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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
- Transocean slams BP's 'self-serving' Gulf of Mexico disaster report
Wed, 08 Sep 2010 15:50:00 +0100
(Update) A BP report found a 'number of parties' share the blame for the Deepwater Horizon but Transocean and Halliburton have hit back at the 'flawed' report.
- Economic growth slowing but remains 'robust', says think tank
Wed, 08 Sep 2010 15:00:00 +0100
UK growth was 0.7% in the three months ending in August, down from 1.3% in the three months ending in July, according to estimates from NIESR.
- GAM launches market neutral credit Newcits fund
Wed, 08 Sep 2010 14:08:07 +0100
GAM has added another fund to its growing Newcits range with the launch of the GAM Star Diversified Market Neutral Credit fund on its Ucits III platform.
- Investment Line: eight reasons why deflation is a slow burning threat
Wed, 08 Sep 2010 13:38:51 +0100
The recent rise in commodity prices has raised inflation concerns but Capital Economics believes the biggest threat to the global economy continues to be deflation.
Citywire Money, Tax and Property
- Morning Line: the mortgage lending tactics that distort the market
Wed, 08 Sep 2010 11:03:33 +0100
Mortgage lenders should follow Coventry's example and stop practices like conditional lending.
- House prices rise for second month, erasing previous losses ? Halifax
Wed, 08 Sep 2010 09:06:47 +0100
House prices have increased for a second month, up 0.2% after July's 0.7% rise, with activity largely 'static'.
- Ask Citywire: ask us a question about money and we will get you an answer
Wed, 08 Sep 2010 00:01:00 +0100
Got a question about personal finance or investment? Post it in our forums and we will help you get an answer.
- First time buyers: some tips to help you raise a deposit
Tue, 07 Sep 2010 00:01:00 +0100
Increasing numbers of first time buyers are getting help from their parents to raise a deposit. That's fine if you have cash to spare, but what does everyone else do?
Citywire News
- Transocean slams BP's 'self-serving' Gulf of Mexico disaster report
Wed, 08 Sep 2010 15:50:00 +0100
(Update) A BP report found a 'number of parties' share the blame for the Deepwater Horizon but Transocean and Halliburton have hit back at the 'flawed' report.
- Economic growth slowing but remains 'robust', says think tank
Wed, 08 Sep 2010 15:00:00 +0100
UK growth was 0.7% in the three months ending in August, down from 1.3% in the three months ending in July, according to estimates from NIESR.
- European debt worries re-emerge as Ireland extends guarantees
Wed, 08 Sep 2010 12:19:16 +0100
Fears that the high levels of debt in peripheral European countries could cause yet another shock in the markets have re-emerged.
- Morning Line: the mortgage lending tactics that distort the market
Wed, 08 Sep 2010 11:03:33 +0100
Mortgage lenders should follow Coventry's example and stop practices like conditional lending.
BBC Business News
- Greece economy contracts by 1.8%
Wed, 08 Sep 2010 19:03:56 GMT
The debt-laden Greek economy shrank by a surprise 1.8% in the second quarter as households slashed spending.
- House giant enters administration
Wed, 08 Sep 2010 16:18:57 GMT
Property giant Connaught formally enters administration, putting thousands of jobs at risk.
- BP spreads blame over oil spill
Wed, 08 Sep 2010 15:09:42 GMT
A BP report says "a series of failures" by BP and its contractors were to blame for the massive Gulf of Mexico oil spill.
- EU ruling opens up German gambling market
Wed, 08 Sep 2010 15:02:05 GMT
German gambling restrictions breach European Union law, the EU's highest court rules
BBC News
- Obama pushes US economy plan
Wed, 08 Sep 2010 18:45:17 GMT
President Obama urges Congress to approve billions in tax breaks and spending to boost the US economy ahead of November's elections.
- Hague: Axing embassies 'unlikely'
Wed, 08 Sep 2010 18:26:10 GMT
Closing dozens of small embassies to save money would be a "false economy" as they do not cost much, says William Hague.
- Coach Flower opposes Twitter ban
Wed, 08 Sep 2010 18:17:04 GMT
England cricket coach Andy Flower says he does not want players banned from using Twitter but says they must do so 'in the right way'.
- Merkel: Koran burning 'abhorrent'
Wed, 08 Sep 2010 18:03:45 GMT
German Chancellor Angela Merkel has described as "abhorrent" a US pastor's plan to burn the Koran.
