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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'.
Citywire Money, Tax and Property
- 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.
BBC Business News
- UN calls special food price talks
Fri, 03 Sep 2010 16:19:48 GMT
The United Nations' food agency calls a special meeting of policy makers to discuss the recent rapid rises in food prices.
- Global food prices reach 20 year high
Fri, 03 Sep 2010 15:11:07 GMT
Global food prices have reached a 20 year high and there are concerns they could climb even further after Russia decided to extend its ban on wheat exports.
- US sees 54,000 jobs go in August
Fri, 03 Sep 2010 15:05:17 GMT
The US economy shed another 54,000 jobs in August, the third month in a row that jobs have been lost, official figures show.
- BP says oil spill cost up to $8bn
Fri, 03 Sep 2010 14:28:42 GMT
BP says the cost of its Gulf of Mexico oil spill has risen to $8bn - a rise of more than $2bn in the last month alone.
Citywire News
- Credit card rates set to rise as write-offs soar
Fri, 03 Sep 2010 15:51:00 +0100
If you are wondering why you pay such a high interest charge on your credit card look no further than the latest debt figures from the Bank of England.
- 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.
- Shares tread water ahead of US jobs data
Fri, 03 Sep 2010 11:05:29 +0100
UK shares made gains for the sixth day in a row, but investors remain nervous ahead of today's US jobs data after recent mixed signals on the pace of growth in the world's largest economy.
- Morning Line: financial crisis isn?t the problem ? it's expensive old people
Fri, 03 Sep 2010 10:54:19 +0100
We risk ignoring 'the fiscal challenge of the 21st century'.
BBC News
- Explosion at Hare Krishna temple
Fri, 03 Sep 2010 16:29:43 GMT
A Hare Krishna temple in Leicester is partly destroyed in an explosion, which is thought to have been caused by gas bottles being used for cooking.
- Six men jailed for Portugal abuse
Fri, 03 Sep 2010 16:28:15 GMT
Six Portuguese men are sentenced to between five and 18 years in jail after being found guilty of multiple charges of sexual abuse at a state-run children's home.
- Plane 'crashes on Dubai highway'
Fri, 03 Sep 2010 16:26:49 GMT
A cargo plane has crashed on a major highway in Dubai, setting some cars on fire, local officials and media reports say.
- Error 'no bearing on Donagh move'
Fri, 03 Sep 2010 16:26:24 GMT
The justice minister David Ford says that a clerical error had no bearing in the decision to allow the McDermott brothers to return to Donagh.
Sky Business News
- US Economy Sheds Another 54,000 Jobs
Unemployment in the US is up for the third month in a row - with the loss of another 54,000 jobs.
- Pub Chain Serves Up Jobs For 16-Year-Olds
Discount pub chain JD Wetherspoon has announced plans to create 1,000 jobs for school leavers aged 16 and 17.
- Food Price Fear Over Russia Wheat Ban
Russia has extended the ban on wheat exports until next year's harvest, sparking fears over a global food shortage.
- Binning The Booze: Brits Are Drinking Less
People in the UK are drinking less for the first time in 60 years, according to new figures.