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So the FTSE100 has finally broken its record – it’s still not doing nearly as well as executive pay

Plus: A ‘challenger bank’ arrives from Spain; and memories of Lee Kuan Yew’s Singapore

28 March 2015

9:00 AM

28 March 2015

9:00 AM

The FTSE100 index has at last breached 7,000, surpassing its peak of 30 December 1999 and provoking moderate celebration among investors who have enjoyed such poor returns all these years. A thousand pounds invested in FTSE100 stocks on Millennium Eve, with dividends reinvested, was worth £1,670 by last month, an annual return of 3.4

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