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
- 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 News
- Saturday Papers: tips and comment
Sat, 04 Sep 2010 00:01:00 +0100
Best police against frauds are employees - 40% of detections come from tip-offs.
- Saturday Papers: US jobs data allay double dip concerns - other news
Sat, 04 Sep 2010 00:01:00 +0100
The private sector had created 235,000 jobs in the past three months.
- Saturday Papers: Beijing eyes counterbid for PotashCorp - bid news and gossip
Sat, 04 Sep 2010 00:01:00 +0100
The Chinese government has backed Sinochem to trump BHP Billiton?s $39bn hostile offer.
- 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
- Anglesey council boss to stay on
Sat, 04 Sep 2010 07:26:16 GMT
The interim managing director brought in to run a crisis-hit authority is to stay on for the forseeable future.
- Six million hit by tax mistakes
Sat, 04 Sep 2010 07:15:27 GMT
HM Revenue and Customs says some 1.4 million people each owe about £1,500, while 4.3 million will get an average rebate of £418.
- Nine die in New Zealand air crash
Sat, 04 Sep 2010 07:05:04 GMT
Nine people, including four tourists, are killed when a light aircraft crashes after taking off from Fox Glacier in New Zealand, say reports.
- BP blowout preventer 'removed'
Sat, 04 Sep 2010 06:55:07 GMT
BP replaces the blowout preventer that failed to stem the leaking Gulf of Mexico oil well and says it has paid $8bn (£5.2bn) in damage costs.
- Council could cut over 1,000 jobs
Sat, 04 Sep 2010 05:02:42 GMT
One of Scotland's largest councils - North Lanarkshire - warns that it may have to cut more than 1,000 jobs.
