London stocks rose in early trade on Tuesday, outperforming their European peers as banks led the charge after the Bank of England removed dividend restrictions on the sector.
At 0850 BST, the FTSE 100 was up 0.3% at 7,144.30 after the Bank said it was removing restrictions on dividend payouts introduced in the wake of the Covid-19 pandemic as the sector remains “well-capitalised” and “resilient”.
Jarvis Investment Management Ltd offers a wide range of stockbroking and administration services and solutions. Their parent company, Jarvis Securities plc (LON:JIM) is listed on AIM.