These figures represent a very strong performance, reflecting excellent market conditions, exclusive products and continued focus on investment in service and value for our customers.

Our free broadband proposition, announced today, will require significant levels of investment in the short term. However, the broadband market is growing rapidly, and we are well placed to become a major force within it.

This resulted from favourable equity market conditions, strong investment performance and healthy net inflows.

First we launched free calls for our customers, today we're launching free broadband forever. Our focus will now be on processing all orders as quickly as possible. Demand is going to be enormous.

The London property market has excellent investment opportunities.

no longer believes that financial conditions are favorable enough to support a continued expansion in p/e ratios.