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.
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Citywire Investment News
- Investment Line: Has the recession permanently damaged UK GDP?
Fri, 03 Sep 2010 14:00:34 +0100
Measuring whether the UK's ouput gap is closing or lost forever after the downturn is playing a key role in determining monetary policy.
- Global markets soar as US jobs data brings more cheer
Fri, 03 Sep 2010 13:58:10 +0100
Today's US jobs data came in much better than expected dampening fears the world's largest economy is heading back towards recession.
- Wealth managers recover second quarter losses
Fri, 03 Sep 2010 13:20:46 +0100
Research from Asset Risk Consultants (Arc) shows wealth managers managed to recover some of the losses from dreadful in May and June.
- The financial crisis isn?t the problem ? it's expensive old people
Fri, 03 Sep 2010 12:18:23 +0100
We risk ignoring 'the fiscal challenge of the 21st century'.
- Capita employee in fatal fall at AXA office
Fri, 03 Sep 2010 11:43:06 +0100
A Capita employee has died after falling three floors inside one of AXA?s offices in Bristol.
Citywire Money, Tax and Property
- 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.
- Morning Line: Why should first time buyers suffer?
Tue, 31 Aug 2010 11:20:38 +0100
If the Bank of England is serious about capping mortgage loan-to-value ratios as a means of preventing another credit crisis then it risks excluding more young people from home ownership. Is this what the coalition really wants?
- Mortgages: don't write off a fixed rate
Sat, 28 Aug 2010 00:01:00 +0100
Most people are opting for a tracker mortgage, but it is not the right option for everyone. Lorna Bourke considers the options for borrowers.
- Homeowners must protect themselves against unemployment
Sat, 28 Aug 2010 00:01:00 +0100
How would you pay off your mortgage if you lost your job? Lorna Bourke looks at the help available.
Citywire News
- Saturday Papers: tips and comment
Sat, 04 Sep 2010 00:01:00 +0100
- Saturday Papers: other news
Sat, 04 Sep 2010 00:01:00 +0100
- Saturday Papers: bid news and gossip
Sat, 04 Sep 2010 00:01:00 +0100
- 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.
- Halifax denies 81 year old woman access to her account for three months
Sat, 04 Sep 2010 00:01:00 +0100
After removing the wrong name from an elderly couple's account, Halifax said it could not correct the error because 'the department handling the matter was closing'.
BBC Business News
- Nigerian economy 'to grow by 10%'
Fri, 03 Sep 2010 23:04:42 GMT
Nigeria's economy will hit double-digit growth by the end of 2011 or early 2012, the country's finance minister says.
- Bank customers in 'dire poverty'
Fri, 03 Sep 2010 23:02:20 GMT
Banks are accused of leaving some customers in "dire poverty" after taking money out of their accounts without permission.
- Petrobras files $65bn share offer
Fri, 03 Sep 2010 20:12:33 GMT
The Brazilian state oil company, Petrobras, unveils plans to sell up to $64.5bn of new stock, in one of the world's largest share offers.
- HSBC threatens to quit London HQ
Fri, 03 Sep 2010 17:19:19 GMT
HSBC may quit its London headquarters if the UK government decides to break up big banks, a senior executive says.
- Expert views
Fri, 03 Sep 2010 17:08:15 GMT
Economists remain divided over the merits of spending cuts
BBC News
- Earthquake hits south New Zealand
Fri, 03 Sep 2010 23:43:49 GMT
A state of emergency is declared in Christchurch after a 7.0-magnitude earthquake strikes New Zealand's South Island, injuring two people seriously.
- Blair in 'radical Islam' warning
Fri, 03 Sep 2010 23:41:31 GMT
Former Prime Minister Tony Blair tells the BBC that radical Islam is the greatest threat facing the world.
- New phone hacking inquiries call
Fri, 03 Sep 2010 22:39:10 GMT
Senior Labour politicians urge fresh inquiries into phone hacking claims surrounding the News of the World newspaper.
- Castro addresses rally in Havana
Fri, 03 Sep 2010 22:04:58 GMT
Fidel Castro addresses a rally for the first time since handing the Cuban presidency to his brother Raul in 2006.
- US cargo plane crashes in Dubai
Fri, 03 Sep 2010 21:46:41 GMT
A UPS cargo plane crashes at an air force base shortly after take-off from Dubai airport, killing two crew members on board.
