Market Report
London pre-open: Stocks seen higher ahead of jobs data
London stocks were set for a positive open on Tuesday, taking their cue from upbeat sessions in the US and Asia as investors eyed the release of key UK jobs data.
Tuesday newspaper round-up: Woodford, Amazon, AstraZeneca, Brexit
MPs have asked the City regulator to publish details of its contact with Neil Woodford and raised concerns that the Financial Conduct Authority may have been asleep at the wheel as the fund manager tumbled into crisis. The Treasury select committee wants the Financial Conduct Authority to “set out the detail of its supervisory contact” with the Woodford Equity Income Fund. It also wants to know whether the watchdog plans to launch a formal investigation of the events that led to investors being blocked from cashing out their investments and to explain “how long such a suspension should be”.