities hits £1.6bn under Mansion House Compact

Mansion House DC default holdings in unlisted equities doubled since last year, according to ABI

Jasmine Urquhart
clock 16 October 2025 • 2 min read
Partner Insight: Bond navigators - Why now is the time for global government bonds

Partner Insight: Bond navigators - Why now is the time for global government bonds

In a world of heightened volatility — driven by protectionism, geopolitical realignment, and diverging monetary policies — Royal London Asset Management believe that fixed income investors need more than just duration management. They need global diversification and multiple alpha levers.

Gareth Hill, Senior Fund Manager @ Royal London Asset Management
clock 14 October 2025 • 3 min read
Trustpilot