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In the era of the worldwide web, you would have thought the Financial Times and the City pages of the major broadsheets had been rendered redundant.
Yesterday's news today. Well, yes and no. The FT survives because it is the paper of record for the Square Mile. Reading Lex and Lombard will help you gauge the mood of the London investment community.
The FT reports in far greater depth than the websites and the wire services such as Reuters and often sets the agenda for days and weeks to come.
It is a great place to start building your knowledge base.

For the First Time Investor, I would recommend you also buy the Telegraph and the Times.
They offer a more opinionated look at companies and markets and break some great stories, days and even weeks ahead of time.
For the ultimately accessible guide to what happened in the City, then the Mail is a great place to start.
Devour as much as you can until you get a feel for the market, the terminology, the ongoing stories.
The Investors Chronicle and Shares magazine give a more analytical assessment of the week's events inside and outside of the LSE.
But steer clear of the share tips. First, they are written by journalists (not analysts). Second, the prices will have moved long before you have chance to buy or sell the shares.
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