October 23 2014 Latest news:
T’is the season of mists, mellow fruitfulness and stock market falls.
What a difference a couple of weeks can make! It was not so very long ago that I was bemoaning the failure of our benchmark FTSE 100 share index to break through into the new high ground to which we were tantalisingly close. Last week saw yet another negative week for UK shares, bringing the Footsie to its lowest level for a year.
During the third quarter which has just ended, the FTSE 100 index did actually reach a 14 year high.
Despite the Scots having a last minute injection of good sense and committing (just) to the union, shares are still experiencing unsettled conditions.