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Money:

How to avoid tax creep in retirement

The state pension went up 8.5% in April, but frozen thresholds mean pensioners will be paying more tax

Sophos jumps after ransomware attack - For more see the European equities LiveMarkets blog

Reuters - UK Focus

LONDON, May 15 (Reuters) - Live coverage of European markets now available on cpurl://apps.cp./cms/?pageId=livemarkets

Summary:

**STOXX 600 down 0.2 pct

**Anti-virus provider Sophos jumps 7 pct after global ransomware attack

**Atlantia (LSE: 0I2R.L - news) eyes dividend boost after launching Abertis (Amsterdam: IF6.AS - news) takeover bid

**Dignity (Other OTC: DGNTY - news) close to fresh year high after Q1 update

**Oil and gas stocks rise on crude price gains

**FTSE 100, DAX hit fresh record high (Reporting by Helen Reid)