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
- James Montier: The 'Austerians' will destroy the recovery and usher in deflation
Fri, 30 Jul 2010 13:33:04 +0100
The 'Austerians' could destroy an economic recovery and increase the likelihood of deflation, warns influential investor James Montier.
- Saints hikes divi and expects shareholder payouts to rise
Fri, 30 Jul 2010 13:10:40 +0100
Manager of the Baillie Gifford trust Patrick Edwardson says as the global economic recovery picks up, so too will company profits and their payouts to shareholders.
- Exeter IFA firm strikes outsourcing deal with Brooks Macdonald
Fri, 30 Jul 2010 12:54:27 +0100
RK Shipman has entered into an agreement with Brooks Macdonald for the London based asset manager to run its clients' money.
- Push start from Fidelity helped Ocado get its flotation away
Fri, 30 Jul 2010 11:56:34 +0100
Ocado had to rely on existing shareholders - and fund management group Fidelity in particular - to get its recent stock market flotation away.
- Why did Swip's European experiment fail?
Fri, 30 Jul 2010 11:51:55 +0100
Lessons must be drawn from Swip's inability to extend its distribution into Europe.
BBC Business News
- Northwest agrees to pay $38m fine
Fri, 30 Jul 2010 19:45:44 +0000
Northwest Airlines will plead guilty and pay a $38m fine for fixing air-cargo prices, the US justice department says.
- BP boss scaling back oil effort
Fri, 30 Jul 2010 18:46:21 +0000
Incoming BP chief executive Bob Dudley has said it is time to scale back some parts of the oil spill clean-up in the Gulf of Mexico.
- Iran trade sanctions hit Dubai port
Fri, 30 Jul 2010 18:36:07 +0000
In Dubai's port area, the renewed clampdown by the US on trade with Iran is hurting many legitimate, local businesses.
- BP boss scaling back oil effort
Fri, 30 Jul 2010 18:07:23 +0000
The incoming BP chief executive has said it is time to scale back some parts of the oil spill clean-up in the Gulf of Mexico.
- Picking up Penguins for 75 years
Fri, 30 Jul 2010 17:42:49 +0000
A colourful history of the famous book publisher
Citywire Money, Tax and Property
- House prices: Nationwide reports first drop since February
Thu, 29 Jul 2010 08:24:53 +0100
Nationwide has reported a 0.5% drop in the price of an average UK property, adding to evidence that prices are heading lower.
- House prices rise slightly in June
Wed, 28 Jul 2010 13:07:44 +0100
Land Registry reports 0.1% rise in June following May?s slight fall. Figures come in contrast to other indices which are showing falling prices.
- Morning Line: interest rate rise or not, savers are unlikely to benefit
Mon, 26 Jul 2010 11:51:04 +0100
Seldom have economists been so divided over when interest rates will rise. But whatever happens, it is unlikely that savers will benefit.
- 'Home staging' is all the rage - but there are better ways to sell up
Sun, 25 Jul 2010 00:01:00 +0100
A booming industry in the US aims to help people sell their homes, but here, as a second property price bust looms, it's hard cash that will ultimately speak loudest.
- House prices: the areas where it is cheaper to buy than rent
Wed, 21 Jul 2010 14:08:22 +0100
A new survey reveals the places where it is cheaper to buy a home than rent one, provided you can get the mortgage.
Citywire News
- Shares fall to day lows as US GDP disappoints
Fri, 30 Jul 2010 13:52:03 +0100
(Update) US markets opened lower after yet more evidence the pace of the recovery in the world's largest economy is slowing.
- The CFDealer: two stocks to buy, one to sell
Fri, 30 Jul 2010 13:34:31 +0100
Flushed with the success of my tips and recent bid targets SSL International and Dimension Data, here are three more ideas for active investors.
- The man who wants to save child trust funds
Fri, 30 Jul 2010 13:23:24 +0100
A campaign is growing to save child trust funds from the scrap heap. Do you agree parents and family should be allowed to continue saving into the schemes for children, even if the government stops handing out free money?
- Keydata tax liability grows to £12m
Fri, 30 Jul 2010 12:59:25 +0100
HM Revenue and Customs has made a £12 million tax claim against Keydata Investment Services for its breach of ISA rules, according to the Financial Services Authority.
- Push start from Fidelity helped Ocado get its flotation away
Fri, 30 Jul 2010 11:56:34 +0100
Ocado had to rely on existing shareholders - and fund management group Fidelity in particular - to get its recent stock market flotation away.
BBC News
- Turner leads GB Euro medal haul
Fri, 30 Jul 2010 20:14:21 +0000
Andy Turner leads Great Britain's medal haul on the fourth day of the European Championships as he takes gold in the 110m hurdles.
- Widow's relief as remains found
Fri, 30 Jul 2010 19:59:34 +0000
The widow of a man believed to have been killed by the IRA in 1981 said she felt sad but relieved that her husband's remains appeared to have been found.
- Bishop backs 1971 killings probe
Fri, 30 Jul 2010 19:52:34 +0000
Government and society must have the guts to confront past wrongs in NI if the region is to look to a better future, a Catholic bishop says.
- Northwest agrees to pay $38m fine
Fri, 30 Jul 2010 19:45:44 +0000
Northwest Airlines will plead guilty and pay a $38m fine for fixing air-cargo prices, the US justice department says.
- Lebanon urged to resist violence
Fri, 30 Jul 2010 19:39:20 +0000
Syria's president and the Saudi king call on Lebanon's rival factions to avoid turning to violence amid mounting political tensions in the country.