News and comment
Welcome to your on-line financial newsletter. This service is regularly updated to bring you news of important developments in financial matters.
The external links on this page will take you to other sites which are not connected to the regulated site of . Neither nor
Citywire Investment News
- Investment Line: Has the recession permanently damaged UK GDP?
Fri, 03 Sep 2010 14:00:34 +0100
Measuring whether the UK's ouput gap is closing or lost forever after the downturn is playing a key role in determining monetary policy.
- Global markets soar as US jobs data brings more cheer
Fri, 03 Sep 2010 13:58:10 +0100
Today's US jobs data came in much better than expected dampening fears the world's largest economy is heading back towards recession.
- Wealth managers recover second quarter losses
Fri, 03 Sep 2010 13:20:46 +0100
Research from Asset Risk Consultants (Arc) shows wealth managers managed to recover some of the losses from dreadful in May and June.
- The financial crisis isn?t the problem ? it's expensive old people
Fri, 03 Sep 2010 12:18:23 +0100
We risk ignoring 'the fiscal challenge of the 21st century'.
- Capita employee in fatal fall at AXA office
Fri, 03 Sep 2010 11:43:06 +0100
A Capita employee has died after falling three floors inside one of AXA?s offices in Bristol.
Citywire Money, Tax and Property
- FSA fines and censures mortgage brokers over fraud
Tue, 31 Aug 2010 13:37:07 +0100
The Financial Services Authority has banned one mortgage broker and fined another for failing to prevent false mortgage applications being made to lenders.
- Morning Line: Why should first time buyers suffer?
Tue, 31 Aug 2010 11:20:38 +0100
If the Bank of England is serious about capping mortgage loan-to-value ratios as a means of preventing another credit crisis then it risks excluding more young people from home ownership. Is this what the coalition really wants?
- Mortgages: don't write off a fixed rate
Sat, 28 Aug 2010 00:01:00 +0100
Most people are opting for a tracker mortgage, but it is not the right option for everyone. Lorna Bourke considers the options for borrowers.
- Homeowners must protect themselves against unemployment
Sat, 28 Aug 2010 00:01:00 +0100
How would you pay off your mortgage if you lost your job? Lorna Bourke looks at the help available.
- House building and the disastrous impact of 'Big Society'
Fri, 27 Aug 2010 00:01:00 +0100
Distortion and spin is tearing apart an economically and socially vital industry - house building - at a time of great need and fragility, writes Linton Chiswick.
FT.com - Financial Markets News
- Wall St cheered by jobs data
Fri, 03 Sep 2010 17:56:11 GMT
US stocks rose, extending this week?s rally, after a better-than-expected August jobs report eased fears about a slowdown in the pace of the economic recovery
- Harvest fears push up global grain prices
Fri, 03 Sep 2010 17:24:25 GMT
The cost of barley, an important feed for the livestock industry, and of rice also moved higher on the week
- Haven status fuels Swiss franc
Fri, 03 Sep 2010 16:46:09 GMT
Swiss franc hits record high against the euro and nears parity against the dollar as worries over the global economic recovery drive haven demand
- Investors buoyed by better US jobs data
Fri, 03 Sep 2010 16:40:10 GMT
Traders are piling into risky bets after a better than expected US labour market report reinforced hopes that the US economy can avoid sliding back into recession.
- Bid hopes help FTSE stay positive
Fri, 03 Sep 2010 16:02:47 GMT
The outbreak of bid speculation on the London equities market helps London shares stay positive, while the September rally faces a stern test from US data
Citywire News
- Credit card rates set to rise as write-offs soar
Fri, 03 Sep 2010 15:51:00 +0100
If you are wondering why you pay such a high interest charge on your credit card look no further than the latest debt figures from the Bank of England.
- Global markets soar as US jobs data brings more cheer
Fri, 03 Sep 2010 13:58:10 +0100
Today's US jobs data came in much better than expected dampening fears the world's largest economy is heading back towards recession.
- Shares tread water ahead of US jobs data
Fri, 03 Sep 2010 11:05:29 +0100
UK shares made gains for the sixth day in a row, but investors remain nervous ahead of today's US jobs data after recent mixed signals on the pace of growth in the world's largest economy.
- Morning Line: financial crisis isn?t the problem ? it's expensive old people
Fri, 03 Sep 2010 10:54:19 +0100
We risk ignoring 'the fiscal challenge of the 21st century'.
- HSBC may leave the UK if forced to split
Fri, 03 Sep 2010 09:39:15 +0100
HSBC's head of investment banking says if the UK decides banks must split their businesses in two his bank may decide to relocate.
BBC News
- Cargo plane crash near Dubai road
Fri, 03 Sep 2010 18:12:18 GMT
A UPS cargo plane crashes after take-off near a motorway in Dubai, killing two crew members aboard, officials say.
- Murder inquiry launched in Armagh
Fri, 03 Sep 2010 18:07:40 GMT
Detectives in Armagh have begun a murder inquiry after a man's body was found in the Castle Street area on Friday.
- Earthquake hits south New Zealand
Fri, 03 Sep 2010 17:58:37 GMT
A 7.2-magnitude earthquake has struck New Zealand's South Island, the US Geological Survey says.
- Plane body women face no charges
Fri, 03 Sep 2010 17:38:08 GMT
Two women who were arrested after trying to take a dead relative on to a plane at Liverpool John Lennon Airport will not face charges.
- Fans jailed for Uefa screen riot
Fri, 03 Sep 2010 17:27:43 GMT
Eleven football hooligans who took part in the worst destruction Manchester has suffered "since the Blitz" will be going to jail, a judge has said.