Scottish Life cuts
Scottish Life has announced its second cut in bonuses for with-profits customers this year. The payout on a typical 25-year £50-a-month policy has dropped to £49,586. This compares with £55,196 on policies that matured since the last cut in January.
Footsie surges to two-year high
The FTSE 100 closed up 46 points last week at 4,591, its highest closing level for more than two years
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Over the past 12 months the index has risen by 6.8%
Over three years the index is down by 3.5%
Over five years the index has fallen by 23.7%
NXT had the biggest gain, up 18.9% to 75.5p
Regent Inns was the biggest faller, down 12.2% to 32.5p