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
- Should the Tories ditch George Osborne for Ken Clarke?
Thu, 11 Mar 2010 11:17:14 GMT
Would Conservative fortunes be improved by making Ken Clarke shadow chancellor?
- Adam Co's expansion plan targets financial planners
Thu, 11 Mar 2010 10:51:30 GMT
Private bank Adam Co is undertaking a strategic recruitment drive to beef up its financial planning capabilities.
- Matrix teams up with Lazard for convertible arbitrage strategy
Thu, 11 Mar 2010 10:23:41 GMT
Subject to regulatory approval Matrix is looking offer Lazard's convertible arbitrage hedge fund strategy under a Ucits III structure.
- Market Update: Brighter retailers outweigh cautious miners
Thu, 11 Mar 2010 10:05:29 GMT
Retailers draw comfort from better-than-expected sales figures from Home Retail, William Morrison and John Lewis, but miners weaker amid fears of runaway Chinese inflation.
- Absolute Returns: Who is adding alpha in emerging market debt?
Thu, 11 Mar 2010 09:52:09 GMT
Schroder ISF Emerging Markets Debt goes head to head with Absolute Insight Emerging Market Debt.
BBC Business News
- Greeks stage fresh general strike
Thu, 11 Mar 2010 12:48:09 GMT
Greek public and transport services grind to a halt and clashes break out during a third strike over austerity measures.
- Mexican shakes up world rich list
Thu, 11 Mar 2010 12:39:49 GMT
Mexican Carlos Slim Huan overtakes Bill Gates as the world's richest man, according to the Forbes 'rich list'.
- Union considering BA strike dates
Thu, 11 Mar 2010 12:34:15 GMT
Union leaders representing British Airways cabin crew are meeting to decide whether to announce dates for a strike.
- HMRC ready to back Pompey set-up
Thu, 11 Mar 2010 12:33:07 GMT
The validity of Portsmouth's administration will not be challenged by HM Revenue Customs, the BBC learns.
- Record judgement: Pink Floyd win EMI court battle
Thu, 11 Mar 2010 12:32:12 GMT
EMI are no longer allowed to sell individual Pink Floyd tracks online, the High Court rules.
Citywire Money, Tax and Property
- Could the Chancellor unveil a Budget sweetener for ISA savers?
Thu, 11 Mar 2010 11:01:00 GMT
Allowing ISA savers to invest their whole allowance into cash investments might be a cheap and easy way of wooing middle class voters.
- Why this bull market could last two more years
Thu, 11 Mar 2010 09:28:45 GMT
As the recovery moves into its second year, there are reasons to be optimistic with every post-war bull market having run into a third year and lasting 50 months on average.
- Bill Gates is no longer the richest man on earth
Thu, 11 Mar 2010 09:04:09 GMT
Mexican Carlos Slim has beaten American Bill Gates to the number one spot on the annual Forbes rich list.
- FSA tells banks to prepare for double-dip recession
Thu, 11 Mar 2010 09:03:57 GMT
FSA stress tests mean banks must prepare for possibility of double-dip recession, including rise in unemployment to 13.3%.
- Grant Thornton?s top 10 Budget predictions
Thu, 11 Mar 2010 00:01:00 GMT
With Gordon Brown announcing that the Budget will be held on March 24, the tax experts are dusting off their crystal balls.
Citywire News
- Why BP is a must-own for income seekers
Thu, 11 Mar 2010 11:10:00 GMT
BP has bought more assets in the Gulf of Mexico and its first licenses in Brazil, adding to its already robust production growth prospects.
- Could the Chancellor unveil a Budget sweetener for ISA savers?
Thu, 11 Mar 2010 11:01:00 GMT
Allowing ISA savers to invest their whole allowance into cash investments might be a cheap and easy way of wooing middle class voters.
- Market Update: Brighter retailers outweigh cautious miners
Thu, 11 Mar 2010 10:05:29 GMT
Retailers draw comfort from better-than-expected sales figures from Home Retail, William Morrison and John Lewis, but miners weaker amid fears of runaway Chinese inflation.
- Broker Roundup Update: Collins Stewart recommends Close Bros
Thu, 11 Mar 2010 09:33:36 GMT
HSBC overweight in BP and WPP.
- Why this bull market could last two more years
Thu, 11 Mar 2010 09:28:45 GMT
As the recovery moves into its second year, there are reasons to be optimistic with every post-war bull market having run into a third year and lasting 50 months on average.
BBC News
- Life for stabbing friend in heart
Thu, 11 Mar 2010 12:52:59 GMT
A judge tells a man he must serve at least 18 years for stabbing his friend in the heart in a street fight.
- Ukraine president forms coalition
Thu, 11 Mar 2010 12:52:48 GMT
Ukrainian President Viktor Yanukovych secures a coalition in parliament and one of his loyalists is confirmed as PM.
- Crackdown on school place cheats
Thu, 11 Mar 2010 12:40:56 GMT
A report into parents who cheat to get their child into a school calls for whistleblowing hotlines to be set up.
- Bill Gates is no longer the world's richest man, say Forbes
Thu, 11 Mar 2010 12:39:49 GMT
Mexican Carlos Slim overtakes Bill Gates as the world's richest man, according to the Forbes "rich list", with a fortune of $53.5bn.
- Tyrone Crystal factory is closing
Thu, 11 Mar 2010 12:34:48 GMT
The Tyrone Crystal factory near Dungannon is to close with the loss of 31 jobs, after 40 years in existence.