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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
- Tech trusts: should the betamax moments turn you off?
Wed, 22 Feb 2012 14:22:40 Z
The tech sector has enjoyed a spectacular three-year run, but the wide discounts in the closed-end soace may be a telling sign investors still bear a grudge after the 2001 crash.
- Investment complaints at Barclays Bank jump 77% in 2011
Wed, 22 Feb 2012 13:59:14 Z
Complaints linked to investments at Barclays spiked between 2010 and 2011, despite a broader 30% fall in gripes about the bank's other services.
- FundsNetwork strikes platform deal with Barclays Stockbrokers
Wed, 22 Feb 2012 12:42:24 Z
Fidelity FundsNetwork has struck an exclusive deal with the bank to provide its core fund platform in a move which will see it go head to head with the likes of Hargreaves Lansdown.
- Alan Miller teams with Deutsche to launch UK's first ETF of ETFs
Wed, 22 Feb 2012 11:25:09 Z
SCM Private is launching the first exchange traded fund (ETF) of ETFs in the UK in conjunction with db X-trackers, to provide a low-cost, actively managed multi-asset strategy.
Citywire Money, Tax and Property
- How to pay for long-term care of your loved ones
Wed, 22 Feb 2012 10:29:23 Z
The average person can expect to spend nearly 60% of their retirement in good health, but how will you pay for the other 40%?
- House prices see biggest rise in 10 years
Mon, 20 Feb 2012 10:19:30 Z
Asking prices rose 4.1% in February ? the biggest monthly increase since April 2002.
- What is a mortgage and how do I get one?
Fri, 17 Feb 2012 12:12:23 Z
We unpick the mortgage jargon to help you get to grips with the different types of loan that are available.
- Rents resume upward march
Fri, 17 Feb 2012 00:01:00 Z
Following two months of declines, the average monthly rent in England and Wales rose 0.1% in January to £712.
BBC Business News
- Bank members voted for £75bn QE
Wed, 22 Feb 2012 17:49:37 GMT
Minutes show two of the Bank of England's Monetary Policy Committee wanted more money pumped into the economy, sending sterling down on the currency markets.
- Greek MPs consider bailout laws
Wed, 22 Feb 2012 17:38:48 GMT
Protests take place outside parliament in Greece, as MPs consider emergency laws after a 130bn-euro bailout deal.
- Obama seeks US corporate tax cut
Wed, 22 Feb 2012 17:36:21 GMT
US President Barack Obama proposes a cut in corporate tax and an end to tax loopholes, as part of his election-year strategy on the economy.
- South Korea wins Navy tanker deal
Wed, 22 Feb 2012 17:10:32 GMT
The Royal Navy selects South Korean firm Daewoo for a £452m deal to build four new fuel tankers.
FT.com - Financial Markets News
- Stocks struggle amid Greek deal caution
Wed, 22 Feb 2012 17:32:13 GMT
Risk appetite blunted by lacklustre economic activity data from the eurozone and China, and doubts over Athens? ability to enact reforms
- Rexam tops FTSE 100 on spin-off plans
Wed, 22 Feb 2012 16:53:19 GMT
Shares in London were modestly higher, with Lloyds Banking Group and Royal Bank of Scotland helping financials to return to the leaderboard
- Japan?s policy will spur high debt economies
Wed, 22 Feb 2012 16:12:47 GMT
Reduction of supply of haven assets ignites demand for risky assets
- Tech stocks fall on Dell disappointment
Wed, 22 Feb 2012 15:43:51 GMT
The SP 500 opened 0.1 per cent lower but remains near its post-financial crisis high, as investors shrugged off global manufacturing concerns
Citywire News
- Rexam flies ahead on profit gains as FTSE lags
Wed, 22 Feb 2012 17:36:35 Z
Britain?s benchmark stock index flatlines as downbeat data create a gloomy outlook despite the Greek deal averting a crisis for now.
- Barclays takes on Hargreaves in fight for DIY investors
Wed, 22 Feb 2012 16:30:04 Z
Barclays Stockbrokers has signed up funds platform Fidelity FundsNetwork in a bid to take on Hargreaves Lansdown (HRGV.L) in its core market.
- Welcome to an uncertain financial future
Wed, 22 Feb 2012 15:42:48 Z
Sandwiched between two skint generations, the Uncertain Generation are seeing their money squeezed like never before.
- Barclays: customer complaints down but 'still too high'
Wed, 22 Feb 2012 14:44:48 Z
Customer complaints fell 6% in 2011, but were up in the second half of the year and high in investments and insurance.
BBC News
- Visa rules 'may deter students'
Wed, 22 Feb 2012 18:00:55 GMT
Visa changes could see the UK's top universities and schools lose their appeal to international students, says a report.
- Cherie Blair starts hacking case
Wed, 22 Feb 2012 17:55:37 GMT
Cherie Blair has started legal proceedings over phone hacking, her solicitor confirms.
- Western journalists die in Homs
Wed, 22 Feb 2012 17:48:11 GMT
American Marie Colvin of the UK's Sunday Times and French photographer Remi Ochlik are among 60 people killed in the Syrian city of Homs.
- Greek MPs consider bailout laws
Wed, 22 Feb 2012 17:38:48 GMT
Protests take place outside parliament in Greece, as MPs consider emergency laws after a 130bn-euro bailout deal.
Sky Business News
- State-Owned RBS to Pay Out £400M In Bonuses
Royal Bank of Scotland is to pay out just under £400m in bonuses to its investment banking staff for their work in 2011, according to Sky sources.
- Peacocks Sold To Edinburgh Woollen Mill
Fashion retailer Peacocks has been sold out of administration to Edinburgh Woollen Mill, saving 6,000 jobs, but thousands of staff will still be made redundant.
- InterContinental Hotels Creates 3,000 UK Jobs
Deputy Prime Minister Nick Clegg has welcomed the creation of 3,000 new jobs in the UK by the world's biggest hotelier, InterContinental Hotels.
- CBI Urges Osborne To Change UK Tax System
The Government is facing pressure to give a £500m boost to business in next month's Budget and make changes to the tax system to help drive economic growth.
