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
- Lloyds to cut 900 jobs
Tue, 07 Feb 2012 13:56:29 Z
Part-nationalised Lloyds Banking Group is to cut 900 jobs - part of wider plans unveiled last year to cull 15,000 posts across the company.
- Why it's too soon to call the end of treasuries' bull run
Tue, 07 Feb 2012 13:55:24 Z
Risk assets have got off to a good start this year but strategists are sceptical about calling time on treasuries' bull run with so much uncertainty remaining in the global economy.
- Skandia drops Aviva Investors from Best Ideas after job cuts
Tue, 07 Feb 2012 13:53:29 Z
Skandia Investment Group has removed Aviva Investors? manager Julius Lipner from running money for its Skandia UK Strategic Best Ideas fund, following the strategic review of the firm.
FT.com - Financial Markets News
- Avoiding EM economies is the biggest gamble of all
Tue, 07 Feb 2012 19:32:55 GMT
The most likely path for unwinding global imbalances is through appreciation of emerging market currencies, writes Jerome Booth
- Price of Canadian crude falls over backlog
Tue, 07 Feb 2012 19:17:56 GMT
Sixth biggest oil producer sells at half the global rate after rising production is hit by pipeline congestion and outages at US refineries
- Short sellers target social network stocks
Tue, 07 Feb 2012 19:11:00 GMT
Traders worry that valuations of LinkedIn, Renren and Zynga are artifically inflated by tight floats and rally in the wake of Facebook filing
Citywire News
- FTSE wavers as ?Glenstrata? deal weighs on miners
Tue, 07 Feb 2012 17:21:48 Z
Britain?s benchmark index dragged down by miners as opposition to the merger of commodities giant Glencore and miner Xstrata mounts.
- The ship be sinking: a portent of economic doom
Tue, 07 Feb 2012 16:51:48 Z
A downturn in the 'Baltic Dry Index' may not cast the same pall it used to, but a 25-year low is worrying nonetheless.
- QA: how to complain about your bank
Tue, 07 Feb 2012 14:05:03 Z
If you're unhappy with your bank or another financial services provider, check out our quick guide to filing a formal complaint.
Citywire Money, Tax and Property
- House prices rose 0.6% in January, says Halifax
Mon, 06 Feb 2012 09:54:16 Z
The average UK house price is now £161,000.
- The 20 postcodes most 'at risk' of burglary
Fri, 03 Feb 2012 09:35:34 Z
The areas in the UK that see the most home insurance claims for theft or burglary, and the postcodes that are least at risk.
- House prices flat as market 'dogged by uncertainty'
Mon, 30 Jan 2012 00:01:00 Z
January marked the eighteenth month that house prices did not rise, according to Hometrack.
BBC Business News
- Tax deal brings out 2,000 evaders
Tue, 07 Feb 2012 17:59:03 GMT
Some 2,000 people from the UK with money invested in Liechtenstein have come forward after the tax haven was put under the spotlight.
- Euro 'could survive Greece exit'
Tue, 07 Feb 2012 17:53:40 GMT
Pressure is rising on Greece's national unity government to agree tough reforms as one European offical said that it was "no man overboard" if Greece left the euro.
- 'Europe is poor so should live within its means'
Tue, 07 Feb 2012 17:48:02 GMT
Time to learn from Asia and cut the cloth accordingly?
