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
- 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.
Citywire Money, Tax and Property
- Mortgages: a tracker could save you money
Sat, 31 Jul 2010 00:01:00 +0100
If economists' forecasts are right and the Base Rate is really set to remain at 0.5% until the end of 2013, then trackers look a much better bet than fixed rate mortgages.
- 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.
Citywire News
- Saturday Papers: tips and comment
Sat, 31 Jul 2010 07:00:00 +0100
Better hope the latest US GDP numbers are very wrong on the downside
- Saturday Papers: US growth falls back to 2.4% - other news
Sat, 31 Jul 2010 07:00:00 +0100
Consumption growth fell to 1.6% from 1.9%
- Saturday Papers: Buy-out groups eye $1bn stake in Nokia Siemens Network - bid news and gossip
Sat, 31 Jul 2010 07:00:00 +0100
PPR receives ?significant signs of interest? in its retail arms
- Sterling climbs on US woes but are we really faring better?
Sat, 31 Jul 2010 00:01:00 +0100
The pound has leapt to a five-month high against the dollar as investors compare the UK favourably with the US. Are these hopes valid?
BBC Business News
- Iran sanctions: Pressure on Dubai
Sat, 31 Jul 2010 15:53:18 +0000
Ben Thompson looks at Dubai's role on the new frontline of sanctions on Iran.
- Tax credits and child trusts
Sat, 31 Jul 2010 14:25:49 +0000
In this week's Your Money Sally Eden looks at tax credits and child trust funds.
- Power cuts cripple emirate of Sharjah
Sat, 31 Jul 2010 14:02:21 +0000
Power cuts in the emirate of Sharjah have been causing a raft of problems for businesses, with whole districts having to be shut down.
- Tax credit repayments 'to soar'
Sat, 31 Jul 2010 12:39:55 +0000
Many more people will face having to pay back some of the money paid to them as tax credits because of Budget changes, experts say.
BBC News
- Man dies as powerboat overturns
Sat, 31 Jul 2010 20:34:40 +0000
A man died when the boat he was in "flipped over" during the European and British National Powerboat Championships in Essex, police say.
- Farah claims second European gold
Sat, 31 Jul 2010 20:11:26 +0000
Great Britain's Mo Farah becomes the first athlete in 20 years to win both the 5,000m and 10,000m European titles.
- Bogota denies Venezuela war plan
Sat, 31 Jul 2010 19:21:16 +0000
The Colombian government denies accusations by Caracas it is planning a military attack on Venezuela, following claims by President Hugo Chavez that his Colombian counterpart, Alvaro Uribe, was "capable of anything".
- Opposition figures held in Moscow
Sat, 31 Jul 2010 19:20:37 +0000
Russian police detain two opposition leaders and dozens of others trying to hold demonstrations in Moscow and St Petersburg.
