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 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.
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.
BBC Business News
- Austrian gambling breaches EU rules
Thu, 09 Sep 2010 20:49:54 GMT
Austrian casino rules which required gambling operators to be based in the country, have been found in breach of EU law.
- 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.
- 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.
BBC News
- Iran to is release US woman hiker
Thu, 09 Sep 2010 21:35:42 GMT
Iran is set to release on Saturday Sarah Shourd - one of three detained US hikers held since last July and accused of espionage, officials say.
- US pastor cancels Koran burning
Thu, 09 Sep 2010 21:25:32 GMT
US pastor Terry Jones cancels his Koran burning event, saying those behind an Islamic centre near New York's "Ground Zero" had agreed to relocate it.
- Parties unite over carriers fears
Thu, 09 Sep 2010 21:08:43 GMT
Scottish ministers and opposition politicians join forces in a bid to ensure the future of two Royal Navy aircraft carriers.
- 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.
