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
- Barclays Wealth continues alternatives push with double appointment
Thu, 09 Sep 2010 14:16:59 +0100
Barclays Wealth has beefed up its alternatives team in London with a double appointment.
- Invesco Perpetual selling down Rolls-Royce as Harrison buys in
Thu, 09 Sep 2010 14:01:02 +0100
Invesco Perpetual's has been trimming its stake in blue chip Rolls- Royce just as Threadneedle's head of UK equities Leigh Harrison has been buying into the stock.
- Five properties raided in £65m 'boiler room' fraud
Thu, 09 Sep 2010 13:47:45 +0100
Around 40 police officers and investigators swooped on the residences in pursuit of information linked to an international mis-marketing of shares scandal.
- Osborne names Chote as new budget watchdog head
Thu, 09 Sep 2010 13:27:12 +0100
Highly regarded economist Robert Chote has agreed to replace Sir Alan Budd as the head of the Office for Budget Responsibility.
Citywire Money, Tax and Property
- House price reports: who needs 'em?
Thu, 09 Sep 2010 00:01:00 +0100
Is there such a thing as a 'useful' house price index, one that can be used by buyers and sellers to reflect on their own individual deals in any meaningful way? Linton Chiswick reports on the difficult questions an official investigation into house prices must tackle.
- 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.
BBC Business News
- Welfare bill faces extra £4bn cut
Thu, 09 Sep 2010 19:58:36 GMT
The government is planning to reduce the annual welfare bill by a further £4bn, Chancellor George Osborne tells the BBC.
- Shop vacancy rates continue to rise
Thu, 09 Sep 2010 18:20:42 GMT
The latest study suggests that despite a fragile economic recovery, the number of shops going out of business continues to rise.
- BMI Baby to review bag size gauges
Thu, 09 Sep 2010 16:57:21 GMT
When flying with a budget airline hand luggage gauges are used to establish that the baggage is of the correct size, but what if BMI Baby are measuring hand luggage in gauges that are too small?
- Bmibaby luggage gauges too small
Thu, 09 Sep 2010 16:33:26 GMT
Budget airline Bmibaby has been charging customers to put bags in the hold when they are small enough for the cabin, the BBC learns.
Citywire News
- Fidelity: The best places to go for UK income stocks
Thu, 09 Sep 2010 14:33:29 +0100
Dividend cuts are so last year - stocks beat gilts and corporate bonds for income seekers, explains fund manager Michael Clark.
- Five properties raided in £65m 'boiler room' fraud
Thu, 09 Sep 2010 13:47:45 +0100
Around 40 police officers and investigators swooped on the residences in pursuit of information linked to an international mis-marketing of shares scandal.
- Osborne names Chote as new budget watchdog head
Thu, 09 Sep 2010 13:27:12 +0100
Highly regarded economist Robert Chote has agreed to replace Sir Alan Budd as the head of the Office for Budget Responsibility.
- Morning Line: Why the Bank of England?s decisions still matter to you
Thu, 09 Sep 2010 12:20:23 +0100
It is clear the Bank of England is going to keep interest rates on hold for many, many months, but this indecision means we're all being squeezed.
BBC News
- Race-row German banker quits post
Thu, 09 Sep 2010 20:12:11 GMT
A German banker at the centre of a row over comments he made about Jews and Muslims agrees to leave his post, the Bundesbank says.
- Two seriously hurt in plane crash
Thu, 09 Sep 2010 20:10:05 GMT
Two men are seriously injured when they become trapped when their light aircraft crashes into a garden in Hampshire.
- Welfare bill 'to be cut by extra £4bn'
Thu, 09 Sep 2010 19:58:36 GMT
The government is planning to reduce the annual welfare bill by a further £4bn, Chancellor George Osborne tells the BBC.
- Iran to release captured US hiker
Thu, 09 Sep 2010 19:53:57 GMT
Iran is set to release on Saturday one of three detained American hikers held since last July and accused of espionage, officials say.
