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

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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TaggedBanco Sabadell, Banking, Challenger banking, FTSE100, Lee Kuan Yew, Obituaries, Roddie Fleming, Singapore, TSB

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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

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