The pace of increase in UK house prices accelerated in July, rising by 3.5% compared with a year earlier, according to the Nationwide.
The government begins its sell-off of shares in part-nationalised lender Royal Bank of Scotland, raising £2.1bn, a third below the price it paid.
Shares in Standard Life fell on Tuesday after a drop in annuity business dampened profits for the insurer and asset manager.
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