Stocks rise and pound climbs as Budget rumours swirl

Banking stocks gave the FTSE 100 a lift on Tuesday amid reports that the sector will be spared a tax hit in Wednesday’s budget. The FTSE 100 index closed up 74.62 points, 0.8%, at 9,609.53. The FTSE ...

What Budget rumours are doing to the FTSE 100

The biggest fallers on the FTSE 100 were Beazley, down 79p at 781p, Intertek, down 278p at 4,592, Pearson, down 21.8p at ...

Reeves tipped to announce a stamp duty holiday for newly-listed UK shares in boost for the City

The exemption will mean the 0.5% tax on trades will not be payable on UK stocks for three years from their market debuts, ...

LONDON MARKET CLOSE: Stocks rise, pound climbs as budget rumours swirl

High street lenders Lloyds Banking Group rose 3.8%, NatWest Group climbed 3.7% and Barclays advanced 2.4% as the Financial Times said Chancellor Rachel Reeves is unlikely to impose further tax hikes ...