Certainly closing above 4,400 last week has been positive. The market seemed to be struggling to get over that. We've been helped in quite large part by a big move in the oils in recent days.
It's a good offer, but it's probably as far as Bank of Scotland can go. RBS will probably step in as a kind of white knight.
They're like Dispatch with a kind of Pearl Jam-ish type, with a little more of a return to the heavy guitar instruments. It's a definite depart from Dispatch.
The retailers are pretty awful but everyone knows that. The retail analysts are waiting to see whether the shops go on full sale ahead of Christmas.
