STOCK WATCH

■ KINGSWOOD shares rose after it said its UK business could be sold.

The global wealth manager, which looks after mortgages, pensions and tax, said that it is looking at ‘strategic options’ that include a potential sale of the company’s UK business or third-party investment.

It came after a report at the weekend suggested it could be sold for up to £250m.

Shares in Kingswood, which also operates in Ireland, South Africa and the US, jumped 9.4pc, or 2.5p, to 29p.