Sterling tumbled almost a cent against the dollar, down 0.7pc to $1.5145, as traders said falling inflation raised the prospect of more stimulus when Mark Carney takes over as Bank of England Governor in July.
Jamie Dimon, the chief executive and chairman of JPMorgan Chase. Haraz N. Ghanbari/Associated PressJamie Dimon, the chief executive and chairman of JPMorgan Chase.
By David Brett. LONDON | Tue May 21, 2013 5:32pm BST. LONDON (Reuters) - The FTSE top share index closed within sight of its all-time high on Tuesday, lifted by mining stocks and positive corporate news from luxury retailer Burberry among others.
LONDON�Burberry Group PLC showed further signs of recovery following a midyear profit warning, as it reported a rise in full-year revenue on Tuesday.
Nick Buckles has quit unexpectedly from G4S after a difficult year that saw the chief executive survive calls for his departure after the mishandling of a high profile contract to provide security guards to the London 2012 Olympics.