News and comment
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Welcome to your on-line financial newsletter. This service is regularly updated to bring you news of important developments in financial matters.
Citywire Investment News
- Investors pile back into fixed income as global bond sales soar
Mon, 06 Sep 2010 14:17:00 +0100
Bond sales account for three out of five of the IMA's best selling sectors for July.
- Nordea targets UK wealth managers with quadruple fund launch
Mon, 06 Sep 2010 13:57:44 +0100
The Scandinavian investment firm has added sterling share classes on four of its funds, including a North American fund which delivered table topping performance in 2009.
- Capita launches financial services consultancy practice
Mon, 06 Sep 2010 13:54:16 +0100
Capita's new operation will focus on banks, insurers and life companies.
- Prudential signs investment bond deal with Santander
Mon, 06 Sep 2010 12:55:44 +0100
Prudential has signed a deal with Santander for its investment bonds to be sold by the bank's 1,000-strong sales force in its branches.
Citywire Money, Tax and Property
- Landlords brace themselves for benefit caps
Mon, 06 Sep 2010 00:01:00 +0100
There are concerns that cutbacks in Local Housing Allowance will push increasing numbers of tenants into arrears. But demand for rental properties remains high, so what is the outlook for landlords?
- The end of the 'cheap mortgage'
Sun, 05 Sep 2010 00:01:00 +0100
Linton Chiswick questions whether the regulator is about to call time on the last remaining ?cheap mortgage?.
- Mortgages: cut out the middle man for the best rates
Sat, 04 Sep 2010 00:01:00 +0100
Increasingly, high street banks are not only by-passing brokers ? the only place a potential homebuyer can get truly impartial advice on a home loan ? but they are restricting their best offers to existing customers.
- 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.
BBC Business News
- Barclays bank to create 600 jobs
Mon, 06 Sep 2010 13:25:53 GMT
Banking giant Barclays announces it is to expand its presence in Glasgow, creating 600 jobs.
- Wheat worries after Russia fires
Mon, 06 Sep 2010 13:13:22 GMT
Poor grain harvests around the world, and especially in Russia, have seen a steady rise in prices
- End UK rebate - EU budget chief
Mon, 06 Sep 2010 12:49:52 GMT
The EU budget commissioner says he sees no grounds for the UK to keep its budget rebate.
- Bank customers in 'dire poverty'
Mon, 06 Sep 2010 12:35:57 GMT
Banks are accused of leaving some customers in "dire poverty" after taking money out of their accounts without permission.
FT.com - Financial Markets News
- September stock surge extends into fourth session
Mon, 06 Sep 2010 12:36:54 GMT
Global Market Overview: Improving economic data over the past few days encourage a shift into plays on global growth, with stocks and metals prices move higher as currencies remain relatively stable
- Industrial demand keeps silver near 2½-year highs
Mon, 06 Sep 2010 11:00:39 GMT
Robust industrial demand as the global recovery continues help silver outperform gold
- FTSE 100 back over 5,450-point mark
Mon, 06 Sep 2010 10:07:12 GMT
Hopes for fresh bid activity keep London?s rally on course, with Cable Wireless Worldwide linked to interest from Singapore Telecom
- Indian stocks stand out as Asian rally continues
Mon, 06 Sep 2010 03:48:32 GMT
Indian stocks surge to their highest level in more than two-and-a-half years as global recovery hopes help Asian markets continued their unbroken run of positive sessions in September
BBC News
- 'Disgust' over son's killer term
Mon, 06 Sep 2010 13:37:57 GMT
A Flintshire mother calls for tougher sentences for so-called "one-punch killers" after her son's attacker was jailed for 40 months for manslaughter.
- Vicar jailed for sham marriages
Mon, 06 Sep 2010 13:31:23 GMT
A Sussex vicar found guilty of carrying out hundreds of sham marriages is jailed for four years.
- Barclays bank to create 600 jobs
Mon, 06 Sep 2010 13:25:53 GMT
Banking giant Barclays announces it is to expand its presence in Glasgow, creating 600 jobs.
- NI school evacuated in bomb alert
Mon, 06 Sep 2010 13:20:44 GMT
A primary school is closed in Antrim after an explosive device is found by an eight-year-old pupil and carried into a classroom.
