Banks prosper amid best-performing FTSE stocks of 2024

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John Moore, senior investment manager at wealth manager RBC Brewin Dolphin, pointed to aerospace company Rolls-Royce and British airways owner IAG.

Standard Chartered was also among the top ten performers this year, increasing 54 per cent on a total return basis.

The UK lenders have been buoyed by higher interest rates, which were cut in August after nearly a year at 5.25 per cent.

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Article Details

Author / Journalist: Emma Dunkley

Category: MarketsFinanceInvesting

Markets: United States

Topics: Rates Lansdown Cent Recovery Year Banks Return Hargreaves Financial Shares Interest

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-23 @ 14:40:42 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 692 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 24601148

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About Financial Times

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 10 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 15 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

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News Language: English

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Publisher ID: #3

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